Salma's Commerce Glossary

Salma's Commerce Glossary

Hi, my name is Salma. I have been studying Social Science in Commerce, since 2019 at Montmorency College. To have an idea about the classes, here are some: Accounting, Marketing, Business. With this program, you will learn how a company runs, so if you are interested in the business world and want to learn more about this program you are in the right place. My glossary will introduce you to my field of study. Here are 23 terms that will be useful to know before you get into this program. You'll see images, definitions, translations, examples and pronunciations.

accounting
noun
The action or process of keeping financial accounts.
Example: These statements help analyze the business by translating economic factors into accounting numbers like assets, sales, cash flows and earnings.
en: comptabilité
business
noun
The practice of making one's living by engaging in commerce.
Example: Whilst in America, medicine and law overcame such self-imposed debilitation through close alignment with the state, without similar arrangements the business of architects suffered greatly.
en: entreprise
businessman
noun
A man who works in business or commerce, especially at an executive level.
Example: Svevo was a businessman that wanted to improve his English, and Joyce was his teacher.
en: homme d'affaire
capital
noun
Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
Example: FINANCE PCD Maltron needs some considerable investment capital to get at that global market and supply it.
en: capital
commerce
noun
The activity of buying and selling, especially on a large scale.
Example: It was active in manufacture, trade and commerce.
en: commerce
competitor
noun
An organization or country engaged in commercial or economic competition with others.
Example: However, it may require some investment if a competitor were to challenge the brand.
en: concurrent
decision
noun
A conclusion or resolution reached after consideration.
Example: This policy proved to be successful until the slump of 1937, which resulted from Roosevelt's decision to cut down the spending as deficit and inflation was increasing.
en: décision
employee
noun
A person employed for wages or salary, especially at non-executive level.
Example: Every employee has to go through a certain amount of training, as every job differs slightly.
en: employé
entrepreneur
noun
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Example: American entrepreneur John Bissell founded Fabindia, expanded to fabulous India, in 1960.
en: entrepreneur
Finance
noun
The management of large amounts of money, especially by governments or large companies.
Example: The merchants helped to finance the extravagant spending of the aristocracy, encouraging them to come to the capital, by providing them with loans and pawnbroking arrangements.
en: la finance
human resources
noun
The department of a business or organization that deals with the hiring, administration, and training of personnel.
Example: Indeed, output is not only a function of labour and resources, but also a function of capital, technical progress and human resources.
en: ressources humaines
industry
noun
Economic activity concerned with the processing of raw materials and manufacture of goods in factories.
Example: This is applicable to cooking in the home as well as in the food industry.
en: industrie
investment
noun
The action or process of investing money for profit or material result.
Example: This in no way ignores the reality that government is strongly dictated and controlled by economy, in particular commercial business and investment such as that offered by off shore dredging.
en: investissement
leadership
noun
The action of leading a group of people or an organization.
Example: Irrespective of the decision to purchase Midland Metro or establish a competitor, a cost leadership strategy would be most appropriate.
en: direction
management
noun
The process of dealing with or controlling things or people.
Example: The use of these reserves to finance infrastructure may lead to monetary management problems.
en: la gestion
marketing
noun
The action or business of promoting and selling products or services, including market research and advertising.
Example: Their designs are owned by the company which creates them and driven by marketing departments.
en: commercialisation
Money
noun
A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
Example: The increased availability of jobs and higher wages meant that workers had more money to spend on luxury goods.
en: argent
production
noun
The action of making or manufacturing from components or raw materials, or the process of being so manufactured.
Example: We continuously involve our clients during each stage of production make sure that our standards meet their requirements and expectations.
en: production
profit
noun
A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Example: This would be a costly process however, with little profit in return.
en: profit
revenue
noun
Income, especially when of a company or organization and of a substantial nature.
Example: As China grows there is an increasing incentive for the ruling class to stay in power and the revenue earned can then be put into increasing state control.
en: revenu
strategies
noun
A plan of action or policy designed to achieve a major or overall aim.
Example: Quite uncharacteristic to participant observation studies, this approach can be seen to have detrimental effects on Taylor's research strategies and results.
en: stratégies
taxes
noun
A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Example: The people would have had to pay their taxes 'in kind' by producing food for the army, which meant that a surplus would have had to have been achieved.
en: impôts
website
noun
A set of related web pages located under a single domain name, typically produced by a single person or organization.
Example: Through usage of the Amazon.co.uk website, and a full examination of its functionality, the core components providing that functionality can be deduced.
en: site Internet

Comments

Popular posts from this blog

Everything you have to know about me

Career Summary