Quiz-Busters - Definitions for BUSS1

Definitions for BUSS1

Various BUSS1 Definitions - Ideal for revision.
What A is a process to increase the price a consumer would pay for a product?. What B is when a business makes neither a profit or a loss?. What B refers to forward financial plans for income, expenditure and profit?. What B refers to what goals a business needs to achieve to achieve its Aims?. What C refers ts the actual inflows and outflows of money in and out of the business?. What C is planned future financial documentation?. What E is someone who takes a risk and organizes a business venture?. What F is a cost that does not vary with output?. What F is a legal agreement to use another Company's Business Model?. What I can protect owners personal assets?. What L is termination of a business operation by using its assets to discharge its liabilities?. What L is the temporary provision of money, usually with interest?. What M is a term used to indicate the increase in potential sales?. What M compares the amount of sales a business has in comparison to others?. What O is the next-best alternative foregone?. What O is the excess over a credit balance?. What P is revenue minus all costs?. What Q looks at the motives behind consumer behaviour?. What Q refers to numerical research?. What R is when each member of the population has an equal chance of being selected?.