Collab. Business Glossary
the total amount of wages paid to all the people working in a particular company or industry
What is payroll?
Depending on the workplace, various levels of the formality of business attire are expected and the norm. It ranges from traditional and formal to smart casual, business casual, and casual.
What is dress code?
The COO typically reports directly to this person
What is a CEO?
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?
a summary or record of what is said or decided at a formal meeting
What are minutes?
It is the second-largest stock exchange in the world by market capitalization, behind only the New York Stock Exchange (located in the same city).
What is NASDAQ?
Eye contact is very important but make sure it looks natural. A smiling, relaxed face is very inviting. Hands resting casually in your lap rather than arms folded across your chest also is more inviting.
What is body language?
A term used to describe corporate officers and directors. The term is derived from the use of the letter C in most high-level positions, such as Chief Operating Officer
What is C-suite?
the assistance and advice provided by a company to those people who buy or use its products or services
What is customer service?
It means things to be done. It is usually sent along with the notice of the meeting. It is a list of the topics to be discussed in a meeting.
What is an agenda?
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 is an employer review website that includes salary tools and a free job board. It is best for businesses focused on employer branding and encouraging job seekers to apply.
What is glassdoor(.com)?
Possible alternative: what is indeed(.com)?
This is the job title of a low-level management position that is primarily based on authority over a worker or charge of a workplace. Also known as foreman, overseer, facilitator, monitor or area coordinator.
What is a supervisor?
This is the point at which a direction or action becomes irreversible.
What is point of no return?
These are established to help preserve the effectiveness of the meeting and may include arriving on time, being prepared, no cross-talking, etc.
What are ground rules?
the best or most important thing owned or produced by a producted by a particular organization
What is flagship?
The act of reviewing both confidential and public information to investigate a person or entity's history
What is background check?
This person is the head of sales, product development and all things marketing-related. This executive can report to either the CEO or COO
What is CMO?
It is a creation of an identity for products and services that has meaning to customers. It includes elements such as visual symbols, values, customer experience, etc.
What is branding?
Term that means to recap and summarize the group's input
What is to wrap-up?
the state of owning things of value that can easily be exchanged for cash
What is liquidity?
It is a letter given by a company to a potential employee that provides key terms of the prospective employee's employment
What is an offer letter?
This is a working class person who performs manual labors.
What is a blue-collar worker?
It is the comparison of your processes, metrics, or targets to others in the same industry.
What is benchmarking?
It is important to develop this strategy in order to follow up. This action can be done in a number of ways. For example, someone is assigned the role of note taker. This person will work with the team leader after the meeting to review the notes and, after this review, those notes become the meeting minutes. Synonym: to keep records.
What is documenting?