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B 202 Glossary
Business Essentials
Term | Definition |
---|---|
Alternative recourse | A resources that can be used in a place of another |
Automation | A method of operating, or controlling process in which tasks are completed |
Baby Boomers | Term used to refer to individuals who were born between the years 1946 and 1964 |
Capital goods | Manufactured or constructed items that are used to produce goods and services |
Conserve | To slow down the use of something to make its supply last longer than it would otherwise |
Consumer goods and services | Products produced for personal consumption |