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3.01 Vocabulary
Business Activities
| Term | Definition |
|---|---|
| Goals | |
| Mission | |
| Business for profit | Makes money to fulfill financial goals |
| Nonprofit | Makes money to fulfill a specific mission or undertaking |
| Resources | A stock or supply of materials and other assets |
| Business activities | Actions taken by businesses to generate profits or to reach financial goals |
| Profits | A financial gain; the amount earned and the amount spent in buying, operating and producing something |
| production | |
| Financial analysis | The use of financial resources |
| Overhead | Expenses, whatever it takes to run a business |
| Financing | The process of raising funds or capital for any kind of expenditure |
| Angel investors | Investors that help finance their business and also provide expert advice |
| Debt | Money owed or due |
| Bonds | |
| loans | |
| interest | |
| equity | what the business owns or controls minus debt |
| assets | |
| accounting | |
| financial records | Recorded information; Data |
| expenses | |
| income | |
| human resource 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 | |
| credit rating | |
| job descriptions | |
| merger | |
| Outsourcing | |
| A virtual service |
Created by:
stacy.c283
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