Standard 3 Vocab

2. skills the ability to communicate, interact, and build relationships with others
3. resources Equipment and supplies used by businesses in their operation
8. advantages or payments employees receive in addition to their wages
10. the process or activity of producing goods and services
12. Management the process of accessing, processing, maintaining, evaluation, disseminating business knowledge, facts, or data
14. the usage of outside organizations or consultants to perform one or more of the primary business activities
16. Knowledge, facts, or data presented in a useful form.
19. the day-to-day activities required for continued business functioning
20. Management the process of planning, controlling, and organizing an organization or department

1. Focused on customer needs and wants
4. The management function of providing guidance to workers and work projects
5. the process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
6. keeping accurate and useful financial records;and analyzing and interpreting the recorded information
7. the management function that monitors the work effort
8. an organized effort to produce and/or distribute goods and services.
9. loyalty to a particular business
11. relations all the activities a business engages in to interact with its customers
13. polite behavior; good manners
15. fulfilling the requirements of the law
17. processing converting facts and figures into useful information
18. analysis the process of planning, maintaining, monitoring, controlling, and reporting the use of financial resourses Human resources management the process of planning, staffing, leading, and organizing the employees of the business