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nature of bus. 1.01
business management
| Term | Definition |
|---|---|
| accounting | the process of keeping and interpreting financial records |
| appendix | a segment added to the end of a document includes supporting information |
| balance sheet | a financial statement that captures the financial condition of the business at that particular moment |
| barrier to (market) entry | anything that blocks that way or makes it more difficult to enter a particular market |
| bottom line | net outcome |
| business model | the company's method or plan for making money |
| business plan | a company's blueprint for success; shows how the business works now and how it is intended to work in the future; the written business model |
| business structure | the company's configuration of employees for accomplishing specific business tasks; how the business is organized |
| capital investment | the amount of money the business has invested in its goods and other property |
| capital structure | the organization of the influx and outflow of the company's money , including where the money does on a regular basis; how a business pays for its operations |
| cash flow | the movement of funds into and out of a business; determine the amount cash the business has to work with at any given amount |
| cost estimate | a ball-park figure ( or guess) of how much will be spent on a given activity |
| equity | assets minus liability; also known as stockholders; (or shareholders) equity ,book value, and net worth |
| executive summary | the most important part of a company's business plan because given an overview of the entire document; used to determine whether it is because to read any further |
| finance | the process of obtaining funds and using them to achieve the goals of the business |
| financial plan | The part of a company's business plan that shows how the business has performed (or is likely to perform) financially; how a business intends to use its money |
| financial resources | all the sources of money available to a business or project |
| financing cost | Funding a business activity or project through debt, equity, or venture capital |
| fixed assets | items of value a business owns a business owns that are not expected to change building |
| funding | money available to a business from one or more sources |
| human resources | people who work to produce goods and services |
| income statement | a financial summary that shows how much money the business has made or has a lot over a period of time; also called the profit-and-loss statement |
| letter of intent | a document communicating what a person on business intends to do within (or during) a specific timeframe |
| liabilities | responsibilities of the business especially legal responsibilities |
| life cycle | the stages through which goods and services move from the time they are introduced on the market until they are taken off the market |
| management | the process of coordinating resources in order to accomplish an organization's goals |
| market analysis | a systematic study of the market |
| market position | the rank of a particular business in a specific market |
| marketing | an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customers relations in ways that benefit the organization and stakeholders |
| marketing plan | |
| niche | |
| operations | |
| physical resources | |
| product | |
| product development | |
| physical promotion | |
| profit | |
| resources | |
| return on equity | |
| return on investment | |
| risk management plan | |
| royalties | |
| sales volume | |
| strategic plan | |
| strategy | |
| table of contents | |
| target marketing | |
| third-party agreement | |
| venture |
Created by:
melina.n499
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