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301 Key Term
Business Activities
| Question | Answer |
|---|---|
| Someone who provides startup money to a new business | Angel Investor |
| Anything of value that a business or individual owns | Asset |
| A piece of paper (whether real or virtual) that says a governing body or corporation will an investors money at a particular interest rate for a particular period of time | Bond |
| An organized effort to produce and/or distribute goods and services | Business |
| The arrangement by which business and individuals can purchase now and pay later | Credit |
| The score assign to a barrower based on previous loans | Credit rating |
| A virtual storage unit for information | Database |
| Money businesses or induvial owe to others | Debt |
| Assets minus liabilities also known as stockholders (or shareholders) equity book value and net worth | Equity |
| Top-level employees | Executives |
| The money that a business spends | Expenses |
| The process of planning maintain monitoring controlling and reporting the use of financial resources | Financial analysis |
| Documents contain information related to the amount of money going into and out of a business | Financial records |
| Funding a business activity or project through debt equity or venture capital | Financing |
| A business whose overall purpose is to earn profit | For-profit business |
| An objective or want that you plan to fulfill | Goal |
| People who work to produce goods and services | Human Resources |
| The process of planning staffing leading and organizing the employees of the business | Human Resources management |
| The money received by resource owners and producers for supplying goods and services to consumers | Income |
| The process of accessing processing maintaining evaluating and disseminating business to knowledge facts or data | Information management |
| The reward or cost of lending or borrowing money usually figured as a percentage of the amount | Interest |
| The process of supervising and controlling the number of finished products a company has in stock | Inventory management |
| The official statement of job duties and employee must perform | Job description |
| A sum of money lent to a business or an individual for a specific time period that is repayable with interest | Loan |
| An individual whose job involves planning organizing staffing directing and controlling for a business for a business | Manager |
| Changing the shapes or forms of materials so that they will be useful to consumers | Manufacturing |
| The process of creating communicating delivering and exchanging offerings that have value for customers clients partners and society at large | Marketing |
| Two individual business that combine to form one organization | Merger |
| A brief summary of what a business owner wants a business to be doing | Mission |
| A business or organization whose intent is to make enough money to support its mission | Nonprofit business |
| Producing goods in foreign countries | Offshoring |
| The process of acquiring the goods and services necessary to keep production going and to accomplish business goals | |
Created by:
carlos.r428
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