A Beginner’s Guide to Business Terminologies

In the business world, there are a lot of terms that are thrown around that can be confusing for newcomers. This guide will provide you with a comprehensive list of the most common business terminologies, along with definitions and examples.

Here is a list of most common business terminologies:

Accounting

Balance sheet

Cash flow statement

Income statement

Ledger

Trial balance

Administration

Human resources

Information technology

Operations

Risk management

Advertising

Brand awareness

Creative brief

Media planning

Public relations

Banking

Account

Credit card

Debit card

Mortgage

Personal loan

Business development

Customer acquisition

Market research

Sales funnel

Target market

Customer service

Complaint handling

Returns

Tax Return

Warranty

Finance

Budget

Capital expenditure

Cost of goods sold

Return on investment

Human resources

Employee benefits

Employee engagement

Performance appraisal

Recruitment

Information technology

Cloud computing

Data analytics

Cybersecurity

Software development

Marketing

Branding

Inventory management

Manufacturing

Supply chain management

Sales

Cold calling

Lead generation

Prospecting

Sales cycle

Strategy

Competitive analysis

Business model

Growth strategy

Mission statement

Technology

Artificial intelligence

Blockchain

Internet of Things

Robotics

Workforce

Diversity and inclusion

Talent management

Workplace culture

ROI: Return on investment

Incentivize

Monetize

Deliverable

Margin

Accounts Payable

Accounts Receivable

Capital

Fixed Costs

Variable Costs

Gross: The total amount or quantity before deductions or expenses.

Net: The amount or quantity after deductions or expenses.

Benchmarking

SWOT

KPIs: Key Performance Indicators

Metrics

Performance Review

R&D: Research and Development

B2B: Business-to-Business

B2C: Business-to-Consumer

B2G: Business-to-Government

Scalable

Responsive Design

Core Competency

Bandwidth

Best practices

Blue sky thinking

Bottleneck

Cascade

Check in the box

Cross-functional

Customer-centric

Cutting edge practices

Dashboard

Data Moat

Ask: The highest price that a buyer is willing to pay for a stock.

Bid

Bear market

Beta: A measure of a stock’s volatility relative to the market.

Bull market

Call option

Common stock

Dividend

Earnings per share (EPS)

Exchange

Index

Market capitalization

Mutual fund

Order: A request to buy or sell a stock.

Over-the-counter (OTC) market

Penny stock

Preferred stock

Quote: The current price of a stock.

Short selling

Stock: A share of ownership in a company.

Strike price

Technical analysis

Yield

IPO: Initial Public Offering

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