Cie igcse business/economics mega-thread Watch
So I belive they are quite a few of CIE exam takers in these subjects, so I designed this thread so we can all co-operate and receive good grades. If you need help I can ask my father(CEO) or we just figure it out. I have a CD with diagrams and mind maps if you need it.
The Thread is officially OPEN!
Absenteeism: worker's non-attendance at work without a good reason
Acid test ratio: the ratio between liquid assets and current liabilities
Adding value: Selling a product for more than it cost to produce
Advertising: This is paid-for communicate that uses printed and visual media to inform and persuade consumers to buy the product
Annual General Meeting(AGM): A meeting for shareholders that limited companies must hold once a year.
Appreciation: A currency is said to appreciate if the value of the currency rises in relation to another.
Appropriation account: records the distribution of profit after tax(dividend and retained profits)
Assets: Resources that are owned by a business
Autocratic leadership: a leadership style where the leader makes all the decisions
Average costs : cost of producing a single unit of output