Business is an interesting topic, especially for new entrepreneurs trying to succeed in today’s world. This glossary is a helpful resource for anyone looking to navigate the challenges of modern society.
Administration
noun
The process or activity of running a business, organization, etc.
Example: The company’s administration team is responsible for overseeing the day-to-day operations of the business.
fr: administration
Administrator
noun
A person responsible for running a business and organization.
Example: The school administrator told me a plane had hit the building.
fr: administrateur
business
noun
business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."
Example: The company is working on expanding its business overseas.
fr: entreprise, affaire
corporation
noun
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Example: Corporation has a big building where people work.
fr: société
customers
noun
a person or organization that buys goods or services from a store or business.
Example: She is one of our best customers.
fr: clients
development
noun
The process of developing or being developed
Example: The company offers many opportunities for professional development.
fr: développement
enterprise
noun
a project or undertaking, typically one that is difficult or requires effort. A business or company.
Example: This is an unusual act of collaboration between a museum and a commercial enterprise
fr: entreprise
Leadership
noun
The action of leading a group of people or an organization.
fr: direction
management
noun
shareholder
noun
An owner of shares in a company.
Example: The fund calls their shareholders “morally responsible investors.