| A | B |
|---|
| Accounting | The process of recording and reporting the financial data for a business. |
| Management | The process of leading and directing all or part of an organization. |
| Marketing | The process of creating, promoting, and presenting a product to the consumer. |
| Information Technology | The process of developing, installing, and implementing computer information systems and applications. IT includes the support and maintenance of computer hardware and software. |
| Operations | The activities involved in the day-to-day running of a business for the purpose of producing value for the stakeholders |
| Human Resources | The activites that deal with the hiring, firing, training, and other personnel issues. |
| Franchise | A contract between a parent company and a franchisee to use the name and sell the goods or services of the parent company, such as Char-Grill. |
| Non-Profit Organization | A business whose goal is to provide a service rather than to make a profit, such as the American Red Cross. |
| Corporation | A business considered separate from the owners of the business by law. The owners are the stockholders. |
| Multi-National Corporation | A company that does business and has business facilities in many countries, such as Coca Cola. |
