Glossary - F
From Entrepedia: The Entrepreneurship Wiki
- Financial Year
- See Fiscal Year.
- First-mover Advantage
- The advantage that can be gained by the first business to occupy a market. (Wikipedia article on First-mover Advantage)
- Fiscal Year
- The period businesses use for calculating their annual financial statements. (Wikipedia article on Fiscal Year)
- Five Forces Model
- A model explaining the 5 forces which determine how competitive a market is. (Wikipedia article on Porter 5 forces analysis)
- Fixed Asset
- An asset which is not liquid (e.g. it cannot easily be converted into cash). (Wikipedia article on Fixed Asset)
- Fixed Cost
- Costs independent of the volume of a product produced or sold. (Wikipedia article on Fixed Cost)
- Fixed Liability
- See Long Term Liability.
- Focus Group
- A session in which a group of people are asked about their feelings or attitudes towards a particular product or concept. (Wikipedia article on Focus Group)
- Frequency Marketing
- See Loyalty Marketing.
- Front-end
- The user interface of a system or web site. (Wikipedia article on Front-end and Back-end)
- Full Cost Accounting (FCA)
- A type of accounting in which the full costs of each alternative are considered when making a decision. (Wikipedia article on Full Cost Accounting)
- Future Value
- The projected nominal value of a sum of money at a given point in the future. (Wikipedia article on Future Value)
Glossary Index
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The glossary is here to give you concise definitions of the terms used on the site. Where possible a link to a longer article on Wikipedia is included to give you more information.
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