Business-Language.pdf

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Business Language
Business Language
Quick Reference Guide for
Small Business
2oo7
Diana Jean Guthrie
D J Arts Publication
Page | 1
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Business language reference guide
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From employees to management, understanding the terminology creates
better understanding of small business and the work place.
Reputation,,, if you wear the name, be careful how you play the game.
Everything you say or do portrays a message to someone. Be sure that
your actions portray the image that you want your business to have.
 
Business
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An organization that provides goods and services to earn profits.
Profits
The differences between businesses revenue and its expenses.
Economic system
A nations system for allocating its resources among its citizens.
Labor (human resources)
The physical and mental capabilities of people as they contribute to
economic production.
Capitol
The funds needed to create and operate a business enterprise.
Factors of production
 

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