The document provides definitions for various financial and business terminology organized into multiple sections. Some key terms defined include banknotes, coins, currencies, foreign exchange rates, debt, investments, expenses, income, profits, production, marketing, research and development, sales, purchasing, and personnel. Consumer protection laws and agencies are discussed as regulating companies' production, advertising, and treatment of consumers.
The document provides definitions for various financial and business terminology organized into multiple sections. Some key terms defined include banknotes, coins, currencies, foreign exchange rates, debt, investments, expenses, income, profits, production, marketing, research and development, sales, purchasing, and personnel. Consumer protection laws and agencies are discussed as regulating companies' production, advertising, and treatment of consumers.
The document provides definitions for various financial and business terminology organized into multiple sections. Some key terms defined include banknotes, coins, currencies, foreign exchange rates, debt, investments, expenses, income, profits, production, marketing, research and development, sales, purchasing, and personnel. Consumer protection laws and agencies are discussed as regulating companies' production, advertising, and treatment of consumers.
1. Paper money issued by a country's central or reserve bank is called a . 2. Money in the form of a flat, usually round, piece of metal is called a . 3. Money in the form of banknotes and coins is called . 4. The different types of money used in different countries are called . 5. Japan's currency is the Yen and China's currency is the . 6. The rate at which one currency is traded for another is called the rate. 7. The value of most currencies is determined by currency trading on the foreign exchange . 8. Giving money to a company in return for a share of future profits is called making an . 9. Money that's owed by one person or organisation to another is called a . 10. If you buy something on , the seller accepts your promise to pay for it in the future. agenda ballot boardroom chairperson hands item majority minority minutes unanimous 1. The list of items to be discussed in a meeting is called the . 2. The person who presides over a meeting is called the . 3. A topic or issue that's listed on a meeting's agenda is called an . 4. A written record of what's said in a meeting is called the . 5. A written, and usually secret, vote that's taken in a meeting is called a 6. An unwritten and open vote taken in a meeting is called a "show of ". 7. The room in which a company's board of directors meets is called a . 8. If all the members of a meeting agree on a decision, the decision is . 9. If more than half of those at a meeting agree on something, they are in the . 10. If less than half of those at a meeting agree on something, they are in the . company expenses goods income marketing personnel production purchasing research sales 1. A is an organisation that aims to make a profit for its owners and investors. 2. Companies make profits by producing and marketing or services. 3. Companies must pay such as salaries, production costs, and advertising costs. 4. If a company's from sales is greater than its expenses, it makes a profit. 5. A company's and development department develops new products or services. 6. A department plans and oversees the manufacturing of a company's products. 7. A department manages the launching, promotion and advertising of products. 8. A department manages distribution of products and deals with customers. 9. A department buys things like raw materials, company vehicles and office supplies. 10. A department recruits, manages and dismisses employees as necessary. accurately benefits buy complained consumer cutting laws produce profit protection 1. A person who buys and uses a product is a . 2. Companies manufacture and market products in order to make a . 3. Profits are made by selling products for more than they cost to and market. 4. Companies can increase profits by production costs, but this can also reduce quality and product safety. 5. They can also increase profits by getting more consumers to products by advertising them. 6. When advertising products, companies often exaggerate their and mislead consumers. 7. Consumers who were misled by advertisements or bought unsafe products often to authorities. 8. These complaints led to the creation of consumer agencies in many countries. 9. These agencies ensure products meet minimum quality and safety standards and are described when advertised. 10. Consumer protection allow consumers to file charges against, and be compensated by, unethical companies.