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BM1 1.01
PD-025
| Term | Definition |
|---|---|
| Accounting | The process of keeping and interpreting financial records |
| Administrative services | A career area in which employees facilitate business operations through variety of administrative and clerical duties, including information and communication management, data processing and collection, and project tracking |
| Banking services | A career are in which employees are primarily concerned with accepting deposits, lending funds, and extending credit to bank customers |
| Business information management | An umbrella term covering those careers that provide a bridge between business processes/initiatives and IT (information technology) |
| Corporate finance | A function in a company that manages policy and strategy for (and the implementation of) capital structure, budgeting, acquisition and investment, financial modeling and planning, funding, dividends, and taxation |
| Creativity | The ability to generate unique ideas, approaches, and solutions |
| Enthusiasm | Intense interest or excitement |
| Finance | The process of obtaining funds and using them to achieve the goals of the business |
| Flexibility | The ability to adapt to changes as they occur |
| General management | A career area in which employees focus on planning, organizing, directing, and evaluating part or all business organization through the allocation and use of financial, human, and material resources |
| Human resource management | A career are in which employees focus on the staffing activities that involve planning, recruitment, selection, orientation, training, performance appraisal, compensation, and safety of employees |
| Insurance | A contractual agreement in which one company (insurer) will pay for specified losses incurred by the other company (insured) in return for installment payments (premium) |
| Marketing | An organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relations in ways that benefit the organization and its stakeholders |
| Marketing communications | A career area in which employees focus on marketing activities that inform, remind, and /or persuade the targeted audience of ideas, experiences, goods/services, and/or images |
| Marketing management | A career are in which employees focus on all marketing functions, including channel management, marketing-information management, pricing, product/service management, promotion, and selling |
| Marketing research | A career that involves the systematic gathering, recording, and analyzing of data about problems relating to the marketing of goods and services |
| Merchandising | The process of having the right goods in the right place at the right time in order to make profit |
| Operating management | A career are in which employees focus on planning, organizing, coordinating, and controlling the resources needed to produce/provide a business's goods and/or services |
| Securities and investments industry | The total businesses consisting of brokerage firms, investment banks, and stock exchanges, all of which support the flow of funds from investors to companies and institutions |
| Self-confidence | A positive belief in your own talents, skills, and objectives |
| Selling | A marketing function that involves determining client needs and wants and responding through planned, personalized communication that influences purchase decisions and enhances future business opportunities |
| Trustworthiness | Reliability; the quality of deserving others' confidence |
Created by:
demetria.n316
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