VCE BM U1 AOS3 Vocabulary

the ability to be entered, used or understood

• Accessibility

• Foot traffic

• Network

• Quality

a professional who provides advice on financial and taxation matters

• Accountant

• Solicitor

• Bookkeeper

• Business mentor

a person whose job is to record the financial transactions of a business

• Bookkeeper

• Accountant

• Director

• Solicitor

a business that has a physical store presence

• Bricks and mortar

• Clicks and mortar

• Business location

• Public listed company

the physical or non-physical place that a business operates from

• Business location

• Bricks and mortar

• Online business

• Accessibility

a plan that identifies how the business will operate to make a profit

• Business model

• Bricks and mortar

• Online business

• Social enterprise

a document that outlines a business’s goals and objectives, as well as strategies to achieve them

• Business plan

• Business model

• Business objectives

• SWOT analysis

a process that analyses how the business can achieve its goals

• Business planning tool

• SWOT analysis

• Business plan

• Business model

the specialised people, facilities or amenities that aim to help businesses successfully operate

• Business support services

• Solicitor

• Accountant

• Business mentor

man-made goods used in the production of goods and services

• Capital resources

• Labour resources

• Natural resources

• Sustainable resources