Business Essentials Unit 3

keeping accurate and useful financial records; and analyzing and interpreting the recorded information

an organized effort to produce and/or distribute goods and services

the process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources

the process of planning, staffing, leading, and organizing the employees of the business

the process of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data

the process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large

the day-to-day activities required for continued business functioning

the usage of outside organizations or consultants to perform one or more of the primary business activities

the process or activity of producing goods and services

a process that involves managers from all parts of the organization in the formulation and the implementation of strategies and strategic goals

advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance)

fulfilling the requirements of the law

the ability to see the "big picture" and think about how things will work together

the management function that monitors the work effort

converting facts and figures into useful information