Margin of safety The difference between your actual output and your BEP Delaying payment to suppliers A method to improve negative cashflow Goods received note Financial document sent by the buyer once the goods have been received. Variable cost A cost which changes in relation to output Growth Stage of the Product Life Cycle Purchase order Document used to confirm an order Adverse budget variance Budgeted costs = £1,200 Actual costs = £1,500 Pop-up advert Example of digital marketing Trade shows Below the line promotion Niche market Targeting a smaller segment of a larger market Price skimming Setting a high initial price, then lowering over time Psychographic segmentation Targeting a customer based on their attitudes and values Net cash flow Cash inflows - cash outflows Price penetration Set a lower initial price, then gradually increase it. Payment remittance Financial document stating that an invoice has been paid. TV advertising Above the line promotion Fixed cost Rent is an example of this... Current ratio CA / CL Age Demographic variable Net current assets Current assets - current liabilities Break Even point FC / (SP - VC) Net profit margin Net Profit / Revenue x 100 = ? Favourable budget variance Budgeted sales = £600 Actual sales = £1,000 Start- up costs Resources that are purchased before a business can begin operating Gross profit Revenue - Cost of Sales = ? Margin of safety The difference between your actual output and your BEP Delaying payment to suppliers A method to improve negative cashflow Goods received note Financial document sent by the buyer once the goods have been received. Variable cost A cost which changes in relation to output Growth Stage of the Product Life Cycle Purchase order Document used to confirm an order Adverse budget variance Budgeted costs = £1,200 Actual costs = £1,500 Pop-up advert Example of digital marketing Trade shows Below the line promotion Niche market Targeting a smaller segment of a larger market Price skimming Setting a high initial price, then lowering over time Psychographic segmentation Targeting a customer based on their attitudes and values Net cash flow Cash inflows - cash outflows Price penetration Set a lower initial price, then gradually increase it. Payment remittance Financial document stating that an invoice has been paid. TV advertising Above the line promotion Fixed cost Rent is an example of this... Current ratio CA / CL Age Demographic variable Net current assets Current assets - current liabilities Break Even point FC / (SP - VC) Net profit margin Net Profit / Revenue x 100 = ? Favourable budget variance Budgeted sales = £600 Actual sales = £1,000 Start- up costs Resources that are purchased before a business can begin operating Gross profit Revenue - Cost of Sales = ?
(Print)
The difference between your actual output and your BEP
A method to improve negative cashflow
Financial document sent by the buyer once the goods have been received.
A cost which changes in relation to output
Stage of the Product Life Cycle
Document used to confirm an order
Budgeted costs = £1,200 Actual costs = £1,500
Example of digital marketing
Below the line promotion
Targeting a smaller segment of a larger market
Setting a high initial price, then lowering over time
Targeting a customer based on their attitudes and values
Cash inflows - cash outflows
Set a lower initial price, then gradually increase it.
Financial document stating that an invoice has been paid.
Above the line promotion
Rent is an example of this...
CA / CL
Demographic variable
Current assets - current liabilities
FC / (SP - VC)
Net Profit / Revenue x 100 = ?
Budgeted sales = £600 Actual sales = £1,000
Resources that are purchased before a business can begin operating
Revenue - Cost of Sales = ?
