BM OBJ 1.01 B Vocab

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What is Accounting?

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The process of keeping and interpreting financial records

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Administrative services

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A career area in which employees facilitate business operations through a variety of administrative and clerical duties, including information and communication management, data processing and collection, and project tracking.

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Banking services

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A career area in which employees are primarily concerned with accepting deposits, lending funds, and extending credit to bank customers

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What is Business information management?

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An umbrella term covering those careers that provide a bridge between business processes/initiatives and IT (information technology)

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Corporate finance

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A function in a company that manages policy and strategy for (and the implementation of) capital structure, budgeting, acquisition and investment, financial modeling and planning, funding, dividends, and taxation.

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Creativity

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The ability to generate unique ideas, approaches, and solutions

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Enthusiasm

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Intense interest or excitement

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What is finance?

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The process of obtaining funds and using them to achieve the goals of the business.

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Flexibility

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The ability to adapt to changes as they occur

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What is General management?

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A career area in which employees focus on planning, organizing, directing, and evaluating part or all of a business organization through the allocation and use of financial, human, and material resources.