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Definition
| Money that remains after a business has paid its expenses |
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| A person's incentive to work or start a business (ex: to make money) |
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| Contest between businesses to win customers business and loyalty |
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| Items necessary for existence, such as clothing, food and shelter. |
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Definition
| Items that would be nice to have |
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Definition
| A person who uses goods or services. |
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Definition
| Items businesses sell that can be physically weighed or measured, such as iPods, CD's, etc. |
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Definition
| Tasks that businesses perform or provide for customers |
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Definition
| A business owned by only one person |
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Definition
| A business owned by two or more people |
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Definition
| A contract between a parent company and a franchisee to use the name and sell godds or services of the parent company |
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Definition
| A business whose goal is to provide a service rather than make a profit, such as the American Red Cross. |
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| Multinational corporation |
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Definition
| A company that does business and has business facilities in many countries |
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Definition
| The process or recording and reporting the financial data for a business |
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Definition
| The process of leading and directing all or part of an organization |
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Definition
| The process of creating, promoting, and presenting a product to the consumers |
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| Information Technology (IT) |
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Definition
| The process of developing, installing and implementing computer information systems applications. IT includes the support and maintenance of computer hardward and software. |
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Term
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Definition
| The activities involved in the day-to-day running of a business |
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Definition
| The activities that deal with the hiring, firing and training and other personnel (employee) issues. |
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Definition
| Business that is considered separate from its owners |
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Term
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Definition
| Process of making finished products out of raw materials |
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