→ Glossary → Empezar lección / Descargar tarjetas en MP3

término		definición
Mission Statement empezar lección		A statement of the organization's purpose - what it wants to accomplish in the larger environment. Vison or overall goal of the organization.
Aims empezar lección		A goal the business sets for itself in order to measure how successful it is
Objectives empezar lección		More specific goals of the business derived from the aims.
Strategies empezar lección		Plans of action for achieving goals and objectives. How.
Private sector organisations empezar lección		businesses owned by individuals
Public sector organisations empezar lección		Businesses owned by the government.
Ethics empezar lección		Business Morals
(smart) S=? empezar lección		specific
(smart) M=? empezar lección		measurable
(smart) A=? empezar lección		attainable
(smart) R=? empezar lección		realistic
(smart) T=? empezar lección		timely
Profit empezar lección		Total Revenue - Total Cost
Financial Gain empezar lección		Ganancia financiera
Total Revenue empezar lección		Quantity x Price
Total Costs empezar lección		Fixed costs + Variable costs
Fixed costs empezar lección		Costs that do not vary with the quantity of output produced
Variable costs empezar lección		costs that vary with the quantity of output produced
Loans empezar lección		a sum of money borrowed that is expected to be paid back with interest.
cost empezar lección		An expense paid to run a buisness
limited liability empezar lección		A form of business ownership in which the owners are liable only up to the amount of their individual investments.
unlimited liability empezar lección		The owner is personally and fully responsible for all losses and debts of the business. May have to sell personal possessions.
Consumers empezar lección		People who buy and use goods and services.
labour empezar lección		productive work done for wages
Entrepreneur empezar lección		A person who starts up and takes on the risk of a business
Stakeholders empezar lección		All the people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address.
market empezar lección		a group of buyers and sellers of a particular good or service
Niche empezar lección		a small specialized market with specific needs
Marketing empezar lección		any paid form of non-personal presentation and promotion of goods or services by an identified sponsor
Brand Image empezar lección		The consumers' beliefs about the company and/or its goods or services often in terms of quality, price, value and ethics
Market Share empezar lección		the ratio of sales revenue of the firm to the total sales revenue of all firms in the industry, including the firm itself
Supply empezar lección		The quantity of something that is available for sale
Demand empezar lección		Consumer willingness and ability to buy products
multiplier effect empezar lección		An effect in economics in which an increase/decrease in spending produces an increase/decrease in national income and consumption greater/lesser.

Glossary

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