Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
301 Key Term
Business Activities
| Term | Definition |
|---|---|
| angel investor | someone who provides startup money to a new business |
| asset | Anything of value that a business or individual owns |
| bond | A piece of paper(whether real or virtual) that's says a governing body or corporation will borrow an investors money at a particular practice interest rate for a particular period of time |
| business | an organized effort to produce and/or distribute goods and services |
| Credit | The arrangement by witch business an individual can purchase now and pay later |
| credit rating | the score assigned to a borrower based on previous loans |
| Database | A virtual storage unit for information |
| debt | Money business or individuals owes others |
| equity | Assets minus liabilities; also known as stockholder'(or shareholder) equity, book value, and net worth |
| Executives | Top-level employees |
| Expenses | The money that a business pends |
| Finical analysis | the process of planning, maintaining, monitoring, controlling and reporting the use of financial recources |
| Financial records | Documents containing information related to the amount of money going into and out of business |
| Financing | Funding a business activity or project through debt, equity, or venture capital |
| For-profit business | A business whose overall purpose is to earn a profit |
| Goal | an objective or a want that u plan to fulfill |
| Human recourses | People who work to produce goods and services |
| Human resources management | The process of planning, staffing, leading, and organizing the employees of the business |
| income | The money received bye recourses owners and producers for supplying good and services to costumers |
| information management | The process of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data |
| intrest | The reward or cost of lending or borrowing money, usually figured as a percentage or the amount |
| inventory management | The process of supervising and controlling the number of finished products a company has in stock |
| Job description | The official statement of job duties an employee must perform |
| Loan | A sum of money lent to a business or an individual for a specific time period that is repayable with interest |
| Manager | an individual whos job involves planning, organizing, staffing, directing, an controlling for a business |
| Manufacturing | changing the shapes or forms of materials so that they will be useful to consumers |
| Marketing | The process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society |
| merger | Two individual business that combine to form one organization |
| mission | A brief summary of what a business owner wants a business to be doing |
| Nonprofit | A business or organization whos intent is to make eneough money to support its mission |
| offshoring | Producing goods in foreign countries |
| operations | The day-to-day activities required for continued business functioning |
| orientation | Job preparation or induction training i witch new employees are acquainted with their surrounds, receive general information about the company and its policies, are given specific information about their jobs |
| outsourcing | Acquiring assistance from outside organizations/consultants to perform primary business activities |
| overhead | Business expenses for things such as payroll, rent, and ultitlites |
| production | The process of activities of producing good and services |
| profit | Monetary reward a business owner receives for taking the risk involved in investing in a business |
| purchasing | The process of acquiring the goods and services necessary to keep production going and to accomplish business goals |
| Quality control | Ensuring the degree of excellence of a good or service |
| Recruiting | Seeking out and attracting qualified potential employees |
| resource | any item that is used to accomplish another activity, such as producing/providing goods and services |
| Revenues | sales or gross income |
| strategic management | The process of planning, controlling, and organizing an organization or department |
| Strategic position | how a business measures up in relation to other business in the industry; can involve the image or impression of a business or organization |
| strategies | Plans of action for achieving goals and objectives |
| Supervisor | An employee who oversees other employees |
| Tactics | Specific actions that will be used to carry out strategies |
| technology | scientific applications to business objectives or the methods used to attain those objectives |
| venture capital | Invested money used for a new business opportunities |
| virtual services | services provided through a medium of a communication (such as the internet), rather than in person |
| vision | A summary of what a business owner wants a business to become |
Created by:
madisyn.m837
Popular Business sets