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Business Essentials 3.01 Vocab

AB
Financial analysisThe process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources.
Human resources managementThe process of planning, staffing, leading, and organizing the employees of the business.
Information managementThe process of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data.
MarketingThe process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
OperationsThe day-to-day activities required for continued business functioning.
OutsourcingThe usage of outside organizations or consultants to perform one or more of the primary business activities.
ProductionThe process or activity of producing goods and services.
Strategic managementThe process of planning, controlling, and organizing an organization or department.


West Forsyth HS
Clemmons, NC

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