Business Vocabulary

Front

What is the term for the amount of a product or service that is available to consumers?

Back

Quantity

Front

What do you call a work schedule where an employee works fewer hours than a full-time job?

Back

Part-time

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

What is the term for the highest standard of quality in service that a business aims to achieve?

Back

Excellence

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

What is the action of putting money into a business or property to earn a profit?

Back

Invest

Front

What is the term for the framework that outlines how a company operates?

Back

Business Model

Front

What do you call the plan that outlines a business's goals and the strategy to achieve them?

Back

Business Plan

Front

What is the term for the money that a business earns from its activities?

Back

Revenue

Front

What do you call the expenses that a business incurs in order to generate revenue?

Back

Costs

Front

What is the term for a person who starts and runs a business, taking on financial risks?

Back

Entrepreneur

Front

What do you call the process of promoting and selling products or services?

Back

Marketing