BB40 1.01 Careers Vocabulary

Front

the ability to adapt to changes as they occur

Back

flexibility

Front

a contractual agreement in which one company will pay for specified losses incurred by the other company in return for installment payments

Back

insurance

Front

the process of keeping and interpreting financial records

Back

accounting

Front

an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relations in ways that benefit the org. and its stakeholders

Back

marketing

Front

the process of having the right goods in the right place at the right time in order to make a profit

Back

merchandising

Front

a marketing function that involves determining client needs and wants and responding through planned, personalized communication that influences purchase decisions and enhances future business opportunities

Back

selling

Front

the career area in which employees are primarily concerned with accepting deposits, lending funds, and extending credit to bank customers

Back

banking services

Front

A career area in which employees facilitate business operations through a variety of administrative and clerical duties, including information and communication management, data processing and collection, and project tracking.

Back

administrative services

Front

a career area in which employees focus on marketing activities that inform, remind, and/or persuade the targeted audience of ideas, experiences, goods/services, and/or images

Back

marketing communications

Front

an umbrella term covering those careers that provide a bridge between business processes/initiatives and IT (information technology)

Back

business information management