Business Management & Administration
Often, the most effective way to interpret others' nonverbal cues is to look at their
What is facial expressions?
The value, in terms of money, placed on a good or service
What is price?
Gathering data for the first time for a specific product, service and/or business.
What is primary research?
A variety of businesses wo serve people who are away from home.
What is hospitality?
To propose a business idea, usually with the goal of obtaining a contract or funding.
What is a pitch?
The basic concepts and fundamental principles of decent human conduct.
What is ethics?
Business expenses that do not vary with changes in sales volume
What is fixed expenses?
Defined by demographic, geographic, and psychographic characteristics.
What is target market?
Using money to make money
What is investing?
Most company budgets are based on.
What is sales?
What is a result of competition?
What is development of new products?
The process of managing money for an individual, business or other organization.
What is finance?
Important part of a company’s overall business plan
What is a marketing plan?
The way a business interacts with its interacts with its customers in order to obtain new customers while maintaining the current customer fanbase.
What is customer relations?
The stages that a product goes through in its life: Introduction, Growth, Maturity, and Decline.
What is product life cycle?
Workplace safety is primarily the responsibility of
What is employers and employee?
The overall purpose of accounting
What is to maintain financial information?
When a buyer exchanges cash for a seller's good or service, or the activity of trying to bring this about.
What is selling?
Promotional activities that are designed to create a good image with the public.
What is public relations?
What is entrepreneurship?
Inflation impacts businesses by
What is increasing prices?
Patents, trademarks, and copyrights are used to protect a company’s
What is intellectual property?
Main difference between services and products is that services are
What is performed?
Industry that most impacted the development of the hospitality industry
What is transportatio?
Essential to all marketing research.
What is accuracy?