Shazi-InComp-pre-intUnit1
About this set
Created by:
edescsilla Teacher on July 2, 2010
Classes:
Log in to favorite or report as inappropriate.
Order by
30 terms
Terms | Definitions |
|---|---|
 business proposition | a business plan suggested for acceptance |
| set up business | start a business |
| competitive advantage | A product or service that an organization's customers place a greater value on than similar offerings from a competitor |
| costs | the amount of money spent to produce goods and services |
| deliver | bring to a destination |
| direct mail campaign | to send letters and leaflets to customers by post |
| dot.com | A company whose business is done using the Internet. |
| download | transfer a file or program from a central computer to a smaller computer or to a computer at a remote location |
| employ | to pay someone to work for you |
| expansion | An increase in size and power |
| experience | the accumulation of knowledge or skill that results from direct participation in events or activities |
| finance | a business function that involves money management. |
| industry | a group of businesses that produce a similar product or provide a similar service. |
| staff | personnel |
| start - up | a business which has just begun |
| stock | represents ownership in a corporation |
| success | a favorable result |
| sustain | to support for an extended period of time |
| turnover | sales / average operating assets |
| unrivalled | having no equal; better than any other of the same type |
| investment | The amount of money one puts into a business as capital. |
| investor | someone who commits capital in order to gain financial returns |
| management team | employees of the company responsible for making the business model work |
| margin | net operating income/sales |
| pioneering | a person who goes before others and opens the way for them to follow; to open the way for others |
| pitch | sell or offer for sale from place to place |
| potential market | When you have a good chance to sell something to someone you have a _______________. |
| production | The act of making, creating, or manufacturing |
| set up | construct, build, or erect |
| venture capitalist | individuals or companies that invest in new businesses in exchange for partial ownership of those businesses |
First Time Here?
Welcome to Quizlet, a fun, free place to study. Try these flashcards, find others to study, or make your own.