buss1 4.0 / 5 based on 2 ratings ? Business StudiesrandomASAQA Created by: x12jjosephCreated on: 23-04-14 14:04 Business objective A stated goal or target of a business 1 of 6 Patent The right to be the only user of producer of a specified product or process 2 of 6 Working capital The amount of money that a business has available to conduct its day-to-day activities 3 of 6 Niche market A smaller part of a larger market in which customers have more specific needs and wants. 4 of 6 Share capital The finance invested in a business (limited company) by the shareholders – part of the equity capital of a firm 5 of 6 Cash flow forecast A projection, usually by week or month, of the likely cash inflows and outflows in a business 6 of 6
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