100 business words (2)

Cost of foregone alternatives

Unexpected event; interruption

Process of managing flow from point of origin to consumption

Name, words, symbols that identifies product; distinguishes it

Putting money into something to make profit

Summary of intended expenditures with proposals for how to meet them

Department in retail organization that handles customers inquiries / complaints

Amount of money given to borrower for set period of time

Places where goods are sold

Holds shares of stock in corporation

Amount of money it takes to run a business

(Accounting) value of firm’s assets: raw material, work in progress, finished goods

Using contacts as means of finding job leads

Institution created to conduct business

Group that has stake in organizations performance

decision reached by 2 or more people/groups

Personnel who assist their superior

Group of people elected by stockholders to set policies

Selling goods in large quantities for resale

New venture trying to discover profitable business model for success

Officially starting something

Person who uses good/service

Money invested in new emerging companies with great profit potential

Cost of inventory sold to customers

Someone who coordinates and oversees work of other people to accomplish goals

Binding agreement enforceable by law

Right to take another’s property

1) amount of money needed to purchase something. 2) conditions attached to finance transaction

Arrangement for deferred payment of goods and services

Entire amount of income before deduction

Wealth in form of money/property

Price paid for borrowed money

Connected chain of all business entities internal and external; support logistic function

Sponsored ad on radio / television

Maintains policies, plans, procedures for managing employees

Occupation of maintaining and auditing records and financial reports