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Business terms can be confusing. To help you get familiar with this specialized language, the management experts at Sling have created a list of the 70 business terms every manager needs to know. Finance Business Terms. 1) ROI. Return on investment (ROI) refers to all the benefits — monetary or otherwise — received from an investment.
Sep 6, 2024 · A business glossary is essentially a shared vocabulary for your organization. It contains definitions of important business terms, so everyone knows exactly what they mean. This might seem straightforward, but in practice, it can save your team from a lot of miscommunication.
Our glossary of business terminology will explain some of the meanings of the most commonly used business phrases and business definitions – so talking to your accountant should be a bit easier in the future.
Jul 19, 2022 · Ooty and Coonoor lie at a short distance of approximately 20 km. and are extremely well-connected with each other. Since these two hill stations are often explored together, there are several options to choose from when it comes to commuting from Coonoor to Ooty.
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- Assets. Assets are resources owned or controlled by a business that has economic value and can generate future benefits. Examples of assets include cash, inventory, equipment, and intellectual property.
- Business Plan. A Business Plan is a formal document that outlines a company's goals, strategies, and operational plans. It serves as a roadmap for business growth and guides decision-making.
- Competitive Advantage. Competitive advantage refers to the unique qualities or attributes that set a company apart from its competitors and gives it an edge in the market.
- E-commerce. E-commerce, short for Electronic Commerce, refers to the buying and selling of goods and services over the Internet. It encompasses retail stores, electronic payments, online marketplaces, and digital marketing.
Our Business Terms Hub features an extensive list of business terms alphabetically organized from A to Z. Each term is accompanied by a brief description, making it easy for you to grasp its meaning at a glance.
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Sep 24, 2024 · Knowing business jargon can also facilitate networking, as it allows you to engage in relevant conversations and connect with others in your field. In this article, we discuss what business jargon is and give you a list of 45 terms and phrases you can use in your business-related position.