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EC-071 Glossary 3

AB
Human resourcesPeople who work to produce goods and services
IncomeThe money received by resource owners and by producers for supplying goods and services to consumers
InterestThe reward or cost of lending or borrowing money, usually figured as a percentage of the amount
Information managementThe process of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data
Job descriptionThe official statement of job duties an employee must perform
Inventory managementThe process of supervising and controlling the number of finished products a company has in stock
LoanA sum of money lent to a business or an individual for a specific time period that is repayable with interest
Human resources managementThe process of planning, staffing, leading, and organizing the employees of the business


Business Marketing Teacher, Career Technical Education
CENTRAL CABARRUS HIGH SCHOOL
Concord, NC

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