Career Planning Final Vocabulary

vocab. for the 1st semester final

48 cards   |   Total Attempts: 182
  

Cards In This Set

Front Back
The ways in which a group produces, distribute,and consumes its goods and services
Economy
A practice in which businesses hire other companies or individuals to produce their service or goods
Outsourcing
An organised group that sets goals, makes decisions, and implements action
Team
Use modern technology- especially computers, fax machines, and telephones- to preform a job at home
Telecommuting
The way a person uses his/her time, energy, and resources
Lifestyle
The demands for particular jobs
Job Market
The worldwide linkage of national economies
Global economy
A series of related jobs built on a foundation of interest, knowledge, training, and experience
Career
A contract to use something for a specified period of time
Lease
The loyalty of existing customers
Goodwill
The potential for future sales
Market Outlook
The cost of doing business
Operating expense
The expenses involved in beginning a business
Start-up cost
A document summarizing a business's income and expenses
Income statement
Income from sales
Revenue