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Definition
| The money invested in a firm. |
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Definition
| Money to pay for short-term expenses such as employee salaries, advertising, marketing research, inventory storing costs, and what the firm owes suppliers. |
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Definition
| A share in the ownership of a company. |
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Definition
| Borrowing money based on a promise to repay the loan, usually within a fixed time period and with a specific interest charge. |
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Definition
| A financial report that forecasts how much cash will be available after paying expenses. |
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Definition
| The ability to produce a certain quantity & quality of specific goods or services. |
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Definition
| The firm is primarily a coordinator-with a good marketing concept-instead of a pioneer. |
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Definition
| Using telecommunications to move service operations to places where there are pools of skilled workers. |
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Term
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Definition
| Tailoring the principles of mass production to meet the unique needs of individual customers. |
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Term
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Definition
| The categories to which various costs are charged in the normal financial accounting cycle. |
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Term
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Definition
| The categories to which various costs are charged to show the purpose for which expenditures are made. |
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