Course glossary


Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.


Browse the glossary using this index

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S

Share index

Tracks the value of shares on the exchange to demonstrate their performance.


Share options

A right to buy shares in a company in the future, at a favourable price, in addition to a regular salary if the person meets specific performance targets or predetermined criteria.


Shareholder

An owner of shares in a company.


SMEs

Small and medium-sized enterprises. A small business has fewer than 50 staff and a medium-sized business has fewer than 250 staff. Micro-businesses, with fewer than 10 staff, would also come under the term ‘SME’.


Social enterprise

Social mission driven businesses, with social and/or environmental aims, that use market-based strategies to achieve their goals. Social enterprises can be both non-profit and for-profit.


Stakeholders

Any individual or party that has an interest in or may be affected by a business and/or its activities. This can include anyone, from shareholders to residents of the local community.


Staying informed is crucial

Managing business finance is vital if you want your company to grow and expand. Want to learn more about it? Head to our Business Finance section to see articles and guides from leading experts and Workspace customers.


Supply chain

The different elements making up the process involved in producing and distributing an item or items.


Sustainability

The use of natural resources with a minimal impact on the environment; e.g. no depletion of resources. For example, a company that manufactured paper would be sustainable if it only made 100 percent recycled paper or planted a new tree for each one it cut down.