Business Terms Vocabulary

boss

• a person who works for another person or for a company and gets paid

• a person who starts his or her own business

• the person whose job is to tell other workers what to do

business

• the activity of making, buying, or selling goods or providing services in exchange for money

• things that are made to be sold

• work done by a company or person that does not involve making a product

CEO

• the person whose job is to tell other workers what to do

• Chief Executive Officer: the person who has the highest position in a company and makes major decisions

• a group of people who work together to sell things or provide a service

company

• a person who starts his or her own business

• a group of people who work together to sell things or provide a service

• the total amount of money that a business receives from selling goods or services

cost

• the money that is left over after expenses are paid for

• the total amount of money that a business receives from selling goods or services

• how much money is needed to buy something

employee

• a person who works for another person or for a company and gets paid

• a person or company that has people who do work for pay

• the person whose job is to tell other workers what to do