Hi, my name is Ishaan, I have been studying in Business Management for now around two years. My glossary will be for people who want to know more on how a business works and what it contains. In Business Management, you learn many interesting things. You start with the basics of marketing and learn with time how everything works. For example, you learn how does the client think when he comes in a supermarket or how can you bring him back? Overtime, it helps you develop your skills to succeed in business.
appointment
noun
An arrangement to meet someone at a particular time and place.
Example: Today, I have an appointment for my new job.
fr: rendez-vous
B2C
noun
This acronym is shorthand for business-to-business marketing.
Example: Do you do B2C or you're doing B2B only?
budget
noun
An estimate of income and expenditure for a set period of time.
Example: Diagram two A business needs to carry out analysis to establish where it stands compared to its competitors; it is done using a BUDGET and financial analysis. The BUDGET analysis is used to set out expected expenditures and then to review what actually happens, it is done using four BUDGETs these are expense, revenue, cash and capital BUDGETs.
fr: budget
business card
noun
A small card printed with one's name, professional occupation, company position, business address, and other contact information.
Example: Here, I'll give you my business card. Call me when you are available.
fr: carte d'affaires
company
noun
A commercial business.
Example: Have you seen this company before? I think they are established in the food market.
fr: compagnie
contract
noun
A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.
Example: Fulfilling the CONTRACT 1) Given the basic resources available & ignoring any future cost or quantity changes.
fr: contrat
customer
noun
A person or organization that buys goods or services from a store or business.
Example: Such mistakes cause inconvenience to the CUSTOMER and a loss of trust in the company-CUSTOMER relationship.
fr: client
debt
noun
Something, typically money, that is owed or due.
Example: Often, a significant part of their export revenues is used to pay back their large foreign DEBT (Ayhan Kose, 2002).
fr: dette
distribution
noun
The action or process of supplying goods to stores and other businesses that sell to consumers.
fr: distribution
employee
noun
A person employed for wages or salary, especially at non executive level.
Example: Also, it ensured that each EMPLOYEE could be engaged in a piece of work at any stage of its development.
fr: employé
employer
noun
A person or organization that employs people.
Example: The manger could delegate certain sectors of the farm to employees, such as having the herdsman responsible for the dairy unit, and he would then need to report to the manger as he would be the herdsman general and line manager, as well as his EMPLOYER.
fr: employeur
file
noun
A folder or box for holding loose papers that are typically arranged in a particular order for easy reference.
Example: Due to different programming techniques, databases are found in a few different FILE formats.
Put the documents in the file, or you will lose it
fr: fichier
freight
Goods transported in bulk by truck, train, ship, or aircraft.
Example: Next week, we will receive a new freight.
fr: cargaison
Heatmap
noun
A visual representation of how a user behaves on a web page.
Example: You have well-designed the heat map, good job Maxime.
investment
noun
The action or process of investing money for profit or material result.
Example: Therefore, own branding is a good INVESTMENT both for retailers and customers
fr: investissement
loan
noun
A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
Example: Audi's gearing ratio shows an increase from 2001 to 2004 in contrast to Hyundai's, meaning it is becoming less financed by the owners (shareholders), which could be due to an increase in the long-term LOAN.
fr: prêt
pay-per-click
noun
Payment model in which an advertiser pays a platform every time an online ad is clicked.
Example: The website is established and paid by pay-per-click
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 (demand inelastic) Less total revenue (demand elastic) Most owners want to maximize their PROFIT. A supermarket cannot continue to operate if it does not make any PROFIT and so it is essential to know how to increase the total revenue.
fr: profit
Return on investment (ROI)
phrase
How much an investment earns compared to how much it costs.
Example: The return on investment of this product is 15%.
salesperson
noun
A salesman or saleswoman (used as a neutral alternative).
Example: Mr Pearson had previously spent 9 years in the Marines and was working as a kitchen SALESPERSON.
fr: vendeur
secretary
noun
A person employed by an individual or in an office to assist with correspondence, keep records, make appointments, and carry out similar tasks.
Example: The Financial SECRETARY estimated conservatively that the GDP growth was reduced by 0.1% due to the incident.
My secretary is working 25 hours per week.
fr: secrétaire
share
noun
A unit of account for the capital or stock of a company.
Example: Their market SHARE was being eroded from the top by niche organisations such as Gap, Oasis and Next who offered a similar price but more up-to-date fashion.
fr: une action
shareholder
noun
An owner of shares in a company.
Example: A SHAREHOLDER and HiSA rep will be invited to all meetings if they so wish to keep abreast of developments.
fr: actionnaire
store
noun
A retail establishment selling items to the public.
Example: Also, there are loads of products sell in STORE.