Shared Flashcard Set

Details

Finnley Vocab
N/A
16
Business
9th Grade
01/11/2010

Additional Business Flashcards

 


 

Cards

Term
Buisness
Definition
Organization that produces or distributes a good or service
Term
Production
Definition
1st activity of a business that involves making or providing a service
Term
Manufacturing Firms
Definition
Produce goods
Term
Service Firms
Definition
provide assistance to satisfy specialized needs through skilled workers
Term
finance
Definition
Deals with all the money matters related to running a business
Term
Industrial Business
Definition
produce goods used by other businesses or organizations to make things
Term
Third World Countries
Definition
have few manufacturing firms and a population that is generally poor
Term
commercial business
Definition
are engaged in marketing [whole sales &retailers]
Term
Industry
Definition
all businesses within a category
Term
Global competition
Definition
the ability of profit making organizations to compete with businesses in other countries
Term
effectiveness
Definition
means making the right decisions about what products &services to offer customers and how to produce/deliver them.
Term
efficiency
Definition
producing needed goods or services quick&at a low cost
Term
Domestic Goods
Definition
Products made by US firms
Term
domestic
Definition
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