Word list - E.I.B Page 01 Flashcards

1
Q

Accumulation?

A

The process of gradually collecting or increasing something.

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2
Q

Achievement?

A

Something accomplished through effort or skil

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3
Q

Acquisition?

A

The act of acquiring or gaining possession of something, typically a company or asset

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4
Q

Advertisement

A

A notice promoting a product, service, or event

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5
Q

Analysis

A

Examination of data or information to understand its meaning and significance

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6
Q

Annual report

A

A comprehensive report detailing a company’s financial performance for the past year

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7
Q

Asset

A

A valuable possession owned by an individual or company

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8
Q

Associate

A

A partner, colleague, or someone who works with you, especially in business

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9
Q

Audit

A

An official inspection of financial accounts or records

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10
Q

Average

A

The sum of two or more numbers divided by the total number of values

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11
Q

Balance sheet

A

A document that lists a company’s assets, liabilities, and shareholders’ equity

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12
Q

Bankruptcy

A

The legal status of being unable to repay debts owed to creditors

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13
Q

Benchmarking

A

A process to identify best practices by comparing with industry leaders

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14
Q

Board of directors

A

A group of elected individuals representing shareholders to oversee management

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15
Q

Branding

A

The process of creating and maintaining a unique identity for a product or company

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16
Q

Break-even

A

The point at which total revenue equals total costs

17
Q
A