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Stack #4557596
| Question | Answer |
|---|---|
| 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 that says a governing body or coorperation will borrow an investors money at a particular time |
| Business | An orginized effort tp produce and/or distribute goods and services |
| Credit | The arragnment by whichbusinesses and individuals can purchase now and pay later |
| Credit rating | The score assigned to borrower based on previous loans |
| Database | A virtual storage unit for information |
| Equity | Assets minus liabilities; also known as stockholders' equity, book valye, and net worth |
| Executives | Top-level employees |
| Expenses | The money that a business spends |
| Financial analysis | The process of planning, maintaining, monitoring, controlling, and reporting the use of finacial resources |
| Finacial records | Documents containing information related to the amount of money going into and out of a 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 want that you plan to fulfill |
| Human resources | People who work to produce is to earn a profit |
| Human resource management | Th eprocess of planning, staffing, leading, and orginizing, the employees of the business |
| Income | The money recieved by resource owners and by producers for supplying goods and services to consumders |
| Information managment | The process of accesing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data |
| Interest | Th ereward or cost of lending or borrowing money, usually figured as a precentage of the amount |
| Inventory managment | The process of supervising and controlling the number of finsihed products a company has in stock |
| Job description | Th eoffical statement of job duties an employee must preform |
| Loan | A sumof money lent to a business or an individual for a specific time period that is repayable with intrest |
| Manager | Individual whose job involves planning, orginzing, staffing, directing, and controlling for a business |
| Manufacturing | Changing the shapes or forms of materials so that they will be useful to costumers |
| Marketing | The process of creaating, communicating, delievering, and exchanging offerings that have value for cosyumers, clients, partners, and society at large |
| Merger | Two individual businesses that combine to form one orginization |
| Mission | A breif summary of whata= a business owner wants a business to be doing |
| Nonprofit business | Business or organization whose intent is to make enough money to support its mission |
| Offshoring | Producing goods in forgein countries |
| Operations | The day to dayactivites required for continued business functioning |
| Orientation | Job preperation or induction training in which new employees are acquainted with their surroundings |
| Outsourcing | Accquiring assistance from outside organizations/ consultants to preform primary business |
| Overhead | Business expenses for things such as payroll, rent |
| Production | The process or activity of rpoducing goods and services |
| Profit | Monetary award a business pwner recieves for taking the risk involoved 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 orginizing am organization or department |
| Stargectic psotion | How a business measures up in a relation to other businesses in the industry; can involve the image or impression of a business or orginization |
| Strategies | Plans of action for achieveing 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 objects |
| Venture capital | Invested money used for new business opprtunites |
| Virtual services | Services provided through a medium of communiction(such as the internet) rather than in person |
| Vision | A summary of what a business owner wants a business to become. |
Created by:
user-1964947