Mid-Term Vocab

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Across
  1. 5. is an event at which something, such as a book or product, is presented to the public for the first time and is also the act of creating, presenting or promoting a new product.
  2. 6. an amount of money deposited with a bank, as in a checking or savings account
  3. 7. is debt that the company is obligated to repay according to the loan's terms and conditions.
  4. 8. the systematic and comprehensive recording of financial transactions pertaining to a business,
  5. 11. - The process of strategically managing the efficient flow
  6. 13. - the right to take another's property if an obligation is not discharged
  7. 15. of directors is a group of individuals that are elected as, or elected to act as, representatives of the stockholders to establish corporate management related policies and to make decisions on major company issues.
  8. 16. a person's regular occupation, profession, or trade.
  9. 19. An industry is a classification that refers to groups of companies that are related based on their primary business activities.
  10. 20. a financial plan for the future concerning the revenues and costs of a business.
Down
  1. 1. Grants are non-repayable funds or products disbursed or gifted by one party
  2. 2. Resources A human resources department is a critical component of employee well-being in any business, no matter how small.
  3. 3. Investing is the act of committing money or capital to an endeavor
  4. 4. Rate has two components, the domestic currency and a foreign currency, and can be quoted either directly or indirectly. In a direct quotation, the price of a unit of foreign currency is expressed in terms of the domestic currency.
  5. 9. Service Department Customer service is the process of ensuring customer satisfaction with a product or service
  6. 10. are one of the ways employers reward their employees for a job well done.
  7. 12. implies that everyone accepts and supports the decision, and understands the reasons for making it. See also collective responsibility.
  8. 14. - The formal decision making process used when considering the economic feasibility of implementing information security controls and safeguards
  9. 17. represents funds contributed by the owners
  10. 18. is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest.