Money Matters

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Last updated 4:41 AM on 6/7/26
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19 Terms

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Shareholder

An individual or legal entity that is registered by the corporation as the legal owner of shares or the owner of shares in a public or private corporation.

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Profit

Profit is the financial gain when the total amount of revenue earned exceeds the expenses, costs, and taxes.

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Revenue

The total amount of money a business earns from the sale of its goods or services before any expenses are deducted.

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Industry

A group of businesses that produce similar goods or services.

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Business Sector

a group of businesses that share similar characteristics of business activities.

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Small Business

Local and independently owned employing 6-20 employees

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Large Business

National or international businesses owned by thousands on public shareholders employing 200 or more employees

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Medium Business

Regional business owned by a few people or shareholders employing 20-199 employees.

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For-profit businesses

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Not-for-profit businesses

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Stakeholders

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Business objectives

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Competitive advantage

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Cost advantage

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Differentiation

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