Business Management

1. Inputs: The resources used to create a business.
2. Profit: The money the company earns after all expenses.
4. Brand: The unique identity or image of a company or product.
7. Entrepreneurship: The act of starting and managing a business.
9. Stakeholder: Anyone with an interest or concern in a business’s success.
11. Sustainability: Doing business in a way that preserves resources for future generations.
12. Import: Bringing goods or services into a country from abroad.
13. Marketing: The process of selling the right products at the right price, at the right time, to right customers.

1. Inflation: The general increase in prices, causing the value of money to decrease over time.
3. Ethics: Moral principles guiding right and wrong in business decisions.
5. STEEPLE: An analysis tool for examining external factors.
6. Creativity: The ability to come up with new and innovative business ideas.
8. Taxes: Mandatory payments to the government from individuals or businesses.
10. Quaternary: The sector focused on services like research, technology, and education.
11. SWOT: A method used to evaluate internal and external business factors.