Business Vocabulary Flashcards

<p>Offering goods and services for sale</p> Signup and view all the answers

<p>The ability and desire to purchase goods and services</p> Signup and view all the answers

<p>The organized action of making goods and services for sale</p> Signup and view all the answers

<p>Work done for others</p> Signup and view all the answers

<p>The degree to which the organization achieves a stated goal</p> Signup and view all the answers

<p>Skillfulness in avoiding wasted time and effort</p> Signup and view all the answers

<p>A style of management based on customer satisfaction</p> Signup and view all the answers

<p>The quantity of goods and services produced from each unit of labor input</p> Signup and view all the answers

<p>A decrease in the number of employees</p> Signup and view all the answers

<p>Someone who organizes a business venture and assumes the risk for it</p> Signup and view all the answers

<p>A business that has less than 500 employees</p> Signup and view all the answers

<p>A business model for selling the company's goods or services in a specific location</p> Signup and view all the answers

<p>Moral principles or values</p> Signup and view all the answers

<p>Any persons or groups who will be affected by an action</p> Signup and view all the answers

<p>Goods brought into a country</p> Signup and view all the answers

<p>Goods and services sold to other countries</p> Signup and view all the answers

<p>A document that describes a new business</p> Signup and view all the answers

<p>A business owned by one person</p> Signup and view all the answers

<p>People who lend money</p> Signup and view all the answers

<p>A contract between two or more persons who agree to pool talent and money and share profits or losses</p> Signup and view all the answers

<p>A form of partnership where some partners are not active in daily operations and have limited liability</p> Signup and view all the answers

<p>A business owned by stockholders who share in its profits but are not personally responsible for its debts</p> Signup and view all the answers

<p>A document incorporating an institution and specifying its rights</p> Signup and view all the answers

<p>A group of persons chosen to govern the affairs of a corporation or other large institution</p> Signup and view all the answers

<p>Corporations that focus on providing a service rather than earning a profit and are not owned by a government entity</p> Signup and view all the answers

<p>Commercial messages that are untruthful</p> Signup and view all the answers

<p>Inability to discharge all your debts as they come due</p> Signup and view all the answers

<p>Protection giving the owner the exclusive right to reproduce or distribute copies of his or her own work</p> Signup and view all the answers

<p>A formally registered symbol identifying the manufacturer or distributor of a product</p> Signup and view all the answers

<p>Dividing an area into zones or sections reserved for different purposes such as residence and business</p> Signup and view all the answers

<p>A tax on people's earnings</p> Signup and view all the answers

<p>A tax on land and property</p> Signup and view all the answers

<p>A tax on a sale of merchandise or services</p> Signup and view all the answers

<p>Something that is communicated by or to or between people or groups</p> Signup and view all the answers

<p>Information or statements of opinion about something</p> Signup and view all the answers

<p>An obstacle to attention</p> Signup and view all the answers

<p>The mistake of misrepresenting the facts</p> Signup and view all the answers

<p>Communication between individuals based on facial expressions or bodily gestures rather than language</p> Signup and view all the answers

<p>The attitudes and behavior that are characteristic of a particular social group</p> Signup and view all the answers