| A | B |
|---|
| accountant | An individual who has had specialized trining in accounting work |
| accounting | The process of keeping and interpreting financial records |
| business | An organized effort to produce and/or distribute goods and services |
| business activities | Specific actions that are part of the operation of a business |
| controlling | The management function that monitors the work effort |
| directing | The management function of providing guidance to workers and work projects |
| economic resources | The human and natural resources and capital goods used to produce goods and services |
| finance | The process of obtaining funds and using them to achieve the goals of the business |
| for profit business | A business whose overall purpose is to earn a profit |
| management | The process of coordinating resources in order to ccomplish an organization's goals |
| manager | An individual in a business who performs management functions |
| marketing | The process of planning and executing the conception, pricing, promotion, and distribution of products to create exchanges that satisfy individual and organizational objectives |
| not for profit business | A business whose intent is to make enough money to support its existence |
| organizing | The management function of setting up the way the business's work will be done |
| planning | The management function that involves deciding what work will be done and how it will be accomplished |
| primary business activities | The basic business activities that all businesses must carry out in order to operate the business |
| production | the creation of goods and services from economic resources |
| staffing | the management function of finding workers for the business |
| utility | Usefulness, capable of satisfying wants and needs |
