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EV_Locate and Set Up Your Business_Ch8 5ed

Vocabulary Builder

AB
e-commerceBuying and selling products or services over the Internet
enterprise zonesAreas that suffer from lack of employment opportunities
gross leaseA lease in which the tenant pays rent each month for the space occupied, and the landlord covers all property expenses for that space
industrial parkA section of land that is zoned for industrial businesses only
inventoryThe products and the materials needed to make the products that a business sells to its customers
landlordThe person who owns and rents out buildings or space
net leaseA lease in which the landlord pays building insurance and the tenant pays rent, taxes, and any other expenses
percentage leaseA lease in which the tenant pays a base rent each month, and the landlord also receives a percentage of the tenant's revenue each month
quoteAn estimate of how much you will pay for merchandise or services
reorder pointA predetermined level of inventory that signals when new stock should be ordered
tenantPerson who pays rent to occupy space owned by someone else
trade areaThe area from which a business expects to attract customers
vendorsCompanies that sell products and services to businesses
visual merchandisingThe process of combining products, environments, and spaces into an appealing display to encourage the sale of products or services


BCS Teacher
Savannah High School
Savannah, GA

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