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Unit 6 Business

Vocabulary

TermDefinition
Administration the management of any office, business, or organization
Business an occupation, profession, or trade
Business plan 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
Consumer a person who gets or uses goods or services
Efficiency accomplishment of completing a job with minimum use of time and effort
Entrepreneurship the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits
Evaluate to judge or determine the significance, worth, or quality of
Industry manufacturing, producing, or providing in a particular area
Marketing all activities involved in transfer of goods from producer to consumer
Producer person who creates or provides a good or service
Profits monetary gain through business
Spreadsheet worksheet that contains analysis of related entries created for easy reference on a single sheet
Created by: 1016300