Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how


Business flashcards

Value Output Market Value of all goods and services produced in a year.
Gross Domestic Product (GDP) Total value of goods produced, and services provided in a country for one year.
Trends Gradual change in a process, output, or condition.
Market Size Total number of likely buyers of your product or service within a given market.
Direct Competitors Two or more businesses offer the same product or service and compete for the same market
Indirect Competitors A product that is in a different category altogether, but which is seen as an alternative purchase choice.
Suppliers A business or person that make goods available to another business or service.
Distributors An entity that buys noncompeting products and sells them directly to end users or customers.
Supply Chain The activities required by the organization to deliver goods or services to the consumer.
Companies House A government body that stores information on all the limited companies and limited liability partnerships registered in the UK
Sole Trader Simple business structure in which one individual run and owns the entire business.
Partnership A business owned by two or more people.
Limited Company A type of business structure where the company has a legal identity of its own, separate from its owners and its managers.
Not for Profit Does not earn profit for its owners. All money earned through pursuing business activities or through donations goes right back into running the organization.
Charity An organization with specific purposes defined in law to be charitable and is exclusively for public benefit
Public Sector A business that provides goods and services for the benefit of the community.
Director An elected individual who, along with other directors, is responsible for a company's corporate policy.
Sub-Contractor A business or a person that undertakes work for a company as part of a larger project.
Budgets A spending plan for your business based on your income and expenses.
VAT Value Added Tax and is a general tax placed on almost all goods and services sold.
Fixed Costs Property taxes, rent, salaries and the cost of benefits for non-sales and management personnel.
Variable Costs A corporate expense that changes in proportion to how much a company produces or sells.
Turnover Total amount of money your business receives as a result of the sales from your goods and/or services over a certain time frame.
Profit The financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question.
Created by: Shanwon
Popular Business sets




Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
restart all cards