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3.01 Vocabulary

Business Activitys

TermDefinition
Goals Aimed objectives
Missions goals for operations
business for profit Business working to make money
nonprofit business Businesses working for a cause (charities)
resources Things needed to make a product or a service
business activities actions that are taken to reach financial goals
profits Money made after subtracting expenses from income
production The act of putting raw goods through labor and coming out with a new product
Financial analysis Process of planning and controlling the use of financial resources
overhead Having ________ expenses that are exaggeratingly over income
financing Providing funds for purchases or expenses needed
angel investors Investors that look for long term growth in risky investments
debt Money owed
bonds Documents held promising to be paid back with a fixed interest rate
loans
interest
Equity
assets
accounting
financial records
expenses
income
Human resources management
human resources
supervisors
managers
executives
Recruiting
Orienting
Information management
database
technology
Marketing
credit
Operations
Manufacturing
Quality Control
Purchasing
Inventory management
Strategic management
Vision
Strategies
Tactics
Credit rating
Job descriptions
Merger
Outsourcing
Virtual Service
Created by: David.a728
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