It is a person with an interest or concern in something, especially a business.

Staff working from home but keeping in contact with the office by means of modern IT communications

The ability of a firm to be able to pay its short-term debts.

When a business buys another that is operating in the country they want to sell in.

Are costs that do not vary with the level of output in the short term.

Are groups like the owners, managers and employees.

A check on the skills and qualifications of existing employees.

Payments in cash received by a business, such as those from customers (debtors) or from the bank; e.g. receiving a loan.

When two or more companies join together to fulfill a particular contract.

Is a business term for the amount of money that a firm receives from its ordinary activities in a given period, mostly from sales of products and/or services to customers.

May be executive or non-executive ones. They are appointed by the shareholders to look after their interests.

The process of assessing the effectiveness of an employee judged against pre-set objectives.

Estimate of the firm's future cash inflows and outflows

This involves selling the right to trade under your name and logo.

A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity.

Are known to be the ones from outside the organization.

Thinking ahead and establishing the number and skills of the workforce required by the business to meet its objectives.

Current assets - current liabilities = _________

This is when a company sets up the means of producing and distributing products in an overseas market.

These are costs that are not directly related to the cost of producing an individual product.

They may be stakeholders if they are affected directly or indirectly by the actions of a firm. Local communities, for instance, may form this to prevent a firm from expanding its premises or even setting up in the first place.

A measure of how many people leave a business over a given period of time. It is usually expressed as a percentage of the total labour force

Are a share of the profits due to shareholders as a reward for purchasing shares, but have not yet been paid.

This is almost the same as franchising but now a company buys the right to physically produce your goods.

A periodic cost that varies in step with the output or the sales revenue of a company.
It includes raw materials, energy usage, labor distribution costs, etc.