Glosary

1- Account:

A statement of recen transactions and the resulting balance.

2- Accounting:

The occupation of maintanining and audinting records and preparing financial reporst for a bussiness.

3- Acquisition:

The takink over the control of one Company bu another.

4- Asset:

Anything of value that is owned

5- Balance Sheet

A financial statement that reports assets, liabilities, and owner´s equity to set the policies for the corportation.

6- Board of directiors

A group of people efected by the stockholders of a corporation to set the policies for the corporation.

7- Budget:

A summary of intended expeditures along with proposals for how to meet them.

8- Statement of cash flows

A financial statenent that shows the flow of money in and out the bussiness.

9- CEO

The corporate executive responsable for the operations of the firm.

10- CV

A summary of your academic and work history.

11- Deadline

The point in time at wich something must the be completed.

12- Downsizing

A planned reduction in the number of employees needed in a firm in order to reduce costs and make the bussinees more efficent.

13- End user

The persono r group who will use tje product produced by the proyect.

14- Entrepreneur

A person who organizes, manages and takes on the risk of a bussiness

15- Equity

The difference between the market value of a property and the claims held agains it

16- Exchange rate

The value of a currency in one country compare with the value in another

HAVE THE EXCHANGE RATE

17- Grant

A sum of money other payment given for a particular purpose

18- Headquters

Usually plural) the office that serves as the administrative center of a Enterprise.

19- Human Resources

Maintains policies, plans, and procured for the effective management of employees

20- Income statement

A financial statement tha gives operanting results for a specific period.

21- Industry

The people or companies engaged

22- Merger

Combination of two or more copnies into single a firm

23- Monetization

The process of converting something that once was free into a product that is sold

24- Multitask

To do more tan one thing at the same time

25- Networking

Using contacts with Friends and family members as a means of finding job leads.

26- Non profit organization

An organization whose goals do not incluside maling a personal profit for its or organizers

27- Objetive The goal intented to be attained (and wich is believed to be attainable)

28- Operations Performance of a practical work or of something involving the practical application of principle or processes

29- Opportunity Cost

Cost in terms of forengone alternatives.

30- Overhead

The amount of money it takes to run a business

31- Partnership

A contract between two more persons who agree to pool talent and money and share ´prfits losses

32- Party A peson insolved in legal proceedings

33- Personnel Staff, employees, work force

34- Ponit of sale Places where godos are sold to the republic. Shops, stores, kioks, market stalls.

35- Presentation

A show display

36- Profit

The amount of money left over the after expenses are takien out

37- Project Any piece of work that is undetaken or attempted.

38- Quarter One of four equal parts into wich anything i sor may be divided

39- R&D Research abd developmentreach a consensus, all the people in a group agreing on an idea or opinión

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