Business Introductary Terms

4. An action or event marking a significant change or stage in development of a business.
5. An observable and measurable end result having one or more objectives to be achieved within a fixed time-frame.
8. An investor who provides capital to start-up ventures or supports small companies that wish to expand but do not have access to public funding.
10. A financial gain, the difference between the amount earned and the amount spent in buying, operating, or producing something.
12. An establishment that focuses on dealing with financial transactions
13. A complete descriptive outline of a business.
15. The concentration of management and decision-making power at the top of an organization.
16. A desire that goes beyond basic needs; not required for survival.
18. Reducing the size of a company by eliminating workers and/or divisions within the company.

1. Relating to or aimed at a small specialized group or market.
2. Studies of a population based on factors such as age,race,economic status.
3. An individual who purchases the rights to use a company’s trademarked name and business model to do business.
4. The combining of two or more companies.
6. A huge change in direction of an industry.
7. The skills used by a person to properly interact with others.
9. A number of similar establishments under one ownership.
11. Formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals.
14. The use of historic data to determine the direction of future trends.
15. A not-for-profit co-operative financial institution that is owned and controlled by its members.
17. Financial assets or the financial value of assets, such as cash.