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30 Cards in this Set

  • Front
  • Back


Delegating

Giving power to multiple people

Leadership

Providing direction and vision

Human Relations

The ability to communicate with people

Transfer

Moving jobs with the same pay and same rank

Separation

When you leave your job for any reason

Promotion

When you move up in rank at your job and pay

Job description

Tells you what the job is all about

Balance Sheet

I financial report on of your company given on a certain day

Asset

Anything a company owns of value

Budget

Managing your money before you get it

Market

A group of customers who share common wants and needs and can buy product

Channel of distribution

A particular way to direct products to consumers

Marketing Mix

The 4 P's (Product, Place, Promotion, Price)

Break Even Point

The point when you pay back your expenses and make profit

Target Marketing

Finding and analyzing potential customers in a given market

Advertising

The non-personal form of communication trying to sell you something

Mass Media

Means of communication such as TV, radio, and newspaper

Transit Advertising

Posters placed on the sides of buses, subways, trains, and airports

Direct-mail Advertising

ads sent by mail to peoples home

Cyber ads

Internet ads

Deposit

Putting the money in the bank

Money

anything people accept as a standard of currency

Withdrawal

Taking money out of the bank

Interest

The rate the bank pays you for keeping your money in there

Credit Rating

A measure of a person's ability and willingness to pay on time

Credit

an agreement to get money goods, or services now in exchange for a promise to pay in the future

Installment loan

loans repaid in regular payments

Debtor

borrows money from lender

Federal Reserve System

Keeps the money in the banks regulated

Creditor

Lendor of money