BUSINESS STUDIES Essays - Free Essays, Term Papers, Research Papers

BUSINESS STUDIES Essays - Free Essays, Term Papers, Research Papers BUSINESS STUDIES GLOSSARY A long time 10 AND 11 NAME ..................................... | |A | | | |Above the line |Methods of advancement that permit a firm to reach | | |a wide crowd without any problem. These incorporate strategies | | |such as publicizing on TV and in | | |newspapers and magazines. | | |ACAS (Advisory, |An autonomous body set up under the | |Conciliation and |Employment Protection Act whose point is to help | |Arbitration |employers and workers settle exchange questions | |Service) |and improve modern relations. | | |Accounting ratios|A method of investigating the presentation of an organization | | |by contrasting key things from its accounting report | | |and the benefit and misfortune account. These are used| | |to show execution in four zones: | | |profitability, liquidity, efficiency and | | |investment. | | |Advertising is intended to make a mindfulness | | |of an item. It is the way toward educating a | | |customer about an item or administration (informative| | |advertising) and convincing that client to buy| | |it (convincing promoting). | | |Advertising |A deliberate body set up by the UK promoting | |Standards |industry to consider protests made by | |Authority (ASA) |customers about ads. It expects a | | |advert to be legitimate, better than average, fair and valid. | | |Annual reward |A fixed sum notwithstanding a fundamental pay or | | |salary, which representatives get once every year, | | |often at Christmas. This reward installment | | |motivates representatives and urges devotion to | | |the business. | | |Annual General |The legal gathering of executives and | |Meeting (AGM) |shareholders held once every year. The shareholders| | |are requested to decide on different proposition that the | | |board of executives is making about the organization, | | |but can likewise ask the executives inquiries about | | |the business. Investors may likewise choose | | |members of the governing body. | | |Annual report. |A report gave by a constrained organization, which | | |contains composed and budget summaries about | | |the progress of the organization in the past | | |financial year. This is to guarantee that the | | |shareholders get some data on a | | |annual premise. | | |Apprenticeship |A arrangement of hands on preparing for create skills| | |or a calling where youngsters are given | | |training by working close by a talented specialist. | | |Assets |What an organization claims spoke to in a critical position | | |sheet. Fixed resources are long haul resources, which| | |are for use in the business and not for resale. | | |Current resources are utilized throughout the | | |business and will be changed over into money inside | | |the next a year. | | |Assisted territories |Specific land zones of the UK, which are| | |eligible to get budgetary help. The | | |government has distinguished these zones by above | | |average joblessness rates brought about by the decline| | |in conventional ventures, for example, transport building,| | |coal mining and steel creation. | | |Authority |The ability to provide orders which others | | |accept as genuine in an association. | | |Autocratic |A style of authority where the force for making| |leadership |decisions is in the hands of one individual or a | | |small gathering of individuals. This is something contrary to | | |democratic initiative. | | |Average cost |Also called unit cost. The all out expenses of | | |producing an item partitioned by the quantity of | | |units created. Over a brief timeframe it | | |is anticipated that as yield expands, normal | | |costs will tumble to begin with and afterward rise | | |again as the processing plant moves towards full | | |capacity. See economies/diseconomies of scale | | |B | | | |Balance of |A record of the general consequences of a nation's | |payments |trading movement with the remainder of the world. It| | |includes imports and fares of products and | | |services and capital streams into and out of the | | |country. | | |Balance sheet |One of the last records. It shows the benefits | | |and liabilities of the business at a specific | | |date. It is regularly called a 'preview' of the | | |financial condition of the business. | | |Bank of England |The national bank of the UK. It controls the | | |money gracefully, loan fees and expansion. | | |Bankruptcy |The state of being not able to meet the