Finance
This financial statement shows a company's financial position at a particular point in time.
Balance sheet
A person who purchases and uses a product is known as this.
Consumer
A person responsible for overseeing employees is called this.
Manager
The people a business is specifically trying to sell its products to are called its target _____.
Market
A person who travels to another place for leisure is called this.
Tourist
A plan for how much money you expect to earn and spend is called this.
Budget
A company's recognizable name, logo, and identity are all parts of its _____.
Brand
A company bringing together employees with different backgrounds and perspectives is promoting this.
Diversity
A person who starts and runs their own business is called this.
Entrepreneur
A hotel employee who cleans and prepares guest rooms works in this department.
Housekeeping
This term describes something a business owns that has economic value, such as cash, equipment, or property.
Asset
The four traditional Ps of marketing are product, price, place, and this.
Promotion
A business owned and operated by one person is called this.
Sole proprietorship
Money used to start or grow a business is commonly called this.
Capital
Websites such as Expedia and Booking.com allow travelers to make these online.
Reservations / bookings
The people who have an interest in or are affected by a business or project are called these.
Stakeholders
A store selling products directly to the final customer is engaged in this type of selling.
Retailing
A written message commonly used for communication within a business is called this.
Memo
A business owner's willingness to accept the possibility of losing money is known as taking a _____.
Risk
A document showing the amount a customer owes for hotel, restaurant, or other services is called this.
Bill/invoice
When actual spending is different from the amount budgeted, the difference is called this.
Variance
Dividing a broad market into smaller groups of customers with similar characteristics is called market _____.
Segmentation
Taxes placed on goods imported into a country are called these.
Customs duties
A written document describing how a new company will operate and make money is called this.
Business plan
A person who travels for work rather than vacation is commonly called this type of traveler.
Business traveler