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3.01 Vocabulary
Business activities
Term | Definition |
---|---|
Goals | Aimed Achievements. |
Mission | The main purpose of a business or organization. |
Business for profit | Earns money to grant financial goals. |
Nonprofit | Earns money to succeed in a specific mission. |
Resources | Goods and Services. |
Business activities | Actions that businesses do to generate their profits. |
Profits | Money left over after paying off expenses |
Production | The process of |
Financial analysis | The process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources |
Overhead | An expense that continues to operating a business. |
Financing | The use of funds. |
Angel Investors | Investors that use venture capital to get a business start and running from the start. |
Debt | Money owed. |
Bonds | Debts privacy (security) |
Loans | Money borrowed. |
Interest | A bill a business have to pay a lender. |
Equity | What a business owns or controls minus debt. |
Assets | |
Accounting | |
Financial Records | |
Expenses | |
Income | |
Human Resources Management | |
Human Resources | |
Supervisors | |
Managers | |
Executives | |
Recruiting | |
Orienting | |
Information Management | |
Database | |
Technology | |
Marketing | |
Credit | |
Operations | |
Manufacturing | |
Quality control | |
Purchasing | |
Inventory Management | |
Strategic management | |
Vision | |
Strategies | |
Tactics | |
Revenues | |
Credit rating | |
Job Descriptions | |
Merger | |
Outsourcing | |
Virtual service |