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3.01 vocabualry
Business activities
| Term | Definition |
|---|---|
| Goal | something to achieve |
| mission | assignment or goal of a company |
| A business | An organized effort to produce and distribute goods and services |
| A business for profit | makes money for financial goals |
| Nonprofit | makes money for a specific goal |
| resources | produce/ provide goods and services |
| business activities | actions taken by businesses to generate profits or to reach financial goals |
| profits | financial gain / earning |
| production | manufacture, product |
| financial analysis | planning, controlling, maintaining |
| overhead | expenses occurred by business for producing a product, electrical bill, paying employees |
| financing | funding, pay for it |
| angel investors | provides financial backing for small startups or entrepreneurs |
| debt | owing money |
| bonds | a loan taken out by a company |
| loans | money given in exchange to repayment and interest |
| interest | the price you pay to borrow money or the cost you charge to lend money |
| equity | what the business owns or or controls m in us debt |
| accounting | keeping accurarecte and useful financial records |
| financial records | a summary of a business transactions |
| expenses | a fee or price |
| income | your earnings or pay |
| Human resources management | planning, staffing and leading( dealing with employees) |
| human resources | responsible for all things work related |
| supervisors | a person that supervises another |
| manager | a person in charge of activities , tactics, and training for a business |
| executive | having the action to put rules, plans and action into effect (in control the principle, or boss ) |
| recruiting | selecting the right person for the job |
| orienting | training employees in policy and procedures |
| information management | accessing, ,processing, maintaining, or evaluating business( facts or data ) |
| database | an organized collection of information . or data. mostly stored on a computer |
| technology | machinery / equipment developed from the application of scientific knowledge |
| marketing | the process creating, communicating, delivering , and exchanging offerings that have value for customers |
| credit | money you can borrow |
| operations | the day to day activities required for continued business functioning |
| manufacturing | to make a product suitable for use |
| quality control | ensuring that the product meets predetermined standards |
| purchasing | a business acquiring the goods and services it needs to keep production going and to accomplish its business goals. |
Created by:
lexus.r470
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