Risk management

The forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact. The protection against loss that is affored by the purchase of an insurance policy. A rule developed by a society to govern the conduct of, and relationship among its members. A legally enforceable agreement between two or more parties who promise to do or not to do, a particular thing. Conducts business transactions all over the world, including the transfer of goods, services, technology, managerial knowledge and capital to other countries. A written description of your work experience, educational background and skills, used by those applying for jobs. The application of moral standards to business situations. The obligation of an organization's management towards the welfare and interests of the society in which it operates A type of business organization in which two or more individuals pool money, skills, and other resources, and share profit and lossn in accordance with terms of the partnership agreement. Equity capital raised through sale of shares. An individual, group, or organization that holds one or more shares in a company, and in whose name the share certificate is issued.

Insurance

Law

Contract

International business

CV

Business ethics Social responsibility

Partnership

Stock Stockholder

Board of directors

The top governing body of a corporation, the members of which are elected by stockholders. A carefully constructed guide for the person starting ones own business. The organization and coordination of the activities of a business in order to achieve defined objectives. One individual acquires all the benefits and risks of running an enterprise. An artificial person created by law with most of the legal rights of a real person, including the right to start and operate a business, to own or dispose of property, to borrow money, to sue or to be sued and enter into binding contracts.

Business plan Management

Sole proprietorship Corporation

Strategy

A method or plan chosen to bring about a desired future, such as achievement of goal or solution to a problem. A good, idea, method, information, object or service created as a result of a process and serves a need or satisfies a want. Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role or subject, or to make an effort to attain a goal. The management process through which goods and services move from concept to the customer. Scientific discovery methods applied to marketing decision making. The directing of promotional efforts at specific links or levels (distributor, wholesaler, retailer) in a channel of distribution. A person who negotiates with large companies on behalf of personal clients. Commercial transaction in which a buyer intends to consume the good or service through personal, family, or household use. Property sold under market value to turn it over quickly for profit. The advancement of a product, idea, or point of view through publicity and/or advertising. A name, term, symbol, design or any combination of these that indentifics a sellers products and distinguishes them from competitors products. A paid, nonpersonal message communicated to a select audience through a mass medium. The various forms of communication through which advertising reaches its audience. Data that are presented to in a form that is usefull for a specific purpose. A single collection of data that are stored in one place and can be used by people throughout the organization to make decisions. Branch of mathematics concerned with collection, classification, analysis, and interpretation of numerical facts, for drawing inferences on the basis of their quantifiable likelihood (probability). Science dealing with mechanisms employed by natural and man-made systems to learn and evolve, and to organize, regulate, and reproduce themselves. The process of systematically collecting, analyzing and reporting financial information.
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Product

Motivation

Marketing

Marketing research Marketing channel

Middleman Retailing

Wholesaling Promotion

Brand

Advertising

Advertising media

Information Database

Statistics

Cybernetics

Accounting

Bookkepping Balance sheet

The routine, day-to-day record keeping that is a necessary part of accounting. A summary of a firms assets, liabilities, and the owners equity accounts at a particular time, showing the various dollar amounts that enter into the accounting equation. A summary of a firms revenues and expenses during a specified accounting period. An economic institute within which take place sale and purchase transactions of securities between subjects of economy on the base of demand and supply. Anything of value that serves as a: (1) generally accepted medium of financial exchange; (2) legal tender for repayment of debt; (3) standard of value; (4) unit of accounting measure; (5) means to save or store purchasing power.

Income statement

Securities market

Money

Liquidity Bank

The rase with which an asset can be converted into cash. An establishment authorized by a government to accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other financial services to its customers. Immediate purchasing power that is exchanged foar a promise to repay it, with or without interest, at a later date. A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.

Credit

Risk