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3.01A
key terms
Term | Definition |
---|---|
Accounting | Keeping accurate & useful financial records; & analyzing & interpreting the recorded information |
Business | An organized effort to produce and/or distribute goods & services |
Financial Analysis | The process of planning, maintaining, monitoring, controlling, & reporting the use of financial resources |
Human Business Management | The process of planning, staffing, leading, & organizing the employees of the business |
Information Management | The process of accessing, processing, maintaining, evaluating, & disseminating business knowledge, facts, or data |
Marketing | The process of creating, communicating, delivering, & exchanging offerings that have value for customers, clients, partners, & society at large |
Operations | The day-to-day activities required for continued business functioning |
Outsourcing | The usage of outside organizations or consultants to perform one or more primary business activities |
Production | The process or activity of producing goods & services |
Strategic Management | The process of planning, controlling, & organizing an organization or department |