My Business Management Glossary

20 Business Management terms

My glossary is for helping people to know more about the words related to the field of Business Management. Those words are very useful for this field of study.

accounting
noun
The system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results.
Example: The actual change concerns the accounting system and information system, particularly important to the distribution of power within organisations.
fr: comptabilité
B2B (business to business)
noun
Businesses that sell to other businesses.
Example: The application of e-collaboration in this delivery company is the b2b (business to business) collaboration.
B2C (business to consumer)
noun
Companies that sell directly to consumers.
Example: Amazon, Apple and Nike are mainly B2C companies because they sell directly to consumers.
boss
noun
A person who exercises control or authority in a business.
Example: My boss just call me to work on the tonight shift.
fr: patron
communication
noun
Communication is the process of passing information and understanding from one person to another.
Example: Advances in communication and social media have changed the way we interact with each other in a number of different ways.
fr: communication
competition
noun
The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms.
Example: Prices are lower when there is competition among the stores.
fr: concurrence
customer
noun
One that purchases a commodity or service from a business.
Example: She is one of our best customers because she always buy stuff at our store.
fr: client
employee
noun
One employed by another usually for wages or salary and in a position below the executive level.
Example: A good boss listens to his employees.
fr: employé(e)
entrepreneurship
noun
The activity of setting up a business or businesses, taking on financial risks in the hope of profit.
Example: Individual who applies feminist values and approaches through entrepreneurship, with the goal of improving the quality of life.
fr: entrepreneuriat
finance
noun
The system that includes the circulation of money, the granting of credit, the making of investments, and the provision of banking facilities.
Example: She's taking a course on personal finance.
fr: finance
LinkedIn
noun
LinkedIn is a social network focused on careers and business life.
Example: Microsoft bought LinkedIn for 23.3 billion euros.
management
noun
Management is the administration of an organization, whether it is a business, a not-for-profit organization, or government body.
Example: The use of these reserves to finance infrastructure may lead to monetary management problems.
fr: gestion
marketing
noun
Marketing is the study and management of exchange relationships. It is the business process of creating relationships with and satisfying customers.
Example: It is also useful to look at the MARKETING aspect of such an object.
fr: commercialisation
money
noun
Something generally accepted as a medium of exchange, a measure of value, or a means of payment.
Example: That painting must be worth a lot of money.
fr: argent
negotiation
noun
Discussion aimed at reaching an agreement.
Example: It is recommended that a negotiation with the supplier should be done in order to get the 20% reduction.
fr: négociation
organizing
verb
Organizing is the establishment of effective authority relationships among selected work and works places in order for the group to work together efficiently.
Example: The process of acquiring and organizing information in the direction of a purchase decision and of using and evaluating products and services.
fr: organiser
profit
noun
Net income usually for a given period of time.
Example: I want to make my business as efficient as I possibly can in order to make a profit and create a sustainable future for myself and my staff.
fr: profit
sale
noun
The transfer of ownership of and title to property from one person to another for a price.
Example: They must also be able to deal with any problems and resolve them, whether this be staffing issues or unexpected supply or sale issues.
fr: vente
supplier
noun
A supplier is a person, company, or organization that sells or supplies something such as goods or equipment to customers.
Example: At a reduction of 30% off the current price, the price is reduced to £14.70 but the supplier is less reliable.
fr: fournisseur
supply
noun
The quantities of goods or services offered for sale at a particular time or at one price.
Example: However, a few adjustments have to be made in the future in order to keep the cost low, as well as meeting the requirement of the contract which is to supply at least 500 meters per week in a standard width of a particular cloth.
fr: fourniture