Glossary

Glossary

Management: Management in business and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Wikipedia

Business: A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers. Wikipedia

Marketing: Marketing is the methodology of communicating the value of a product or service to customers, for the purpose of selling that product or service. Wikipedia

Customer: A customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product, or idea, obtained from a seller, vendor, or supplier for a monetary or other valuable consideration. Wikipedia

Profit: Profit is an income distributed to the owner in a profitable market production process (business). Wikipedia

Outsourcing: Outsourcing involves the contracting out of a business process to another party (compare business process outsourcing). Wikipedia

R&D: Research and development (R&D), also known in Europe as research and technical (or technological) development (RTD), is a general term for an activities related to the enterprise of corporate or governmental innovation. Wikipedia

Headquarters: Headquarters (HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. Wikipedia

Market: A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. Wikipedia

Bonus: Bonus is money paid relating to how well one works. Car salesmen or production line workers, for example, may be paid in this way, or through commission. Wikipedia

Promotion: A promotion is the advancement of an employee’s rank or position in an organizational hierarchy system. Wikipedia

Asset: An asset is an economic resource. Wikipedia

Recruitment: Recruitment refers to the overall process of attracting, selecting and appointing suitable candidates for jobs within an organisation, either permanent or temporary. Wikipedia

Sales: A sale is the exchange of a commodity for money or service in return for money or the action of selling something. Wikipedia

Glossary

Presentation: A presentation is the process of presenting a topic to an audience. It is typically a demonstration, lecture, or speech meant to inform, persuade, or build good will. Wikipedia

Contract: A contract (or informally known as an agreement in some jurisdictions) is an agreement having a lawful object entered into voluntarily by two or more parties, each of whom intends to create one or more legal obligations between them. Wikipedia

Investor: An investor is a person who allocates capital with the expectation of a financial return. Wikipedia

Stock: The stock (also capital stock) of a corporation constitutes the equity stake of its owners. Wikipedia

Bond: A bond is an instrument of indebtedness of the bond issuer to the holders. Wikipedia

Security: A security is a tradable financial asset of any kind. Wikipedia

Commodity: A commodity is a marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services. Wikipedia

Shareholder: A shareholder or stockholder is an individual or institution (including a corporation) that legally owns a share of stock in a public or private corporation. Wikipedia

Entrepreneur: Entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure. Wikipedia

Entrepreneurship: Entrepreneurship is the process of starting a business or other organization. Wikipedia

Sole proprietorship: A sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that is owned and run by one natural person and in which there is no legal distinction between the owner and the business. Wikipedia

Limited company: A limited company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Wikipedia

Privately held company: A privately held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company’s stock is offered, owned and traded or exchanged privately. Wikipedia

Public company: A public, publicly traded, or publicly held company is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets. Wikipedia

Limited liability Company: A limited liability company (LLC) is the U.S.-specific form of a private limited company. It is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. Wikipedia

Liquidation: Liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are redistributed. Wikipedia

Initial public offering: Initial public offering (IPO) or stock market launch is a type of public offering in which shares of stock in a company usually are sold to institutional investors (that price the company receives from the institutional investors is the IPO price) that in turn sell to the general public, on a securities exchange, for the first time. Wikipedia

Primary market: The primary market is the part of the capital market that deals with issuing of new securities. Wikipedia

Secondary market: The secondary market is also called aftermarket, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold. Wikipedia

Shareholder resolution: Shareholder resolutions are proposals submitted by shareholders for a vote at the company’s annual meeting. Wikipedia

Board of directors: A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Wikipedia

Startup: A startup company or startup is a company, a partnership or temporary organization designed to search for a repeatable and scalable business model. Wikipedia

Business plan: A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. WikipediaServices