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EIE-Vocabulary II

Entrepreneurship vocabulary
Creado por:
Andoni
Antes de jugar, 5 segundos para presentarte nuestra nueva App...
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INCOME TAX
A progressive tax
COMPANY TAX
A proportional tax
PROFIT
Money earned after paying costs
INCOMES
Money earned doing work
EXPENSES
Smth. that makes you spend money
BREAK-EVEN POINT
Total costs = Total revenue
PROFITS&LOSS STATEMENT
Incomes should be higher than expenses
RESPONSIBILITY
Smth. that is your job or duty
LEGAL FORM
Cooperatives pay lower taxes
FEASIBILITY ANALYSIS
To determine if an idea is profitable
SOLVENCY
To have enough money to pay what is owed
LIQUIDITY
To be able to be changed into cash
FIXED COST
A cost that doesn ́t change with prod.
VARIABLE COST
A cost that changes with production
STARTUP
A business that has just been started
SET UP
To create a company
BUSINESS ANGEL
Provides growth capital
ORGANIZATIONAL CHART
Collaborative ones are more effective
LEADERSHIP
The ability to influence others
CANVAS
Tool for describing an innovative idea
PURCHASING POWER
Available funds to make purchases
VALUE PROPOSITION
Differentiating factor
GUERRILLA MARKETING
Promote products unconventionally
VALUE CHAIN
Interlinked value-adding activities
ENTREPRENEUR
Someone who exercises initiative
INSURANCE
Risk-transfer mechanism to ensure loss
ROYALTIES
Fee paid for using an int. property
RENT
Money paid by a lessee
RAW MATERIAL
Any material before processed for use
ASSET
Smth. valuable that an entity owns.
AMORTIZATION
To reduce a debt paying reg. amounts
DEPRECIATION
The process of losing value
WAGES
Money earned by an employee
PUBLIC UTILITIES
e.g. Water, Energy, waste disposal
CLAIM
Attributes of a prod. announced via MK
EMPLOYEE
Person who is paid to work for others
INCOME TAX
A progressive tax
COMPANY TAX
A proportional tax
PROFIT
Money earned after paying costs
INCOMES
Money earned doing work
EXPENSES
Smth. that makes you spend money
BREAK-EVEN POINT
Total costs = Total revenue
PROFITS&LOSS STATEMENT
Incomes should be higher than expenses
RESPONSIBILITY
Smth. that is your job or duty
LEGAL FORM
Cooperatives pay lower taxes
FEASIBILITY ANALYSIS
To determine if an idea is profitable
SOLVENCY
To have enough money to pay what is owed
LIQUIDITY
To be able to be changed into cash
FIXED COST
A cost that doesn ́t change with prod.
VARIABLE COST
A cost that changes with production
STARTUP
A business that has just been started
SET UP
To create a company
BUSINESS ANGEL
Provides growth capital
ORGANIZATIONAL CHART
Collaborative ones are more effective
LEADERSHIP
The ability to influence others
CANVAS
Tool for describing an innovative idea
PURCHASING POWER
Available funds to make purchases
VALUE PROPOSITION
Differentiating factor
GUERRILLA MARKETING
Promote products unconventionally
VALUE CHAIN
Interlinked value-adding activities
ENTREPRENEUR
Someone who exercises initiative
INSURANCE
Risk-transfer mechanism to ensure loss
ROYALTIES
Fee paid for using an int. property
RENT
Money paid by a lessee
RAW MATERIAL
Any material before processed for use
ASSET
Smth. valuable that an entity owns.
AMORTIZATION
To reduce a debt paying reg. amounts
DEPRECIATION
The process of losing value
WAGES
Money earned by an employee
PUBLIC UTILITIES
e.g. Water, Energy, waste disposal
CLAIM
Attributes of a prod. announced via MK
EMPLOYEE
Person who is paid to work for others
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