Here are some key terms that are commonly used in the world of business:
Revenue: The total amount of money earned by a business through sales or other activities.
Profit: The amount of money that remains after all expenses have been paid.
Gross profit: The difference between revenue and the cost of goods sold.
Net profit: The amount of profit left after all expenses, including taxes, have been paid.
Cash flow: The amount of cash that flows into and out of a business over a specific period of time.
Assets: Items that a business owns and that have value, such as cash, equipment, and property.
Liabilities: Debts and other financial obligations that a business owes to others.
Equity : The portion of a business's assets that is owned by its shareholders.
Return on investment (ROI): A measure of how much profit is generated by an investment relative to its cost.
Market share: The percentage of total sales within a specific market that a business controls.
Gross domestic product (GDP): The total value of goods and services produced by a country over a specific period of time.
Balance sheet: A financial statement that shows a business's assets, liabilities, and equity at a specific point in time.
Income statement: A financial statement that shows a business's revenue, expenses, and profit or loss over a specific period of time.
Break-even point: The point at which a business's revenue equals its total costs, resulting in zero profit or loss.
Marketing: The process of promoting and selling products or services to customers.
0 Comments