Flashcards : Business Terminology Mastery — 18 cartes

European Union, a political-economic union of European countries.

Unique Selling Point, a product's distinctive feature.

Any Other Business, for additional meeting topics.

Value Added Tax, a consumption tax on added value.

Chief Executive Officer, manages overall company operations.

Chief Financial Officer, oversees financial actions.

Management Buyout, management team acquires company assets.

Return on Investment, net profit divided by cost.

Political, Economic, Social, Technological factors.

Assess strengths, weaknesses, opportunities, threats.

Trainee Needs Analysis, identifies training requirements.

Just-in-Time, reduces inventory by synchronized production.

Research and Development, for innovation and new products.

Profit and Loss statement, summarizes revenues and expenses.

Retail Price Index, measures inflation of retail goods.

Annual Percentage Rate, total yearly borrowing cost.

Managing Director, oversees company management and strategy.

Not Applicable, indicates information not available.