balance sheets
A financial statement that reports assets, liabilities, and owner's equity on a specific date.
market trends
Trends reflect changing opinions, habits, and ideas that can affect what types of products and services customers will buy.
staff appraisals
Regular meetings with manager, being told how well they are doing
distrabution channels
different methods a product or service is provided to the public
quality control
the strategy for minimizing errors by managing each stage of production
sales projections
the amount of revenue a company expects to earn at some point in the future
advertising campaign
a coordinated, comprehensive plan that carries out promotion objectives and results in a series of advertisements placed in media over a period of time
cost cutting
reducing costs
supply chains
Upstream partners supply the raw materials, components, parts, information, finances, and expertise needed to create a product or service.
product development
developing the product concept into a physical product
Consumer Relations
All the activities a business engages in to interact with its customers
recruitment procedures
the process a company takes to get new employees
salary reviews
A meeting with an employee to assess their pay and decide whether to increase their salary
training budget
money reserved for training staff
price setting
fixing the prices at which goods and services will be sold
IT support
assistance with computer and software products
