Business Studies, asked by benita12, 1 year ago

Hi. I need list of business terms.

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Answered by groupy
10
These are some basic business terms:-

1.Accounting – a system that provides quantitative information about finances.2.Assets – the value of everything a company owns and uses to conduct their business.3.Business – an organization that operates with the intention of making a profit.4)Business to Business (B2B) – one business sells goods or services to another business.5)Business to Consumer (B2C) – a business sells goods or services directly to the end user.6)Contract – a formal agreement to do work for pay.7)Depreciation – the degrading value of an asset over time.8)Entrepreneur – someone who organizes, manages and takes on the risk of starting a new business.9)Expense – money spent on supplies, equipment or other investments.10)Finance – the management and allocation of money and other assets.11)Fixed Cost – a one-time expense that doesn’t vary with business volume.12)Industry – a category of like businesses.13)Liabilities – the value of what a business owes to someone else.14)Management – the act of organizing and conducting a business to accomplish goals and objectives.15)Marketing – the process of promoting, selling and distributing a product or service.16)Net Income/Profit – revenues minus expenses.17)Net Worth – the total value of a business.18)Payback Period – the amount of time it takes to recover the initial investment of a business.19)Product – something produced or manufactured to be sold; a good.20)Profit 21)Margin – the ratio of profit divided by revenue displayed as a percentage.22)Return on Investment (ROI) – how much money a business gets in return from an investment.23)Revenue – the entire amount of income before expenses are subtracted.24)Sales Prospect – a potential customer.25)Service – work done for pay that benefits another.Supplier – an organization that provides supplies to a business.26)Target Market – a specific group of customers at which a company aims its products and services.27)Variable Cost – expenses that change in proportion to the activity of a business.
Answered by sridhar66
1

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