Business glossary

20 Business glossary terms

Hi, my name is Ann Carla Zephyr. I'm 19 years old, I have been studying at Montmorency College for two years now. I'm in Business Management. I created this glossary for people who might be interested in this field of study. Thanks to this glossary you will understand the meaning of 20 words related to business, for each of them you will have a definition, pronunciation, a translation, a sentence illustrating how the terms can be used and even some images.

account
noun
a record or statement of financial expenditure and receipts relating to a particular period or purpos
Example: Financial analysis looks at the businesses financial performance; this is done using three methods, the balance sheet, the profit and loss ACCOUNT and the cash flow statement.
en: compte
account image
advertisement
noun
A promotional message to attract interest in a particular product, service or job vacancy
Example: The response rate to an ADVERTISEMENT is determined by the use of internet technology and so technology influences the Price variable of the marketing mix.
en: publicité
advertisement image
Agent
Noun
A person who does business for another person
Example: the change AGENT should be able to negotiate and consult with managers and subordinates and most importantly be able to persuade people that the change is beneficial to them and the organisation.
en: Agent
agent image
Appointment
noun
An agreement to meet with someone at a particular time
Example: It was also assumed a set period of time before an APPOINTMENT would define when an SMS reminder would be send
en: Rendez-vous
Appointment image
Benefits
noun
A payment made or an entitlement available in accordance with a wage agreement, an insurance policy, or a public assistance program
Example: It's now based on the BENEFITS a consumer receives from a product, hence the mission statement, this all had to be done as the company evolved in order for them to remain in the industry
en: Avantages
benefits image
Brand
noun
A category of products that are all made by a particular company and all have a particular name
Example: One doesn't have a physical entity to look at, but the effect of packaging is still the same, to entice the consumer by communicating the product information and BRAND character to help the consumer make a choice, it can be an important element in creating a BRAND position to a consumer.
en: Marque
Brand image
Business plan
noun
a document setting out a business's future objectives and strategies for achieving them.
Example: the final BUSINESS PLAN covered and explained everything in detail
en: Business plan
business plan image
competitor
noun
an organization or country engaged in commercial or economic competition with othe
Example: Alternatively, the COMPETITOR can wait until the product is reasonable accepted by the consumer and a ready market is established, then will they launch a more innovative product based on Powermop but offering more advanced feature.
en: concurrent
competitor image
Consumer
noun
A person who buys goods and services
Example: The price can be considered as the value which is placed on something being bought, or the willingness to pay of a CONSUMER
en: consommateur
consumer image
contract
noun
a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.
Example: Future considerations If we consider extending and increasing the CONTRACT beyond 6 months there are a number of issues that have to be taken into consideration.
en: contrat
contract image
currency
noun
a system of money in general use in a particular country.
Example: In fact, all 10 nations are currently involved in negotiations and most have drawn up agreements to prepare for future common CURRENCY implementation.
en: Devise
currency image
debt
noun
something, typically money, that is owed or due
Example: This does not help especially they are struggling in terms of DEBT (which they owe 3.97billion USD).
en: dette
debt image
employee
noun
a person employed for wages or salary, especially at nonexecutive level.
Example: ask EMPLOYEEs if they believe that they have been well trained via one-to-one interviews and or focus groups.
en: employé
employee image
entrepreneur
noun
A person who organizes, operates, and assumes the risk for a business venture
Example: However, by including an experienced ENTREPRENEUR as a part-time director in early-stage development, a firm can gain credibility and trust since this will provide access to their extensive network of contacts.
en: entrepreneur
entrepreneur image
investment
noun
he action or process of investing money for profit or material result.
Example: the size of businesses, and high cost of initial INVESTMENT and the lack of facilities within the area such as the Internet.
en: investissement
investment image
investor
noun
a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Example: Foreign INVESTOR cannot, nor will it need to, find a local partner possessing superior attributes in all of the above.
en: investisseur
investor image
management
noun
The members of the executive or administration of an organization or business
Example: If the farm is working efficiently towards all three of these goals then I am employing good MANAGEMENT.
en: management
management image
marketing
noun
he action or business of promoting and selling products or services, including market research and advertising.
Example: Sales promotions are seen as tack ticks which are designed to add value and appeal to a product in order for the firm to meet specific sales and MARKETING objectives, they may include rebates and free goods.
en: commercialisation
marketing image
profit
noun
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Example: More total revenue Less total revenue Most owners want to maximize their PROFIT.
en: profit
profit image
trade
noun
the action of buying and selling goods and services.
Example: Nowadays, large companies always dominate TRADE although there are more chances for the P-A problem to occur.
en: commerce
trade image