Business Essentials Vocab Practice (3.01)

Reorder the following by defining "Executives".

• level

• top

• employees

Reorder the following by defining "Expenses".

• money

• the

• that a

• business

• spends

Reorder the following by defining "Revenues".

• income

• gross

• or

• sales

Match the following

• An organized effort to produce and/or distribute goods and services

• Supervisor

• Individual whose job involves planning, organizing, staffing, directing, &controlling for a business

• Human Resources

• Someone who provides startup money to a new business

• Manager

• An employee who oversees other employees

• Business

• People who work to produce goods and services

• Angel Investor

_______________ is anything of value that a business or individual owns.

• Asset

• Equity

• Debt

• Technology

_____________ is money businesses or individuals owe to others.

• Asset

• Equity

• Debt

• Technology

_____________ is assets minus liabilities; also known as stockholders’ (or shareholders’) equity, book value, and net worth.

• Asset

• Equity

• Debt

• Technology

________________ is scientific applications to business objectives or the methods used to attain those objectives.

• Asset

• Equity

• Debt

• Technology

Reorder the following by defining "Offshoring".

• producing

• in

• foreign

• goods

• countries

Orientation is job preparation or (a)   in which new employees are acquainted with their surroundings, receive general information about the company and its policies, and are given specific information about their jobs.