Business management glossary
Web Page Glossary
My name is Antoine Provost, I have been studying business management for two years. This is a glossary containing 13 words that people use went they talk about business management. I hope it can help some beginners in my program understand the essential words to start a business. It specifies the definition, an example, a translation, the pronunciation and the part of speech of each words. I used some texts from my different business courses to find the words and I defined them using Google and made sure my information was correct.
- net profit
- noun
- the actual profit after working expenses not included in the calculation of gross profit have been paid.
- Example: "the company reported net profits up 7.6 percent"
- fr: bénéfice net
- management
- noun
- Responsibility for and control of a company or organization.
- Example: Finance infrastructure may lead to monetary management problems.
- fr: la gestion
- competitor
- noun
- An organization engaged in commercial or economic competition with others.
- Example: Sales are susceptible to changes in consumer demand, changes in competitor pricing and an array of other external factors, meaning production may not always equal sale levels.
- fr: concurrent
- accounting
- noun
- The action or process of keeping financial accounts.
- Example: Plays a large part in accounting for variation in growth rates.
- fr: comptabilité
- asset
- noun
- Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
- Example: Assuming a debt beta of 0 would not provide an accurate estimation of the firm's asset beta.
- fr: actif
- liability
- noun
- A thing for which someone is responsible, especially a debt or financial obligation.
- Example: A loan would be needed but if the research is in depth then it would not be too much of a liability.
- fr: passif
- share
- noun
- One of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.
- Example: Review of the market In 2000 the total keyboard market was $2.2 billion (Venture Development Corporation) and ergonomic keyboards are a growing share of this.
- fr: action
- retail sale
- noun
- When a business sells a product or service to an individual consumer for his or her own use.
- Example: They have undergone vertical integration by taking possession of industries throughout the music supply chain, including distribution companies, retail sale of recordings, and manufacturing; this places high start-up costs on incoming firms.
- fr: vente au détail
- stock exchange
- noun
- A market in which securities are bought and sold.
- Example: Once we know the Beta of the New York stock exchange equals to 100000, for instance, we will be able to predict the required return on equity.
- fr: Bourse
- shareholder
- noun
- An owner of shares in a company.
- Example: Persuasion of Allisgood plc's shareholders becomes important here, and also, the fact that there is a single major shareholder, will make his persuasion even more crucial as he can greatly affect to the acceptance and rejection of the plans.
- fr: actionnaire
- enterprise
- noun
- a business or company
- Example: Survival is possible when profits are sufficient to perform their two life-giving functions which are to pay investors for the use of their savings and to increase the productive base of an enterprise so that it can remain a useful entity."
- fr: entreprise
- sales
- noun
- The exchange of a commodity for money; the action of selling something.
- Example: Sales are susceptible to changes in consumer demand, changes in competitor pricing and an array of other external factors, meaning production may not always equal sale levels.
- fr: ventes
- leadership
- noun
- The action of leading a group of people or an organization.
- Example: Such issues primarily include structure, leadership, teams and power.
- fr: leadership (anglicism)
