Business Essentials Vocab Practice (3.01)

Front

Value owned by a business or individual.

Back

Asset

Front

Money owed by businesses or individuals.

Back

Debt

Front

Assets - Liabilities; also known as stockholders’ equity, book value, and net worth.

Back

Equity

Front

Scientific applications to business objectives or methods to attain them:

Back

Technology

Front

Orientation is job prep or ______________ where new employees learn about their surroundings, company info, and job specifics.

Back

induction training

Front

Arrangement for purchasing now and paying later.

Back

Credit

Front

Funding a business activity or project through debt, equity, or venture capital.

Back

Financing

Front

Reward or cost of lending/borrowing money, usually a percentage.

Back

Interest

Front

Sum of money lent to a business or individual for a specific time, repayable with interest.

Back

Loan

Front

Marketing is the process of creating, communicating, delivering, and exchanging offerings that have _____________ for customers, clients, partners, and society.

Back

value.