Business Essentials Vocab Practice (3.01)

Reorder the following by defining "Executives".

• top

• employees

• level

Reorder the following by defining "Expenses".

• that a

• spends

• business

• money

• the

Reorder the following by defining "Revenues".

• sales

• or

• income

• gross

Match the following

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

• Business

• People who work to produce goods and services

• Manager

• Someone who provides startup money to a new business

• Supervisor

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

• Angel Investor

• 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".

• countries

• goods

• producing

• in

• foreign

Orientation is job preparation or ______________ 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.