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business
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7
Business
10th Grade
09/25/2024

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Cards

Term
aim
Definition
the intention to reach a goal
Term
Boston matrix
Definition
a tool for analyzing the contribution made by each products' position according to its market share and rate of growth of the market.
Term
asset
Definition
something a business owns; it has value.
Term
cost
Definition
the money spent by a business on goods and services
Term
competition
Definition
the rivalry between businesses looking to sell their goods/services in the same market
Term
contracts of employment
Definition
a legal document that sets out the terms and conditions of the job for the employer and the employee
Term
commission
Definition
an amount of money paid to an employee that is based on a percentage of the sales he/she achieved; paid in addition to a basic sallary
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