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3.01 vocab
Business Activities
| Term | Definition |
|---|---|
| Goal | Making sure your customers or anyone is satisfied |
| Mission | Aiming for something |
| Business For profit | Making money to fulfill financial goals |
| Nonprofit Business | Makes money to fulfill a specific mission or undertaking |
| Resources | produce/goods, market/sell |
| Business activities | Financial analysis, human resources management, information management, marketing, operations, and strategic management |
| Profits | to reach financial goods |
| Production | Manufacturing |
| Financial Analysis | The process of planning, maintaining, controlling, and reporting the use of financial resources |
| Overhead | Ongoing business expenses that cannot be directly attributed to a specific activity |
| Financing | The systems of creating, circulating, and managing money |
| Angel Investors | Investors looking for long-term growth in return for their risky investments |
| Debt | Having to pay back someone |
| Bonds | A type of security under which the issuer owes a holder a debt |
| Loans | Borrowing money from the bank |
| Interest | Payment from a borrower |
| Equity | What the business owns or controls minus debt |
| Assets | When business sell shares of stock, company real estate |
| Accounting | Keeping accurate and useful financial records |
| Financial Records | Documents that provide evidence of or summarize business transactions |
| Expenses | Cost |
| Income | How much you earn from a market |
| Human Resources Management | The process of planning, staffing, leading, and organizing employees |
| Human Resources | a team of people working |
| Supervisors | The people that spectate |
| Managers | Staff by recruiting, selecting, orienting, and training employees |
| Executives | Above of all the managers and supervisors and managers |
| Recruiting | Finding people and hiring them |
| Orienting | To make or adapt someone or something |
| Information Management | The process of accessing, processing, maintaining, evaluating , and disseminating business knowledge, facts or data |
| Database | Organized collection of structured information , or data |
| Technology | Like phones and computers |
| Marketing | The process of creating, communicating, delivering, and exchanging offerings that have values for customers, clients, partners, and society at large |
| Credit | like points |
| Operations | The day- to - day activities required for continued business functioning. |
| Manufacturing | |
| Quality Control | |
| Purchasing | |
| Inventory Management | |
| Strategic Management | |
| Vision | |
| Strategies | |
| Tactics | |
| Revenues | |
| Credit Rating | |
| Job Descriptions | |
| Merger | |
| A streaming device |
Created by:
milly.h937
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