A | B |
Orientation | Job preparation or induction training in which new employees are acquainted with their surroundings, receive general information about the company and its policies, and are given specific information about their jobs |
Purchasing | The process of acquiring the goods and services necessary to keep production going and to accomplish business goals |
Quality control | Ensuring the degree of excellence of a good or service |
Overhead | Business expenses for things such as payroll, rent, and utilities |
Production | The process or activity of producing goods and services |
Profit | Monetary reward a business owner receives for taking the risk involved in investing in a business |
Recruiting | Seeking out and attracting qualified potential employees |
Outsourcing | Acquiring assistance from outside organizations/consultants to perform primary business activities |