Across
- 3. A company's debts or financial obligations incurred during business operations. Current liabilities are those debts that are payable within a year, such as a debt to suppliers. Long-term liabilities are typically payable over a period of time greater than one year
- 5. Rate An exchange rate is the price of a nation's currency in terms of another currency. Thus, an exchange rate has two components, the domestic currency and a foreign currency, and can be quoted either directly or indirectly.
- 8. of directors A board of directors (B of D) is a group of individuals that are elected as, or elected to act as, representatives of the stockholders to establish corporate management related policies and to make decisions on major company issues.
- 9. An industry is a classification that refers to groups of companies that are related based on their primary business activities.
- 10. - The formal decision making process used when considering the economic feasibility of implementing information security controls and safeguards
- 12. money buying and selling
- 15. Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest. Credit also refers to an accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet.
- 16. An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit.
- 18. A budget is a financial plan for the future concerning the revenues and costs of a business. However, a budget is about much more than just financial numbers. Budgetary control is the process by which financial control is exercised within an organisation.
- 19. The debut of a product into the market. The product launch signifies the point at which consumers first have access to a new product.
Down
- 1. A loan for equipment, real estate and working capital that's paid off like a mortgage for between one year and ten years . Term loans are your basic vanilla commercial loan. They typically carry fixed interest rates, and monthly or quarterly repayment schedules and include a set maturity date.
- 2. Two main classes of investment are (1) Fixed income investment such as bonds, fixed deposits, preference shares, and (2) Variable income investment such as business ownership (equities), or property ownership. In economics, investment means creation of capital or goods capable of producing other goods or services
- 4. Grants are non-repayable funds or products disbursed or gifted by one party (grantmakers), often a government department, corporation, foundation or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual.
- 5. equity is one of those words in property investment that is bandied about by many yet understood by relatively few. For small business owners, the definition of equity is simple: It is the difference between what your business is worth (your assets) minus what you owe on it (your debts and liabilities)
- 6. Capital is the money or wealth needed to produce goods and services. In the most basic terms, it is money. All businesses must have capital in order to purchase assets and maintain their operations. Business capital comes in two main forms: debt and equity.
- 7. Middle ground in decision making, between total assets and total disagreement. Consensus depends on participants having shared values and goals, and on having broad agreement on specific issues and overall direction. Consensus implies that everyone accepts and supports the decision, and understands the reasons for making it. See also collective responsibility.
- 11. A monetary payment made to an employee over and above their standard salary or compensation package . ... Bonuses are usually determined as a percentage of annual salary, though giving all employees the same monetary bonus is also an option. Much depends on your corporate philosophy and goals.
- 13. Service Department Customer service is the process of ensuring customer satisfaction with a product or service. Often, customer service takes place while performing a transaction for the customer, such as making a sale or returning an item. Customer service can take the form of an in-person interaction, a phone call, self-service systems, or by other means.
- 14. - the right to take another's property if an obligation is not discharged
- 17. Resources Typical services include: Payroll administration, including produce checks, handling taxes, and dealing with sick time and vacation time. Employee benefits, including health, medical and life insurance, 401(k) plans and cafeteria plans. HR management, including recruiting, hiring and firing.