167393
Description
Flashcards by TeanneRixon, updated more than 1 year ago
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Created by TeanneRixon
over 10 years ago
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| Question | Answer |
| Public Company | A company listed on the stock exchange. |
| Capital | The money or other assets used to fund the establishment of a business. |
| Overdraft | A bank account facility that allows you to withdraw more funds from an account than you have deposited, you are charged interest for using these funds. |
| Franchisee | The owner of a franchise. |
| Dividend | A payment made to a company's shareholders |
| Demography | The study of a population. It includes size and distribution of the population as well as details of the individuals within the population, such as age, gender, interests etc. |
| Franchise | A business for which there is an agreement for the use of a brand name and operating systems in exchange for a fee. |
| Target Market | The group of customers to which an organisation intends to aim its marketing efforts. |
| Goodwill | The monetary value of an existing company's reputation. |
| SWOT Analysis | An assessment of a company's strengths, weaknesses, opportunities and threats. |
| Inputs | Goods and services used in the production process. |
| Leasing | Using equipment or property for a specific amount of time in return for a fee or rent. |
| Partnership | Where two or more people share responsibility for the operation of a business. |
| Incorporated Association | A non-profit organisation involved in commercial activity. Profits are returned to the organisation, not passed onto members. |
| Private Company | A business that is not listed on the stock exchange and has 50 or fewer shareholders. |
| Sole Trader | A business with a single owner who is responsible for every aspect of the operation of the business. |
| Creditors | Suppliers of goods and services to businesses, especially where these are supplied on credit not cash. |
| Shareholder | A person who owns shares in a business. |
| Franchisor | The business firm that provides the goods, services and expertise for a franchise. |
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