It could be a person, like a customer, or a business, like a client. Discover the basics that you need to remember in our glossary of business terms below. Secondary indus try the industry which manufactures goods using the raw materials provided by primary industry. Cambridge igcse business studies book pdf by peter stimpson, karen borrington 4th edition endorsed by cambridge assessment international education for full syllabus coverage.
Below is a list of common small business lending terms and their definitions often seen and heard in the loan process, to help you better understanding the nuts and bolts of a loan, business financials, and other related information. Glossary of business terms e home business, start a. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. Glossary of business terms for words starting with c on entrepreneurship, finance, accounting, general management, ecommerce, online marketing, etc. Our glossary of business terms provides definitions for common terminology and acronyms in business plans, accounting, finance, and other aspects of small business. Glossary of business terms the terminology associated with business can often be confusing, with many words having several interpretations. Entrepreneur a person who owns and runs their own business and takes risks. If youre a new business owner, you may be hearing some terms youre not familiar with. Many businesses use credit for supplies, raw materials, or inventory purchases. This means preparing for unwanted and unlikely possibilities. Commonly referred to as a transnational corporation, is a large business with a home base in one country that operates partially owned or wholly owned businesses in other countries.
Glossary of business terms a to z business the guardian. Glossary of business terms c home business, start a. Study key terms of business flashcards flashcards at proprofs key terms for aqa business studies as level. A comprehensive glossary of business analyst terms. The third class of statistics is design and experimental statistics. In order to be such a professional, you need to sound and act like one a practitioner who can express themselves articulately to peers. Foster a deeper understanding with a wide range of international case studies and exam preparation matched to the key knowledge students need for success. Help with sba glossary if you did not find what you are looking for in the glossary, try searching the entire sba site next.
More sophisticated use will provide materials and interaction through the internet and for computer and video conferencing, the electronic submission of assignments. At the simplest level e mail is used for studentstudent and studentfaculty contact, and materials are delivered as electronic files through e mail or ftp file transfer protocol. The guide lists the definitions alphabetically and is also useful for business studies students. This glossary is designed to clarify the terminology as used in the junior cycle business studies specification to enable teachers and students to understand how the terms are interpreted and applied. Glossary of acquisition terms advance payments for a payment made before any performance of work under a noncommercialitem noncommercial contract.
A business may produce a contingency plan in case of. This specification contains the information you need to deliver the pearson btec level 3 national diploma in business. The file format refers to the internal format of the file, not how it is displayed to users. Supply chain management is an integrating function with primary responsibility for linking major business functions and business processes within and across companies into a cohesive and highperforming business model. There are two meanings relating to this word in business.
These unique stamps set each document page apart, allowing them to be clearly identified by all parties involved in litigation. Using vocabulary in business and economics as a business and economics student, it is important you see yourself as a developing professional in your particular discipline. Glossary of business terms a to z handy definitions of financial and economic jargon from libor and quantitave easing to black swans and dead. The good news is, were here to clarify exactly what the most common business terms mean. Glossary of health coverage and medical terms page 1 of 4 glossary of health coverage and medical terms this glossary has many commonly used terms, but isnt a full list. Goods or service adapted in either product, distribution or advertising form to take account of unique conditions in any one countryies. Appendix 2 glossary of terms used for internallyassessed units.
Chapter 3 commonly used statistical terms there are many statistics used in social science research and evaluation. A pdf file captures document text, fonts, images, and even formatting of documents from a variety of applications. Italicized terms within the definitions are themselves defined elsewhere in the glossary, for crossreference. Enterprise a willingness by an individual or a business to take. A unit of work performed as part of an initiative or process. To start and run a business, you often need to understand business terms that may not be well defined in a standard dictionary.
This glossary contains nontechnical descriptions of all the terms in economics for everyone highlighted in small capitals. Gcse business glossary pdf version gcse business glossary word version feedback. Credit allows you to download with unlimited speed. Pdf portable document format definition tech terms. Key words glossary for edexcel gcse 91 business theme 2. A debtor, as the term suggests, is someone who is in debt to you. Ks4 glossary to support the gcse business qualification. Contained in our glossary are all the principal terms used by businesses and their employees on a daily basis. Glossary of business terms for words starting with e on entrepreneurship, finance, accounting, general management, ecommerce, online marketing, etc. The specification signposts you to additional handbooks and policies. Glossary from cambridge english for business studies. When someone procures your products or services they usually have to pay instantly or within 30 days. Listed below are 50 key terms that aqa buss1 students need to ensure they understand and can define explain in the exam.
Pdf is a multiplatform file format developed by adobe systems. You can email a pdf document to your friend and it will look the same way on his screen as it looks on yours, even if he. The two main areas of statistics are descriptive and inferential. Students learning english as an additional language or dialect eald national literacy and numeracy learning progressions. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. The information files and references provided on this microsite are for general support and guidance purposes only, to supplement existing teacher resources.
Market research the process of gaining information about customers, competitors and market trends through collecting primary and. Acrobat reader standalone program or web browser plugin from adobe that lets you view a portable document format pdf file in its original format and. Key terms of business flashcards flashcards by proprofs. Term concise definition primary industry the industry which extracts the natural resources of the earth. Descriptive statistics involve the tabulating, depicting, and describing of collections of data. Summary of pearson btec level 3 national diploma in business. Poverty defined with respect to an absolute material standard of living. The description of how a file is represented on a computer disk. Gcse business studies unit 1 keywords and definitions unit 1. This is an accounting term that refers to the credit debt your business has incurred. Whether youre talking about a global corporation or a small business, this terminology is relevant. Whilst we will endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, about the completeness, accuracy, reliability. The operations manager oversees this process by planning production, organising inputs, motivating employees, and monitoring and controlling the outputs. Economist somebody who studies the consumption, distribution and production of wealth in a society.
No matter what business you go into youre likely to hear these terms. This website and its content is subject to our terms and conditions. Contingency plans enable a business to be in a better position to manage a crisis, rather than to try and simply cope with it when it occurs. Home content summary and key terms case study forums summary operations is the key business function concerned with the transformation of inputs into outputs. Glossary of business management terms the balance careers. The format usually corresponds to the last part of the file name extension, e. Key word glossary for edexcel gcse 91 business theme 1. These glossary terms and definitionsare intended to be educational and may be different from the terms and definitions in your plan. One country enjoying total lower costs of production than another country ies. Adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Gcse business studies unit 1 keywords crawshaw academy. This list of 30 business phrases can help you understand some of the jargon.
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