Rest important definitions Flashcards
SWOT analysis
strengths, weaknesses, opportunities, and threats
- KPI (Key Performance Indicator)
KPIs are measurable values that indicate the success of an organization in achieving its key business objectives
Define Supply Chain Management.
Answer: Supply Chain Management optimizes activities related to the production and delivery of goods or services for enhanced efficiency.
- CPI (Consumer Price Index)
measures inflation/deflation
What´s the SEC?
The SEC is a regulatory agency overseeing the securities industry, enforcing securities laws, and protecting investors
- Economies of Scale?
Economies of scale refer to cost advantages that a business gains as its production levels increase, leading to lower average costs per unit of output.
What are Corporate bonds?
Corporate bonds are debt securities issued by corporations to raise capital. Investors purchase these bonds, and in return, they receive periodic interest payments and the return of the principal upon maturity
- Triple Bottom Line?
The Triple Bottom Line is a business approach that considers three dimensions of performance: economic (profit), social (people), and environmental (planet). It emphasizes sustainability and corporate responsibility
- IFRS
International Financial Reporting Standards
What is the definition of accounting?
Accounting is the systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization, enabling stakeholders to make informed decisions about its financial health and performance.
What does auditing mean?
Auditing is the independent examination of financial information, systems, and processes to ensure accuracy, reliability, and compliance with relevant standards and regulations.
What´s financial reporting
Financial reporting is the process of presenting the financial performance and position of a business or organization to external stakeholders. It involves the preparation and dissemination of financial statements, including the balance sheet, income statement, and cash flow statement, to provide a comprehensive overview of the entity’s financial health and results of operations.
What does CFO stand for?
CFO stands for Chief Financial Officer. A CFO is a senior executive responsible for managing an organization’s financial actions, including financial planning, budgeting, reporting, and strategic decision-making to ensure long-term financial success.
In the UK a private company is recognized by the abbreviation:
in the US:
Ltd
LLC
What does Redemption of Debentures mean
to repay/buy back debentures
