Glossary

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apprenticeships

Subject: 

  • Business Studies

tend to focus on technical trades, for example, technician, whereas learnerships cover all occupations.

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auditor
Subject:
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the person who evaluates and checks the financial records of companies.

minerals
Subject:
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naturally occurring solid inorganic substances such as diamonds.

short-term insurance
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insurance against events that could happen but may not, e.g. Theft.

corporate social investment
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programmes instituted by companies that aim to improve welfare and the environment.

price fixing (collusion)
Subject:
Business Studies

when producers get together to set prices.