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Unit 6 Business
Unit 6 Business words definitions
| Question | Answer |
|---|---|
| Administration Definition. | the management of any office, business, or organization. |
| Business Definition. | an occupation, profession, or trade |
| Consumer definition. | a person who gets or uses goods or services |
| Efficiency definition. | accomplishment of completing a job with minimum use of time and effort |
| Entrepreneurship definition. | the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits |
| Evaluate definition. | to judge or determine the significance, worth, or quality of |
| Industry definition. | manufacturing, producing, or providing in a particular area |
| Marketing definition. | all activities involved in transfer of goods from producer to consumer |
| Producer definition. | person who creates or provides a good or service |
| Profits definition. | monetary gain through business |
| Spreadsheet definition. | worksheet that contains analysis of related entries created for easy reference on a single sheet |
| Strategy definition. | plan or method for obtaining a specific goal or result |
| Business plan definition. | a detailed plan setting out the objectives of a business, the strategy and tactics planned to achieve them, and the expected profits, usually over a period of three to ten years |