My name is Celia, and it's my second year in the program: Business Management. My glossary will be for all the students in the same program as mine. Management is the organisation of your team to reach your goals. My glossary would help the people that are not enough organize in their businesses and end up going bankrupt to reach their goals and learn them how to not fail in their businesses. My glossary has 20 terms and definitions. I find the words and definitions in my Actively Engaged Online book by Nicholas Walker, at the pages 251 to 258. I want my reader to take his time to read my glossary, my 20 terms and definitions.
Account
Noun
A register of financial transactions providing access to funds on demand, through a variety of different channels.
Example: The second financial measure is the profit and loss ACCOUNT; this shows the wealth created by a business in a given period of time. On the profit and loss ACCOUNT there is information on revenues and expenses, which includes tax and depreciation.
fr: Compte
Bankrupt
Noun
When a person or organization declared in law is unable to pay outstanding debts.
Example: A lot of them quickly faced various problems and by 1996, of the 80 companies that had started up, 60 went BANKRUPT.
fr: En faillite
Budget
Noun
An estimate of income and expenditure for a set period of time.
Example: SEN2 is a new product, thus a BUDGET $4000 needs to be spent on advertising to make consumers aware of the product.
fr: Budget
Company
Noun
A business organization that makes, buys, or sells goods or provides services in exchange for money.
Example: Suppliers are concerned about payment of debt of COMPANY and availability of liquidity.
fr: Entreprise
Competitor
noun
A rival organization that is engaged in commercial or economic competition with others.
Example: In this highly competitive market, the COMPETITOR's ability to react swiftly to change should be evaluated - seen be able to adapt and strike back quickly.
fr: Concurrent
Consumer
noun
A person who buys goods and services.
Example: If a product only triggered off neutral feelings, then CONSUMER's attitude and then behaviour would not be likely to change, but here an element of surprise is involved.
fr: Consommateur
Employee
noun
A person who works for another in return for financial or other compensation.
Example: An EMPLOYEE who is experiencing a discomfort states the request for a new keyboard to the purchasing department or the business management.
fr: Employé
Entrepreneur
noun
A person who organizes, operates, and assumes the risk for a business venture.
Example: This essay has identified a combination of needs, motivations and attributes that support my possibilities of becoming an independent ENTREPRENEUR.
fr: Entrepreneur
Meeting
noun
A gathering of people to talk.
Example: Before each MEETING an agenda is distributed which contains the layout for the MEETING. This provides the schedule for the MEETING, with the topics that will be discussed, who will present the topics and how long each topic should take.
fr: Réunion
Money
noun
A medium of exchange in the form of banknotes, coins, etc, issued by a government or other authority.
Example: Unhappy employees can be a drag on resources, as not only will their presence be costing MONEY, but also they may not use equipment in an efficient manner.
fr: Argent
Office
noun
A room, set of rooms, or building used as a place for commercial, professional, or bureaucratic work.
Example: OFFICE Address: 2994 4, Street No. 17 Ranjeet NagarNew Delhi-110008 India OFFICE Phone: 91-11-5701203, 5703041 Website: The objective is to determine the number of check-in points and off-loading points required so that all lorries finish their tasks by 5pm.
fr: Bureau
Partner
noun
A person who shares or is associated with another in some action or endeavour; sharer; associate.
Example: To prevent such an occurrence, the agreement should provide the parties with the right to terminate the joint venture upon a change in control of one of the joint venturers, or to buy the interest held by a PARTNER that is acquired by a third party (Johnson 2000).
fr: Partenaire
Price
noun
The amount of money expected, required, or given in payment for something.
Example: Last minute dot com provide a means of purchasing goods and services at a reasonable PRICE, they are mainly an internet company but have slightly divulged into both modern and more conventional forms of communication to ensure the medium for which they mainly choose as their 'place' to sell goods doesn't effect their sales.
fr: Prix
Product
noun
Something made to be sold; merchandise.
Example: Last minute dot com can be looked upon as an intermediary, describing them selves as agents they act on the behalf of the manufacturer and make their PRODUCT and service more accessible to consumers by ' bring together lat minute buyers with last minute sellers'.
fr: Produit
Publicity
noun
Something that attracts the attention of the public.
Example: Breaking the Rules, Stretching the Rules Report 2004, the International Baby Food Action Network (IBFAN) This approach may provide positive PUBLICITY, stronger brand affiliation or liking from consumers, and ultimately may be a source of competitive advantage. Nestle is the world's largest food company and despite some negative PUBLICITY recently, has always been very successful in its operations, making a profit billion of in 2004.
fr: Publicité
Salary
noun
A fixed regular payment made by an employer, often monthly, for professional or office work as opposed to manual work.
Example: The introduction of an annual SALARY, based on individual performance ability further suggests greater westernization.
fr: Salaire
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: Wanting to prove her determination to break the power of the unions after the victory of the miners in the strike of 1972, she asks her Employment SECRETARY, Jim Prior, to make picketing illegal.
fr: Secrétaire
Seller
noun
The party that makes a sale to a buyer. Also called vendor.
Example: Bargaining power of Buyers: the strength of the buyer's position i.e many or few sellers? Bargaining power of Suppliers: the strength of the SELLER's position i.e many or few other sellers and how many potential buyers are there?
fr: Vendeur
Store
noun
A building or room where things are sold.
Example: The STORE was opened in 1998, employs 30 staff in total with 2 full time managers and has a yearly turnover of £4.1million.
fr: Magasin
Tax
noun
A compulsory financial contribution imposed by a government.
Example: Business Rates The form of local TAX paid by businesses is known as Uniform Business Rate (UBR), or the National Non Domestic Rates, (NNDR).
