Language in Financial Viability

Ngāi Tahu

• Guardian or protector, reflecting the business's responsibility to the environment.
• The Māori iwi (tribe) that owns the business.
• The difference between revenue and COGS.
• Identifying and considering the interests of various stakeholders.

Pounamu

• The Māori iwi (tribe) that owns the business.
• The difference between revenue and COGS.
• Greenstone or jade, the primary product.
• Skilled craftsmen who create the pounamu carvings.

Kaitiaki

• Determining the sales volume needed to cover costs and start making a profit.
• Guardian or protector, reflecting the business's responsibility to the environment.
• A financial report showing the business's revenue, expenses, and profit.
• Strategies to promote pounamu carvings to customers.

Iwi

• Determining the sales volume needed to cover costs and start making a profit.
• The business's ability to generate profits.
• Māori tribe.
• The difference between revenue and COGS.

Kaitiakitanga

• Strategies to promote pounamu carvings to customers.
• A key focus of the business, ensuring that its activities protect the environment and support the community.
• The overall profit after deducting all expenses.
• The difference between expected sales and the break-even point, indicating the cushion available to absorb losses.

Mauri

• The overall profit after deducting all expenses.
• Greenstone or jade, the primary product.
• Skilled craftsmen who create the pounamu carvings.
• The life force or spiritual essence, often associated with the well-being of individuals, communities, and the environment.

Mana

• Strategies to promote pounamu carvings to customers.
• Prestige, authority, or influence, often related to a person's or group's standing within a community.
• Payments made to shareholders from the company's profits.
• Revenue generated from selling pounamu carvings.

Artisans

• Skilled craftsmen who create the pounamu carvings.
• Greenstone or jade, the primary product.
• Strategies for managing employees and ensuring their well-being.
• The difference between expected sales and the break-even point, indicating the cushion available to absorb losses.

Marketing

• Strategies to promote pounamu carvings to customers.
• Māori tribe.
• The direct costs associated with buying pounamu carvings from artisans.
• Payments made to shareholders from the company's profits.

Sales

• The business's ability to generate profits.
• Revenue generated from selling pounamu carvings.
• The plan for promoting pounamu carvings.
• A financial report showing the business's revenue, expenses, and profit.