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3.01 vocabulary

Business Activities

TermDefinition
goals objectives that business will achieve
business for profit operates to make money
financial analysis the process of planning, maintain monitoring ,controlling, reporting
mission makes money to fulfill financial goals
debt taking out loans that require principal and interest repayment over time
angel investors long term growth
overhead takes to run the business
debt money owned
bonds somewhat like taking out loans
Equity what the business owns or controls minus debt
accounting keeping accurate and useful financial records
expenses the cost required for something or the money spent on something.
income money received
Human resources management looks after the hiring, management and firing of staff
supervisors foreman, boss, overseer, etc...
managers a professional who takes a leadership role in an organization and manages a team of employees
executives a person with senior managerial responsibility in a business organization.
Recruiting the right person for the job
Orienting looking at employees performance and there compensation
Information management is the process of knowledge, facts, or data
database stored electronically in a computer system or some type of system
technology used to manage information
Marketing the process of creating, have value for customers/clients
credit money you can borrow
Operations day-to-day activities required
manufacturing makes the good
Quality control meets predetermined standard
Purchasing business acquiring the goods and services
Inventory management overseeing and controlling
Created by: melina.n499
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