Marketing and Sales - Madame Tussauds
Marketing and Sales - Madame Tussauds
Marketing and Sales - Madame Tussauds
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Matching exercise: Answers<br />
Definition<br />
The difference between total revenue from sales<br />
<strong>and</strong> the total cost of purchases or materials.<br />
These are costs that are paid by the business at<br />
the beginning to start up the business.<br />
The amount of business done by a company<br />
during a specified period.<br />
These are costs that are paid by the business for<br />
the day to day running of the business.<br />
The exchange of goods or services for an agreed<br />
sum of money.<br />
Gross profit minus all operating expenses such<br />
as wages <strong>and</strong> overheads.<br />
What am I<br />
Gross profit<br />
Start-up costs<br />
Turnover<br />
Running costs<br />
<strong>Sales</strong><br />
Net profit