Business Management: Nouns and Adj

Created by Evan_Wang 

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27 terms

features

characteristics

objective

the lens or system of lenses nearest the object being viewed

distinctions

differences

economy

an act of economizing

environment

the area in which something exists or lives

business ethics

The use of ethics in making business decisions

socially responsible management

Socially responsible management
is managing an organisation in such a way that the broader social welfare of the community is taken into consideration when making business decisions.

impact

influencing strongly

stakeholders

any persons or groups who will be affected by an action

classification

the act of distributing things into classes or categories of the same type

profit

the advantageous quality of being beneficial

repetition

the act of doing or performing again

regularity

the quality of being characterized by a fixed principle or rate

industry

the organized action of making of goods and services for sale

employment

the occupation for which you are paid

employee

a worker who is hired to perform a job

franchise

a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area

organisation

the act of forming something

income

the financial gain (earned or unearned) accruing over a given period of time

expenses

an expense is an outflow of money to another person or group to pay for an item or service, or for a category of costs.

motivation

the act of motivating

innovation

the act of starting something for the first time

charity

a kindly and lenient attitude toward people

foundation

the act of starting something for the first time

policies

guidelines used in making consistent decisions

factors

Numbers that are multiplied together to get a product

entrepreneur

someone who organizes a business venture and assumes the risk for it

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