Human resources: the department of an organization that deals with finding new employees, keeping records about all the organization's employees, and helping them with any problems.
Marketing: the business activity that involves finding out what customers want, using that information to design products and services, and selling them effectively.
Accounting: the work of preparing the financial records of people, companies, or organizations.
Finance department: the business functions of a finance department typically include planning, organizing, auditing, accounting for and controlling its company's finances.
Production department: A sector of the company that is responsible for manufacturing products or services.
Research and development: Systematic activity combining both basic and applied research, and aimed at discovering solutions to problems or creating new goods and knowledge.
Asset: something that is owned by a person, company, or organization, such as money, property, or land.
Delegation: the act of delegating a particular job, duty, right, etc. to someone.
Employee: someone who is paid to work for someone else.
Employer: a person or organization that employs people.
Supply and demand: the idea that the price of goods and services depends on how much of something is being sold and how many people want to buy it.
Recruitment: the process of finding people to work for a company or become a new member of an organization.
business environment: The combination of internal and external factors that influence a company's operating situation.
Revenue: money that a company receives, especially from selling goods or services.
Pest analysis: A type of situation analysis in which political-legal (government stability, spending, taxation), economic (inflation, interest rates, unemployment), socio-cultural (demographics, education, income distribution), and technological (knowledge generation, conversion of discoveries into products, rates of obsolescence) factors are examined to chart an organization's long-term plans.
SWOT analysis: Situation analysis in which internal strengths and weaknesses of an organization, and external opportunities and threats faced by it are closely examined to chart a strategy. SWOT stands for strengths, weaknesses, opportunities, and threats.
SMART: A set of goals that are characterized by being Specific, Measurable, Available at an acceptable cost, Relevant and Time-bound.
The private sector: businesses and industries that are not owned or controlled by the government.
The public sector: businesses and industries that are owned or controlled by the government.
Marketing mix: A planned mix of the controllable elements of a product's marketing plan commonly termed as 4Ps: product, price, place, and promotion.
Leadership: The activity of leading a group of people or an organization or the ability to do this.
financial statement: Summary report that shows how a firm has used the funds entrusted to it by its stockholders (shareholders) and lenders, and what is its current financial position.
English is a widely spoken language in the world that plays an important role in conveying and communicating with each other effectively. From businesses, careers, occupational commodities, and market competition, English is a requirement for everyone. To make a good impression on your work employee, or to the people that work for you, you need to be able to communicate with a higher level of business English has an impact on them. You can consider learning business related words online and that can really benefit your business. With words that you have learned or understand the next important aspect is you need to properly use them in sentences. Someone who has business communication internationally should definitely learn business related words online to improve your communication effectively. Practicing the world daily, will help you learn advanced English. Using the words effectively will help people get a good impression and see your command on the language. Thus, will help improve your work and business, etc. effectively.