ESP-Unit 1-Business Administration-vocab

The business was started by a couple of _______ young women.

• enterprising

• individual

• structural

• surprising

The services of staff were recognized. The _______ has offered staff a three percent pay increase.

• business

• management

• resource

• employee

A business organization, also known as

_______.

• building block

• entrepreneurship

• enterprising entity

• merchandising

Who normally organizes activities of a

business organization?

• business management

• business coordinators

• business organizers

• business advisers

Business management includes the production of materials and

involves both _______ and marketing.

• quality

• motivation

• innovation

• sales

The business is typically run by

the manager who undertakes key decisions about _______, marketing,

and all operations affecting profitability.

• coordination

• manufacturing

• financing

• staffing

In corporate business, a group of people acts as a _______.

• enterprise

• corporation

• legal liability

• single entity

A small business is

normally run and managed by one person or by a

small group of people that ranges between _______ employees.

• 100 to 500

• 20 to 40

• 10 to 20

• 10 to 100

Medium-sized businesses accommodate between _______ employees, with annual gross sales mounting to _______ million.

• 100 and 499 - 50$

• 500 and 1000 - 100$

• 200 and 600 - 150 $

• 1000 and 3000 - 200 $

The value of a company, divided into many equal parts owned by the shareholders, or one of the equal parts into which the value of a company is divided

• Conduct

• Innovation

• Equity

• Management