Vocabulary
Vocabulary 2
100

An agreement between an employee and a company outlining obligations and terms of employment. 

Contract

100

A practice used to protect brand names, logos, and business names.

Trademark

200

An individual or business that purchases that purchases goods and services from a business.

Customer

200

The number of sales and other income in a business for a given period. 

Revenue

300

A payment amount provided to employees for the number of hours they worked. 

Hourly Pay

300

A tangible item

Product

400

Standards of professional conduct Professionals should uphold

Ethical Practices

400

A form of communication between businesses and customers that relays a message promoting services and/or goods. 

Marketing

500

Goods a business owns with the purpose of selling. 

Inventory

600

The individuals that own a business.

Owners

700

Fluctuating costs that a business has depending on production.

Variable Costs

800

An individual with an interest in a business.

Stakeholder

900

Data that may contain personal bias like company newsletters and academic journals.

Secondary Data