My Business Glossary

20 Business Management. terms

Hi, my name is Malyka and I have been studying for two semesters at Montmorency College in Laval. This glossary will contain multiple words linked to Business Management program for students or trainee people in the sales industry who wants to extend their vocabulary in their field of study. Those 20 terms will help everyone who wants to understand many topics about retail sales, inventory management, commercial products and more. Sources : Grammar checks and audio files : www.Virtualwritingtutor.com Part of speeches and definitions : www.Google.com Images : https://www.google.ca/imghp?hl=fr&tab=wi&ogbl Translations : https://translate.google.com Examples : www.lector.ca

administration
noun
The process or activity of running a business, organization, etc.
Example: In an era of rapid industrialization, growing population and an escalating crisis in the administration of government services, immigration became the focus for larger questions about national identity and social consciousness.
fr: administration
Clinton Administration
ambassador
noun
A person who acts as a representative or promoter of a specified activity.
Example: The letter is an ambassador for an organisation. Every letter contains a message - it may confirm an order, complain about a late delivery or clarify a point - but it also does a great deal more.
fr: ambassadeur
Revlon brand ambassador
assets
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: The above two elements were the main reasons for the 7% increase of the Non-current assets (from £598.2 m in 2004 to £640.7 m in 2005).
fr: l'actif
NBI Global assets income fund
business
noun
The practice of making one's living by engaging in commerce.
Example: She travels to Barbados as part of a business trip with her brother Robert who is slightly younger than her.
fr: affaires
Central Business District skyline in Singapore
businessman
noun
A man who works in business or commerce, especially at an executive level.
Example: Svevo was a businessman that wanted to improve his English, and Joyce was his teacher.
fr: homme d'affaire
A successful businessman
CEO
noun
A chief executive officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.
Example: China's state-owned enterprise reforms: an industrial and CEO approach.
fr: PDG
Google CEO
company
noun
A commercial business.
Example: The company aims to maintain production at a level of 90% for 15 weeks.
fr: entreprise
Ford Motor company
employee
noun
A person employed for wages or salary, especially at non-executive level.
Example: Every employee has to go through a certain amount of training, as every job differs slightly.
fr: employé
Executive employees
entrepreneur
noun
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Example: The entrepreneur, the capitalist would hire these 'gang-bosses', who in turn, had to make sure that the work was done.
fr: entrepreneur
An entrepreneur thinking about every details
human resources
noun
The department of a business or organization that deals with the hiring, administration, and training of personnel.
Example: Moreover, Japanese initiatives improved 'agricultural productivity', 'industrial development', and "human resources", in which health, medial and educational provisions were made to raise the economic potential of the colonies.
fr: ressources humaines
7 human resources management basics
management
noun
The process of dealing with or controlling things or people.
Example: Communication allows management to be able to operate in a more efficient method as they can receive feedback and ideas from members of staff and also customers where relevant.
fr: la gestion
A group of people doing management.
manager
noun
A person responsible for controlling or administering all or part of a company or similar organization.
Example: Leopold Eidlitz (1823-1908) was born in Prague and trained in Vienna as a land manager, a position in which he would have worked for the Austrian government as a building inspector or designer of small, rural structures.
fr: directeur
A manager giving tasks to her colleges
managerial
adjective
Relating to management or managers, especially of a company or similar organization.
Example: This Swedis case represents strong evidence that managerial leadership at the top levels can make or break the acquisition process.
fr: en gestion
A managerial costing timeline
marketing
noun
The action or business of promoting and selling products or services, including market research and advertising.
Example: Their designs are owned by the company which creates them and driven by marketing departments.
fr: commercialisation
Marketing on logos
revenue
noun
Income, especially when of a company or organization and of a substantial nature.
Example: The example here is the highly admired Centex Corporation, which has experienced considerable increases in revenue and profitability.
fr: revenu
Revenue attribution
sale
noun
The exchange of a commodity for money; the action of selling something.
Example: After 23 years of service it was sold to a scrap metal merchant who joined the hull to the second-hand screw-engine and offered the revamped hybrid for sale.
fr: vente
Sales process
stakeholder
noun
A type of organization or system in which all the members or participants are seen as having an interest in its success.
Example: A thorough analysis of the suggested changes, possible implementation strategies and effects on the relevant stakeholder groups has been conducted.
fr: partie prenante
Stakeholder management
supervisor
noun
A person who supervises a person or an activity.
Example: But after a discussion with my supervisor, I have understood that the Jacobi parallel method needs very large matrices to be efficient.
fr: superviseur
A supervisor checking on people's work
vision
noun
The ability to think about or plan the future with imagination or wisdom.
Example: Even as innovative business models and impressive advances in technology fuel industry's vision of the Internet as a dynamic medium of commerce and communication, security issues continues to weaken confidence in online business.
fr: vision
A visionary man looking for a common business vision
wage
noun
A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.
Example: Workers' utility falls as they do more work for a given weekly wage, and they may do less work if they are not closely monitored by their managers.
fr: salaire
Workers around a wage