Intro to Business Vocabulary
Terms
undefined, object
copy deck
- Any activity that seeks to provide goods and services to others while operating at a profit
- Business
- The amount of money a business earns above and beyond what it spends for salaries and other expenses
- profit
- A person who risks time and money to start and manage a business.
- Entrepreneur
- The total amount of money a business takes in during a given period by selling goods and services
- Revenue
- When a business's expenses are more than its revenues
- Loss
- The chance an entrepreneur takes of losing time and money on a business that may not prove profitable
- Risk
- The amount of goods and services people can buy with the money they have
- Standard of living
- The general well-being of a society in terms of political freedom, a clean natural environment, education, health care, safety, free time, and everything else that leads to satisfaction and joy
- Quality of life
- All the people who stand to gain or lose by the policies and activities of a business
- Stakeholders
- An organization whose goals do not include making a personal profit for its owners or organizers
- nonprofit organization
-
Function: K stands for "Klot, helps blood to clot, aids in bone formation
Precursor: Intestinal bacteria
Source: dark, leafy veggies, cabbage family - Vitamin K
-
Function: Antioxidant
aka: tocopherol
(so is Vitamin C)
Protects cell membranes, nerve development, and WBC's
Source: Vegetable Oils - Vitamin E
-
Function: Bone integrity, functions as hormone,
Precursor: The Sun and cholesterol
Defiency: rickets, osteomalacia
Most toxic of all vitamins
Source: the Sun and milk products - Vitamin D
-
Function: Vision, Immunity
Precursor: Beta Carotene
AKA: Retinol
Defiency: Blindness, night blindness
Toxicity: Very dangerous - Vitamin A