What is Business? Terms
What is Business? Terms cont.
Types of Business Models
100

What is Business?

What is A for-profit or non-profit organization involved in commercial, industrial, or professional commerce.

100

What is Information Management?

What is A business function that involves people and processes and systems that are used to do different things.

100

What is a business model?

What is the way a company sells its products to customers and its plan for making a profit.

200

What are the six functions of business?

What is Human Resources, Strategy, Information Management, Operations, Marketing, and Finance/Accounting

200

What is Operations?

What is The daily functioning of an organization.

200

What is a business plan?

What is A business plan is a roadmap of the business’s goals and objectives, and the strategy and details of how those goals and objectives will be achieved.

300

What is Human Resources?

What is Refers to the people assets who work for an organization

300

What is Marketing?

What is The enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services to targeted customers for their benefit and for the benefit of society as a whole.

300

What does a manufacturer do?

What is A manufacturer uses raw materials to make finished products, like cars, which are then sold to car dealerships or directly to consumers.

400

What is strategy?

What is A route or plan of action designed to achieve certain goals and objectives.