Business Keywords And Definitions Gcse

A business goals that relate to fair treatment of the people concerned.

Business keywords and definitions gcse. Gcse business studies unit 1 keywords and definitions unit 1 3 putting a business idea into practice financial objectives targets expressed in money terms such as making a profit earning income or building wealth. Ways of obtaining the funds the business needs. A balance of supply and demand the point where both sellers and buyers are happy with the price and quantity.

An organization of workers formed for the purpose of serving the members interests with respect to wages and working conditions labour market. How much it would cost to run the business e g. Handy definitions of financial and economic jargon from libor and quantitave easing to black swans and dead cat bounces.

Unit 3 3 business studies key words. Home gcse study tools business studies business key words. Customers investors suppliers or workers.

Tue 26 nov 2013 18 00 est. Gcse business studies unit 3 keywords and definitions fixed costs costs which do not vary with the amount produced such as rent business rates advertising costs administration costs and salaries variable costs costs which change directly with the number of products made by a business such as the cost of buying raw materials. The new gcse specifications are renowned for being knowledge rich and the edexcel gcse 9 1 business specification is no exception.

Tes global ltd is registered in england company no 02017289 with its registered office at 26 red lion square london wc1r 4hq. Provides products for customers. Glossary of business terms a to z.

From aesthetics to wants this pdf download has all the key terms each with a concise definition. Home gcse study tools business studies unit 3 3 business studies key words. Determination the drive to succeed in business.