Collab. Business Glossary
It is the joining together of two separate companies or organizations so that they become one
What is a merger?
a written account of personal, educational, and professional qualifications and experience, as that prepared by an applicant for a job.
What is a résumé?
the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions
What is a CEO?
These are targets for the strategy and performance of a business.
What are business goals?
a widely held but fixed and oversimplified image or idea of a particular type of person or thing
What is a stereotype?
the sale of goods to the public in relatively small quantities for use or consumption rather than for resale
What is retail?
It is a document sent with your résumé to provide additional information on your skills and experience.
It provides detailed information on why you are qualified for the job you are applying for.
What is a cover letter?
This is a senior executive with responsibility for the financial affairs of a corporation or other institution
What is a CFO?
It is a public disclosure of details of an invention that is designed to prevent others from patenting ideas that a business may want to use in the future
What is a defensive publication?
prejudice in favor of or against one thing, person, or group compared with another, usually in a way considered to be unfair.
What is bias?
the activity of buying and selling goods or shares in a company in the hope of making a profit, but with the risk of losing money
What is speculation?
It consists of a conversation between a job applicant and a representative of an employer which is conducted to assess whether the applicant should be hired
What is a job interview?
Department that deals with includes recruiting, vetting, selecting, hiring, onboarding, training, promoting, paying, and firing employees and independent contractors
What is HR?
It is the systematic process of defining a target market and understanding their needs, motivations, and decision-making process.
What is Customer Analysis?
It is a value held within cultures in which management decisions are made by the boss simply because he/she is the boss
What is power distance?
a corporation's first offer to sell stock to the public
What is Initial Public Offering?
The act of reviewing both confidential and public information to investigate a person or entity's history
What is a background check?
Their job usually entails handling email, fielding phone calls or placing calls to clients and other staff, wrangling paperwork and managing filing systems
What is administrative staff?
a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.
What is SWOT analysis?
It is a value held within cultures that emphasize assertiveness and the acquisition of money and material objects
What is materialism?
It is a measure of the relationship between a change in the quantity demanded of a particular good and a change in its price.
What is price elasticity?
It is a letter given by a company to an potential employee that provides key terms of the prospective employee's employment
What is an offer letter?
This is the corporate executive who oversees ongoing business operations within the company
What is a COO?
It is a process or technique that is generally accepted to be the best known solution to a business problem.
What is best practice?
It is a value held within cultures that emphasize the surrounding circumstances (or context), make extensive use of body language, and take time to build relationships and establish trust
What is context sensitivity?