Unit 13 Business, commercial and fiancial awareness

Front

What is the term for a customer who owes your company money?

Back

Debtor

Front

What is it called when a company keeps some money back from its turnover to save for future use?

Back

Capital

Front

A customer lives two miles from your company headquarters, what type of customer are they?

Back

Local customer

Front

The acronym TIMWOOD is used to describe ways of avoiding what?

Back

Waste

Front

In the acronym TIMWOOD, the W stands for what?

Back

Waiting

Front

R&D stands for?

Back

Research and development

Front

BMW make automobiles. Which of these companies is a main competitor in the automobile market? Boeing, Audi, Airbus, Lego

Back

Audi

Front

Definition of ‘demand’ from the phrase ‘supply and demand’

Back

How much of a product is wanted

Front

A legal term for someone mentioned in a contract is a:

Back

Party

Front

A company is seeking a new supplier of drive belts. They could put this out for what?

Back

Tender