This glossary contains words related to the field of business
Asset
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: The farm shop is a major ASSET for Manydown.
en: Actif
Business
noun
The practice of making one's living by engaging in commerce.
Example: Thinking of new ways of moving the farm BUSINESS forward.
en: Entreprise
Customer
noun
A person or organization that buys goods or services from a store or business.
Example: Business strategy was also clear and focused; placing particular emphasis on quality of goods and CUSTOMER service,.
en: Client
Investment
noun
The action or process of investing money for profit or material result.
Example: I have made some money after investing in company X.
en: Investissement
Marketing
noun
The action or business of promoting and selling products or services, including market research and advertising.
Example: Using TV as a medium for which to advertise they are reinforcing their MARKETING oriented practices by moving into mass media forms of advertising while still using forms of direct MARKETING to maintain existing customer relations.
en: Commercialisation
Profit
noun
A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Example: Most owners want to maximize their PROFIT.
en: Profit
Sale
noun
The exchange of a commodity for money; the action of selling something.
Example: The Product Life Cycle Model This model is used to maximise revenue from the SALE of products.
en: Vendre
Sales representive
noun
A sales representative is a person whose job is to sell products or services for a company.
Example: A good sales representive is someone who can meet customer needs.
en: Représentant en vente
Stock
noun
The capital raised by a business or corporation through the issue and subscription of shares.
Example: The pandemic had a huge impact on the stock market.
en: Action
Tax
noun
A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Example: Farmers are also exempt from paying income TAX instead they pay a land TAX which is set at the federal level for every territory and which is differentiated according to land quality.
