Glossary of business and production terms meaning and definitions

 

 

 

Glossary of business and production terms meaning and definitions

 

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Glossary of business and production terms meaning and definitions

 

  • asset
  • asset-led marketing
  • autocratic leadership
  • balance sheet
  • batch production
  • brand
  • branding
  • break-even point of production
  • buffer stocks
  • capital employed
  • capital expenditure
  • capital goods
  • capital intensive
  • cash flow
  • cash inflows
  • cash-flow forecast
  • cell production
  • channel of distribution
  • closing cash balance
  • cluster sampling
  • commission
  • competition-based pricing
  • computer-aided design
  • computer-aided manufacturing
  • consumer markets
  • consumer profile
  • contribution per unit
  • contribution-cost pricing
  • corporate social responsibility
  • corporate strategy
  • cost of sales (or cost of goods sold)
  • credit control
  • creditors
  • current assets
  • current liabilities
  • current ratio
  • debtors
  • delegation
  • demand
  • democratic leadership
  • direct costs
  • diseconomies of scale
  • dismissal
  • dividends
  • economic order quantity
  • economies of scale
  • effective communication
  • effectiveness
  • efficiency
  • emotional intelligence (EI)
  • employment contract
  • entrepreneur
  • equilibrium price
  • equity finance
  • ethical code (Code of Conduct)
  • ethics
  • extension strategies
  • external growth
  • fixed costs
  • flow production
  • focus groups
  • franchise
  • globalisation
  • gross domestic product (GDP)
  • gross profit
  • human resource management (HRM)
  • hygiene factors
  • imports
  • income statement
  • indirect costs
  • induction training
  • industrial action
  • inflation
  • information technology
  • insolvent
  • intangible assets
  • integrated marketing mix
  • intellectual property
  • internal growth
  • international marketing
  • internet marketing
  • inventory (stock) turnover ratio
  • job description
  • job enrichment
  • job production
  • job re-design
  • job rotation
  • joint venture
  • just-in-time
  • labour intensive
  • labour productivity
  • labour turnover
  • laissez-faire leadership
  • lead time
  • leadership
  • leasing
  • liabilities
  • limited liability
  • liquid assets
  • liquidity
  • long-term bonds
  • long-term loans
  • management by objectives
  • manager
  • margin of safety
  • marginal costs
  • market development
  • market growth
  • market orientation
  • market penetration
  • market research
  • market segment
  • market segmentation
  • market share
  • market size
  • market skimming
  • marketing
  • marketing mix
  • marketing objectives
  • marketing plan
  • marketing strategy
  • mark-up pricing
  • mass customisation
  • mass marketing
  • merger
  • mission statement
  • mixed economy
  • monopoly
  • motivating factors (motivators)
  • motivation
  • multinational business
  • multi-site locations
  • net monthly cash flow
  • net present value (NPV)
  • net profit
  • net profit margin (%)
  • niche marketing
  • non-current assets
  • non-current liabilities
  • offshoring
  • off-the-job training
  • on-the-job training
  • open questions
  • opening cash balance
  • operating profit (net profit)
  • opportunity cost
  • organic growth
  • organisational structure
  • outflows
  • outsourcing
  • overdraft
  • overtrading
  • partnership
  • part-time employment contract
  • paternalistic leadership
  • payback period
  • penetration pricing
  • performance-related pay
  • person specification
  • personal selling
  • piece rate
  • pressure groups
  • price elasticity of demand
  • primary research
  • primary-sector business activity
  • private limited company
  • private sector
  • privatisation
  • producer (industrial) markets
  • product
  • product development
  • product differentiation
  • product life cycle
  • product orientation
  • product positioning
  • production
  • productivity
  • profit after tax
  • profit sharing
  • promotion
  • promotion mix
  • public limited company
  • public relations
  • public sector
  • public–private partnerships
  • qualitative research
  • quality circles
  • quantitative factors (business location)
  • quantitative research
  • quota sampling
  • random sampling
  • recruitment
  • re-order quantity
  • research and development
  • retained profit
  • revenue expenditure
  • rights issue
  • salary
  • sales forecasting
  • sales promotion
  • sales revenue (or sales turnover)
  • sales turnover
  • sample
  • seasonal fluctuations
  • secondary research
  • secondary-sector business activity
  • self-actualisation
  • share
  • share capital
  • share price
  • shareholder
  • shareholders’ equity
  • social enterprise
  • sole trader
  • staff appraisal
  • staff managers
  • stakeholder concept
  • stakeholders
  • start-up capital
  • stratified sampling
  • supply
  • supply chain
  • systematic sampling
  • takeover
  • tariffs
  • team working
  • temporary employment contract
  • tertiary-sector business activity
  • total quality management
  • trade barriers
  • trade union
  • training
  • trend
  • triple bottom line
  • unemployment
  • unfair dismissal
  • USP − unique selling point (or proposition)
  • variable costs
  • venture capital
  • vision statement
  • window dressing
  • worker participation
  • workforce planning
  • working capital

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