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Unit1.01
Business Management Careers
| Question | Answer |
|---|---|
| Accounting | The process of keeping and interpreting financial records. |
| Administrative services | A career area facilitating business operations through administrative duties, information management, and project tracking. |
| Banking services | A career area primarily concerned with accepting deposits, lending funds, and extending credit. |
| Business information management | Careers that provide a bridge between business processes/initiatives and IT (information technology). |
| Corporate finance | A function managing policy and strategy for capital structure, budgeting, acquisition, investment, and financial modeling. |
| Creativity | The ability to generate unique ideas, approaches, and solutions. |
| Enthusiasm | Intense interest or excitement. |
| Finance | The process of obtaining funds and using them to achieve the goals of the business. |
| Flexibility | The ability to adapt to changes as they occur. |
| General management | Planning, organizing, directing, and evaluating a business through the allocation of resources. |
| Human resource management | Staffing activities involving planning, recruitment, selection, orientation, training, and compensation. |
| Insurance | A contractual agreement where an insurer pays for specified losses in return for premium payments. |
| Marketing | Processes for creating, communicating, and delivering value to customers and managing customer relations. |
| Marketing communications | Marketing activities that inform, remind, and/or persuade the targeted audience of ideas, goods, or images. |
| Marketing management | Employees focus on all marketing functions, including channel management, pricing, promotion, and selling. |
| Marketing research | Systematic gathering, recording, and analyzing of data about problems relating to marketing goods and services. |
| Merchandising | The process of having the right goods in the right place at the right time in order to make a profit. |
| Operations management | Planning, organizing, coordinating, and controlling the resources needed to produce/provide goods and services. |
| Securities and investments industry | Businesses consisting of brokerage firms and investment banks that support the flow of funds from investors to companies. |
| Self-confidence | A positive belief in your own talents, skills, and objectives. |
| Selling | Determining client needs and wants and responding through planned, personalized communication that influences purchase decisions. |
| Trustworthiness | Reliability; the quality of deserving others' confidence. |
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