EntI_Unit 4 Vocabulary Test

The buying of goods and services for a business.

• production

• operations

• purchasing

• retailers

The quantity of something that producers have available for sale

• budget

• inputs

• supply

• buyer

an estimate of income and expenditure for a set period of time.

• budget

• agents

• buyer

• supply

To make something, especially on a large scale using machinery.

• manufacturer

• manufacture

• financial flow

• guarantee

capable of being touched; real, concrete

• agents

• tangible

• guarantee

• retailers

A written offer to a supplier to buy specified items.

• manufacturer

• financial flow

• operating expenses

  
  

• purchase order

All of the expenses involved in running a business

• information flow

  
  

• purchasing

• operating expenses

• financial flow

not material

• invoice

• intangible

  
  

• tangible

• manufacture

the movement of financial assets throughout the supply chain

• manufacture

• information flow

• financial flow

• manufacturer

a company's or a store's written agreement to repair a product or refund your money if the product doesn't function properly

• negotiation

• warranty

• agents

• operations