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Business terms vocab Flashcards | StudBud
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Business terms vocab
Business terms vocab
20 terms
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StudBud Administration
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business terms definitions, vocab
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What is another name for drinks?
tea, water, cocoa
beverages
2
How do you set goals for the business?
projections
marketing
3
What is the name of the product?
product
brand
4
How much you spend on your business is called what?
profit
cost
5
The process of getting the product to the customer is called?
facility
delivery
6
What is an example of marketing?
going to a market
ad, commercial, sign, logo
7
What are sales?
an item at a discount
amount of items sold
8
what is profit?
sales - cost = profit
cost - sales = profit
9
people you want to be your customers
investors
target market
10
the location of your business
facility
building
11
What's for sale
cost
product
12
what is a customer?
someone who has customs
anyone who pays for a service/product
13
Supplies and items you need for your business
materials
food
14
What is bussing?
clearing a table of used items
riding a bus
15
Who takes the payment for a product or service?
a robber
a cashier
16
what you need to do your job
credentials
certificate
17
people that give supplies or money for your business
investors
financial
18
What has to do with all things money in regards to a business?
financial
sales
19
What is another name for staff?
employee
personnel
20
What/who is management?
a man that ages
a boss/person who makes decisions
