Business Management – Key words
Unit 1 – Introduction to Business
1. Business
2. Input-output model
3. Inputs
4. Outputs
5. Added value
6. Factors pf production
7. Land (physical resources)
8. Labour (human resources)
9. Capital (financial resources)
10. Entrepreneurship
11. Capital-intensive
12. Labour-intensive
13. Product
14. Good
15. Service
16. B2B
17. B2C
18. Consumer goods and services
19. Producer goods and services
20. Business functions
21. HRM (human resource management)
22. Finance & accounts
23. Marketing
24. Operations management
25. Interdependence
26. Economic sector
27. Primary sector
28. Secondary sector
29. Tertiary sector
30. Quaternary sector
31. Chain of production
32. Industrialization
33. Deindustrialization
34. Less developed economies
35. Developing economies
36. Developed economies
37. Startup
38. Entrepreneur
39. Intrapreneur
40. Business plan (BP)
41. Public sector
42. Private sector
43. Surplus
44. Profit
,45. Liability
46. Limited liability
47. Unlimited liability
48. Legal identity
49. Incorporated
50. Unincorporated
51. Transparency
52. Accountability
53. Sole trader
54. Partnership
55. Deed of partnership
56. Sleeping (silent) partner
57. Privately held company
58. Publicly held company
59. Shareholders
60. CEO
61. BOD
62. AGM
63. IPO
64. Flotation
65. Stock exchange
66. Dividends
67. Memorandum of association
68. Articles of association
69. Certificate of incorporation
70. Social enterprise
71. Private sector company
72. Public sector company
73. Cooperative
74. NGO
75. Compliance costs
76. Vision statement
77. Mission statement
78. Goal
79. Objective
80. Strategy
81. Tactic
82. GOST
83. Strategic level
84. Tactical level
85. Operational level
86. Senior management
87. Middle management
88. Junior management
89. Generic strategy
90. Corporate strategy
91. Operational strategy
92. Profit
, 93. Growth
94. Shareholder value
95. Ethical objectives
96. Strategic objectives
97. Tactical objectives
98. Operational objectives
99. CSR
100. Stakeholders
101. Stake
102. Internal stakeholders
103. Shareholders
104. Managers
105. Employees
106. CEO
107. External stakeholders
108. Government
109. Local community
110. Media
111. Suppliers
112. Competitors
113. Stakeholder conflict
114. Power-interest matrix/model (stakeholder mapping)
115. Stakeholder analysis
116. Economies of scale
117. Diseconomies of scale
118. Costs
119. Fixed costs
120. Variable costs
121. Total costs
122. Quantity
123. Average costs
124. Cost per unit
125. Scale of operations
126. Efficiency
127. Internal economies of scale
128. External economies of scale
129. Internal diseconomies of scale
130. External diseconomies of scale
131. Purchasing EOS
132. Marketing EOS
133. Risk-bearing EOS
134. Managerial EOS
135. Regional specialization
136. Inert working culture
137. Marketing DOS
138. Business growth
139. Business size
140. Market share
Unit 1 – Introduction to Business
1. Business
2. Input-output model
3. Inputs
4. Outputs
5. Added value
6. Factors pf production
7. Land (physical resources)
8. Labour (human resources)
9. Capital (financial resources)
10. Entrepreneurship
11. Capital-intensive
12. Labour-intensive
13. Product
14. Good
15. Service
16. B2B
17. B2C
18. Consumer goods and services
19. Producer goods and services
20. Business functions
21. HRM (human resource management)
22. Finance & accounts
23. Marketing
24. Operations management
25. Interdependence
26. Economic sector
27. Primary sector
28. Secondary sector
29. Tertiary sector
30. Quaternary sector
31. Chain of production
32. Industrialization
33. Deindustrialization
34. Less developed economies
35. Developing economies
36. Developed economies
37. Startup
38. Entrepreneur
39. Intrapreneur
40. Business plan (BP)
41. Public sector
42. Private sector
43. Surplus
44. Profit
,45. Liability
46. Limited liability
47. Unlimited liability
48. Legal identity
49. Incorporated
50. Unincorporated
51. Transparency
52. Accountability
53. Sole trader
54. Partnership
55. Deed of partnership
56. Sleeping (silent) partner
57. Privately held company
58. Publicly held company
59. Shareholders
60. CEO
61. BOD
62. AGM
63. IPO
64. Flotation
65. Stock exchange
66. Dividends
67. Memorandum of association
68. Articles of association
69. Certificate of incorporation
70. Social enterprise
71. Private sector company
72. Public sector company
73. Cooperative
74. NGO
75. Compliance costs
76. Vision statement
77. Mission statement
78. Goal
79. Objective
80. Strategy
81. Tactic
82. GOST
83. Strategic level
84. Tactical level
85. Operational level
86. Senior management
87. Middle management
88. Junior management
89. Generic strategy
90. Corporate strategy
91. Operational strategy
92. Profit
, 93. Growth
94. Shareholder value
95. Ethical objectives
96. Strategic objectives
97. Tactical objectives
98. Operational objectives
99. CSR
100. Stakeholders
101. Stake
102. Internal stakeholders
103. Shareholders
104. Managers
105. Employees
106. CEO
107. External stakeholders
108. Government
109. Local community
110. Media
111. Suppliers
112. Competitors
113. Stakeholder conflict
114. Power-interest matrix/model (stakeholder mapping)
115. Stakeholder analysis
116. Economies of scale
117. Diseconomies of scale
118. Costs
119. Fixed costs
120. Variable costs
121. Total costs
122. Quantity
123. Average costs
124. Cost per unit
125. Scale of operations
126. Efficiency
127. Internal economies of scale
128. External economies of scale
129. Internal diseconomies of scale
130. External diseconomies of scale
131. Purchasing EOS
132. Marketing EOS
133. Risk-bearing EOS
134. Managerial EOS
135. Regional specialization
136. Inert working culture
137. Marketing DOS
138. Business growth
139. Business size
140. Market share
