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  • Business and Economics Key Terms Business and Economics Key Terms

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    abhilash k.b
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    The document provides definitions for over 50 key business and economics terms, asking the reader to write about each term's definition, typical usage, any recent relevance, and possible diagrams. It covers fundamental concepts in areas like accounting, markets, business strategy, macroeconomics, international trade, and human resources.

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    busec_key

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    The document provides definitions for over 50 key business and economics terms, asking the reader to write about each term's definition, typical usage, any recent relevance, and possible diagrams. It covers fundamental concepts in areas like accounting, markets, business strategy, macroeconomics, international trade, and human resources.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views69 pages

    Business and Economics Key Terms Business and Economics Key Terms

    Uploaded by

    abhilash k.b
    The document provides definitions for over 50 key business and economics terms, asking the reader to write about each term's definition, typical usage, any recent relevance, and possible diagrams. It covers fundamental concepts in areas like accounting, markets, business strategy, macroeconomics, international trade, and human resources.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 69

    Business

    Business and
    and Economics
    Economics
    Key
    Key Terms
    Terms
    Write as much about each key term as you
    think is relevant.

    •definition
    •when it might be used
    •whether it’s been in the news recently
    •a diagram

    .
    Entrepreneur
    Merger
    Market
    Market Share
    Economies of scale
    Diseconomies of scale
    Private sector
    Public sector
    Poverty
    Competitive advantage
    Stakeholders
    Division of labour
    Benefit system
    Innovation and R&D
    Competition Commission
    The EU
    The Eurozone
    Distribution of Income
    Monopoly
    Cash flow
    Profit and loss account
    Balance sheet
    Profit formula
    VC, TC, R, FC
    Gross profit margin
    Return on Capital
    Employed
    Break even
    Communication methods
    Marketing Mix
    Product lifecycle
    Recession
    Boom
    Gross Domestic Product
    Inflation
    Unemployment
    Fiscal policy
    Monetary policy
    Share
    Limited liability
    Dividend
    Private limited company
    Public limited company
    Sole trader and
    partnerships
    Ethical business
    Break even
    Variable costs
    Fixed costs
    Revenue/sales/turnover
    Mark up (%)
    Added value
    Branding
    Demand
    Supply
    Equilibrium price
    Market failure
    Sustainable development
    Renewable energy
    Import and exports
    Tariffs and import
    controls
    Exchange rate
    Productivity
    Motivation
    Changes in working
    patterns
    Less Developed Countries
    Benefits trap
    Government regulation
    Target market
    Economic Growth
    and GDP
    Working Capital

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