In this glossary, you will learn terms in the field of Business Management. Business Management. To make it short, Business Management is about planning, organizing, directing, and managing the activities of a business or organization. In this glossary, you're going to have 20 terms related to sub-field of Business Management like Accounting, Finances and Entrepreneurship.
accountant
noun
A person whose job is to keep, inspect, and analyse financial accounts.
Example: For company secretary they settled on a 34 - year - old chartered ACCOUNTANT called Michael Henshaw.
en: comptable
budget
noun
An estimate of income and expenditure for a set period of time.
Example: The very small number of poverty-focussed, gender-conscious or environmentally-sensitive projects are unlikely to ever account for more than a tiny fraction of the aid BUDGET.
en: budget
business
noun
A commercial operation or company.
Example: The importance of communication is amplified in buyer - seller relationships through the long-term impact of project failures on the future BUSINESS of IT vendors with their customers. The formal communication between IT project sponsors from buyer firms and project managers from IT vendor firms within BUSINESS to BUSINESS markets is investigated through this study.
en: entreprise
business to business
phrase
A type of commerce involving the exchange of products, services or information between businesses, rather than from a business to consumer (B2C).
Example: The formal communication between IT project sponsors from buyer firms and project managers from IT vendor firms within BUSINESS TO BUSINESS markets is investigated through this study.
en: entreprise à entreprise
contract
noun
A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.
Example: It is logically impossible, he argued, to CONTRACT to give up all one's rights, since such a CONTRACT would deprive the person of the ability to make any agreements at all.
en: contrat
cooperative
noun
A farm, business, or other organization which is owned and run jointly by its members, who share the profits or benefits.
Example: For example, the experience of members of the Women's COOPERATIVE Guild, who in both their own estimation and that of observers were adjudged respectable married women, shows that family misfortune, particularly in the form of sickness and unemployment, could quickly plunge a family into poverty, whereupon the wife would probably resort to strategies similar to those of her poorer sister.
en: coopérative
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: This strategic approach aims to optimise information and technology as valuable resources to achieve the key business objectives of the CORPORATION.
en: corporation
down payment
noun
An initial payment made when something is bought on credit.
Example: There is the sale of the family home by grandparents and the transfer of what are often quite large sums of capital to grandchildren in the form of a DOWN PAYMENT on a new home.
en: acompte
entrepreneur
noun
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Example: The essay Founder-CEOs and Stock Market Performance studies large public firms that are still headed by the ENTREPRENEUR who founded the firm.
en: entrepreneur
franchise
noun
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
Example: At Bury St Edmunds the FRANCHISE was vested in the thirty - seven members of the corporation, but the complexion of the electorate could only be altered when a vacancy occurred naturally in their ranks.
en: franchise
investor
noun
A person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Example: Michael Heseltine (1987, p. 138) has since claimed that "we set a new objective: to make the inner cities places where people would want to live and work and where the private INVESTOR would be willing to put his money".
en: investisseur
loan
noun
A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
Example: In spite of some grumbling in London, the LOAN was a triumphant success, bringing in £112,000.
en: prêt
management
noun
The responsibility for and control of a company or organization.
Example: This thesis examines the globalization of construction and real estate companies through mergers and acquisitions using a modern MANAGEMENT approach and a practical analysis of selected case studies.
en: gestion
market
noun
An area or arena in which commercial dealings are conducted.
Example: In the latter part of the 1990's there was much discussion about disintermediation, the expansion of MARKET- spaces (virtual MARKET-spaces), and the advent of universal procurement (procurement open to anyone with a website).
en: marché
meetings
noun
An assembly of people, especially the members of a society or committee, for discussion or entertainment.
Example: Effectiveness of project sponsor and manager communication is found to be decreased through written statements about recent achievements, and increased through face- to-face MEETINGS of the parties.
en: réunions
profit
noun
A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Example: The effect of such a drastic change of ownership, especially of tribal lands, would have been to bring new capital into the area with development programmes to exploit the land for PROFIT.
en: profit
publicity
noun
The giving out of information about a product, person, or company for advertising or promotional purposes.
Example: The dramatic "coup" at the general meeting, coupled with the PUBLICITY made by the writers of the circle, sufficed to provoke an exceptional amount of interest in the contents of these rooms even before the Vernissage.
en: publicité
salesperson
noun
A person whose job is to sell a product or service in a given territory, in a store, or by telephone : a salesman or saleswoman.
Example: Someone sensitive and caring might make a better leader or SALESPERSON than someone more competitive.
en: vendeur
shareholder
noun
An owner of shares in a company.
Example: Although laws were passed in the 1960s, reducing the share of United States' capital in the firm, it still remains the major SHAREHOLDER.
en: actionnaire
team management
phrase
It's the ability of an individual or an organization to administer and coordinate a group of individuals to perform a task.
Example: Clearly flexible TEAM MANAGEMENT is needed at such busy periods.
