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3.01 KEY TERMS

TermDefinition
ACCOUNTING keeping accurate and useful financial records; and analyzing and interpreting the recorded information
BUSINESS an organized effort to produce and/or distribute goods and services
FINANCIAL ANALYSIS the process of planning, maintaining, monitoring, controlling, and reporting the us of financial resources
HUMAN RESOURCES MANAGEMANT the process of planning, staffing, leading, and organizing the employees of a business
INFORMATION MANAGEMENT the processing of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts or data
MARKETING the process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and 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 of the primary business activities
PRODUCTION the process or activity of producing goods and services
STRATEGIC MANAGEMENT the process of planning, controlling, and organizing an organization or department
Created by: laisha.g710
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