Business Organizations

Removing work from one company & sending it to another company that can complete it at a lower cost is called

• rightsizing

• downsizng

• freelancing

• outsourcing

Any paid form of nonpersonal communication that uses mass media to deliver a business's message to their target audience.

• Budgeting

• Management

• Marketing

• Advertising

People producing goods & services are called

• human resources

• natural resources

• capital resources

• limited resources

The activities a business uses to get consumers to buy their products or services.

• Product

• Promotion

• Place

• Price

Extra incentives given to employees to keep them from working at another business.  

• Salary

• Benefits

• Resume

• Interview

................rules are the rules by which an organization buys the products or services it needs from other organizations

.......................means “connecting critical business systems directly to critical constituencies – customers, vendors, and suppliers via the Internet, Extranets, and Intranets.”

• e-business

• e-commerce

................the marketing, buying and selling of products and services on the Internet

• e-business

• e-commerce

• e-marketing

...... ...... ...... .....means a business have both an electronic as well as physical existence.

....................means the information issued within a business.

• external business information

• international business information

• internal business information