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301 Key Term
Business Activities
Question | Answer |
---|---|
Angel Investor | Someone who provides startup money to a new business |
Asset | Anything of value that a business or individual owns. |
Bond | A piece of paper (whether real or virtual) that says a governing body or corporation will borrow an investor's money at a particular interest rate for a particular period of time |
Business | An organized effort to produce and/or distribute goods and services |
Credit | The arrangement by which businesses and individuals can purchase now and pay later |
Credit Rating | The score assigned to a borrower based on previous loans |
Database | A virtual storage unit for information |
Debt | Money businesses or individuals owe to others |
Equity | Assets minus liabilities; also known as stockholders' (or shareholders') equity, book value, and net worth |
Executives | Top-level employees |
Expenses | The money that a business spends |
Financial Analysis | The process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources |
Financial Records | Documents containing information related to the amount of money going into and out of a business |
Financing | Funding a business activity or project through debt, equity, or venture capital |
For-profit business | A business whose overall purpose is to earn a profit |
Goal | An objective or want that you plan to fulfill |
Human Resources | People who work to produce goods and services |
Human resource management | The process of planning, staffing, staffing, leading and organizing the employees of the business |
Income | The money received by resource owners and producers for supplying goods and services to consumers |
Information management | The process of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data |