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Careers and Business
| Term | Definition |
|---|---|
| Accounting | The process of keeping and interpreting financial records |
| Administrative services | A career area in which employees facilitate business operations through a variety of administrative and clerical duties, including information and communication management, data processing and collection, and project tracking. |
| Banking services | A career area in which employees are primary concerned with accepting deposits, lending funds, and extending credit to bank customers. |
| Business information management | An umbrella term is 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 of a business organization through the allocation and use of financial, human, and material resources |
| Human Resources management | A career area 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 it's stakeholder. |
| 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 area in which employees focus on all marketing functions. including channel management, marketing- information, 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 a profit. |
| Operations management | A career area 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 of 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 other's confidence |
Created by:
Carmen17
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