Finding your path

20 Business Management terms

Finding your field of study can be sometime as hard as finding a needle in a haystack. For me, discovering my path was easier because of my dad. He has been in the management industry for 25 years now and has instilled me some business values. Indeed, I now study Business Management in cegep Lionel-Groulx. On a regular basis, this field makes me improve my knowledge, my leadership and strength of managing. In fact, I learn how to interact with people, how to manage any kind of stores. I also discovered last year how to create my own website, what customers look for when they buy things and what kind of approach to use with them. Finally, I learn the base of accounting, of negotiating, of human resources, of marketing and also some electronic bases such as excel, word and PowerPoint. ** ALL THE DEFINITION ARE FROM GOOGLE MEANING OR DICTIONNARY.COM https://www.dictionary.com/

Accounting
The action of keeping financial accounts
Business
organisation that produces and sell goods and services for profit ( $$)
Business management:
It’s the act of organizing people to accomplish the desired goals and objectives of a business
Customer Service
is to ensure the customer or client is satisfied with the product or service provided, and with the sales, delivery, installation, use, and other components of the purchasing process.
Customers
a person or more that buys goods or services from a store or business
Electronic:
(of a device) having or operating with the aid of many small components, especially microchips and transistor, that control and direct an electric current.
Entrepreneur:
: It is an individual who creates a new business, bearing most of the risk and enjoying most of the rewards.
Human resources:
the department of a business or organization that deals with the hiring, administration, and training of personnel.
Industry:
economic activity concerned with the processing of raw materials and manufacture of goods in factories.
Instilled
gradually but firmly establish (an idea or attitude, especially a desirable one) in a person's mind.
Interaction
act in such a way as to have an effect on another; act reciprocally
Leadership
Leadership is the ability of an individual or a group of individuals to influence and guide followers or other members of an organization
Management
Management means directing and controlling a group of people or an organization to reach a goal.
Marketing
Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses
Negotiation
discussion aimed at reaching an agreement
Open minded
a person who is willing to consider new ideas; unprejudiced
Profit
It is the total amount producers earn after subtracting the production costs
Recruitment
the action of finding new people to join an organization or support a cause.
Store
a place where goods are sold
Website
a set of related web pages located under a single domain name, typically produced by a single person or organization.