Business Vocabulary Flashcard

Front

What does delegate mean?

Back

To give a job or duty to someone else.

Front

What does empower mean?

Back

To give someone authority.

Front

What does hands-on mean?

Back

Having practical experience.

Front

What is an inquiry?

Back

The act of requesting information.

Front

What is an outlet?

Back

A store that is one of many owned by a particular company.

Front

What is a business strategy?

Back

A plan of action designed to achieve a particular goal in business.

Front

What does market research involve?

Back

The process of gathering, analyzing, and interpreting information about a market.

Front

What is a target audience?

Back

A specific group of consumers at which a company aims its products and services.

Front

What does ROI stand for?

Back

Return on Investment, a measure used to evaluate the efficiency of an investment.

Front

What is a brand?

Back

A name, term, design, symbol, or other feature that distinguishes one seller's goods from those of others.