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Business Managment Flashcards on Untitled, created by jacqueline.joann9818 on 28/03/2014.
jacqueline.joann9818
Flashcards by jacqueline.joann9818, updated more than 1 year ago
jacqueline.joann9818
Created by jacqueline.joann9818 over 10 years ago
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Resource summary

Question Answer
Organisation Two or more people who work together towards a common goal or objective
Revenue What a business earns in a way of sales and fees
Assests Items monetary value owned by a business
Market Share The percentage of total sales in a market held by one brand or business
Gross Domestic Product Total value of output produced in a country in one year
Industry Sector Different types of organisations and enterprises producing goods and services in the same industry or business area
Mission Statement A global statement that reflects an organisation’s reason for being or purpose and the way it will be managed
Vision Statement A statement that outlines the aspirations of the organisations
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