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27 terms

Business Management: Nouns and Adj

STUDY
PLAY
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