Business Essentials Vocab Practice (3.01)

Reorder the following by defining "Executives".

• level

• top

• employees

Reorder the following by defining "Expenses".

• money

• that a

• spends

• the

• business

Reorder the following by defining "Revenues".

• income

• gross

• sales

• or

Match the following

• Someone who provides startup money to a new business

• Manager

• People who work to produce goods and services

• Angel Investor

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

• Supervisor

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

• Business

• An employee who oversees other employees

• Human Resources

_______________ 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".

• goods

• foreign

• in

• countries

• producing

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.