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BE 205
Business Essentials
| Term | Definition |
|---|---|
| cost of goods | the amount of moneya business pays for the produces it sells or for the raw materials for which it produces goods to sell; the amount of money a business pays for the products it sells |
| creditor | individuals or businesss to whom a business owes money or form him it wsnt |
| demand | |
| economy | |
| expenses | The money that a business spends |
| gross profit | |
| income | |
| net profit | |
| operating expenses | |
| pricing | |
| profit moves | |
| resorces | |
| risk | the possibilty of loss or failure |
| suppliers | |
| taxes |