Business Words & Terms

5. A risk management strategy that mixes a wide variety of investments within a portfolio.
8. Using borrowed capital for an investment, expecting the profits made to be greater than the interest payable.
9. The process of converting or establishing something into legal tender or making a profit from it.
11. Comparing one's business processes and performance metrics to industry bests or best practices.
13. Meeting the needs of the present without compromising the ability of future generations.
17. The availability of liquid assets to a market or company, or how quickly something can be converted into cash.
18. An individual or group with an interest in the success of a business, including shareholders, employees, and customers.

1. The amount of money taken by a business in a particular period or the rate at which employees leave a company and are replaced.
2. The assignment of responsibility or authority to another person to carry out specific activities.
3. The action of making the best or most effective use of resources or situations.
4. A system in which entrepreneurs purchase the rights to open and run a business from a larger corporation.
6. The continued possession, use, or control of something, especially referring to keeping employees or customers.
7. Ensuring that a company adheres to all laws, regulations, and standards.
10. The detailed coordination of complex operations involving people, facilities, and supplies.
12. The process of buying or acquiring another company or its assets.
14. The selling of goods in large quantities to be retailed by others.
15. The combined power of a group of things when they are working together that is greater than the total power achieved by each working separately.
16. To obtain goods or services from an outside or foreign supplier, especially in place of an internal source.