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Business and Management
Words for leading and running organizations.
Strategy
A plan of action designed to achieve a goal
Leadership
The ability to guide and inspire a group of people
Management
The process of controlling and organising people and resources
Efficiency
Achieving the best result with the least waste of time
Productivity
The rate at which work is done or goods are produced
Stakeholder
A person with an interest in the success of a company
Merger
The combining of two companies into one
Competition
Rivalry between companies trying to get the same customers
Innovation
A new idea or method that improves something
Profit margin
The percentage of income remaining after costs are paid
Customer satisfaction
How happy customers are with a product or service
Brand
A name or symbol that identifies a company or product
