20 my field of study in my Technology of Business Management terms
The glossary was created to help students in the Technology of Business Management program better understand and use key terms from the field of business.
Accounting
noun
Recording, analyzing, and reporting financial transactions
Example: The accounting department prepared the company's financial statements
en: Comptabilite
Communication
noun
The exchange of information to achieve mutual understanding in business
Example: Clear communication prevents misunderstandings in a business team
en: communication
Decision-Making
noun
The process of choosing the best option among alternatives
Example: Strong decision-making skills help managers solve problems quickly
en: Prise de decision
Economics
noun
The study of production, distribution, and consumption of goods and services
Example: Economics helps us understand how supply and demand affect prices
en: Economie
Entrepreneurship
noun
The process of creating and managing a new business venture
Example: entrepreneurship requires creativity and the courage to take risks
en: Entrepreneuriat
Ethics
noun
Principles that guide moral decision-making in business
Example: The company follows strict ethics to ensure fair treatment of workers
en: Ethique
Finance
noun
The management of money, investments, and other assets within a business
Example: He decided to study finance to learn how business manage money
en: Finance
Globalization
noun
the expansion of businesses and markets on an international scale
Example: Globilization allows businesses to reach customers all around the world
en: Mondialisation
Human Resources
noun
The department focused on recruitment, training, and employee relations
Example: Human resources hired five new employees for the sales department
en: Ressource humaines
Innovation
noun
The development of new ideas, products, or processes
Example: Innovation drives businesses to create new products and stay competitive
en: innovation
Leadership
noun
The ability to guide and motivate people toward objectives
Example: Her leadership inspired the team to work harder and stay motivated
en: Direction
Management
noun
the process of planning, organizing, leading, and controlling resources—such as people, finance, and materials—to achieve an organization's goals effectively and efficiently
Example: Good management helps a company achieve its goal efficiently
en: Gestion
Marketing
noun
Activities that promote and sell products or services, including market search
Example: Marketing plays a key role in promoting a brand to the public
en: Commercialisation
Negotiation
noun
Reaching agreements through discussion and compromise
Example: The two companies entered negotiation to agree on a contract
en: Negociation
Operations Management
noun
Overseeing production processes and improving efficiency
Example: Operations management ensures products are made on time and with quality
en: Gestion des operations
Organizational Behavior
noun
The study of how individuals and groups act within organizations
Example: Organizational behavior studies how employees interact in a workplace
en: Comportement organisationnel
Productivity
noun
The measure of efficiency in producing goods or services
Example: New technology increased the factory's productivity by 20%
en: Productivite
Project management
noun
Planning and executing tasks to complete projects efficiently
Example: Project management helped the team finish the new app on time
en: Gestion de project
Strategy
noun
A long-term plan to achieve competitive advantage and organizational success
Example: The company created a new marketing strategy to attract younger customers
en: Stratégie
Supply Chain
noun
The network involved in producing and delivering a product or service
Example: A global supply chain connects factories, warehouses, and stores worldwide