callmebananaman

[callmebananaman]

Ten common word in ABM strand

Accounting

Meaning: The systematic recording, analyzing, and reporting of financial transactions.

Sample Sentence: In accounting class, students learned how to prepare financial statements for a business.

Finance

Meaning: The management of money, investments, and other financial instruments.

Sample Sentence: The finance manager is responsible for overseeing the company's budget and financial planning.

Economics

Meaning: The study of how societies allocate scarce resources to satisfy human wants and needs.

Sample Sentence: In economics class, students discussed the principles of supply and demand.

Marketing

Meaning: The process of promoting and selling products or services.

Sample Sentence: The marketing team developed a creative advertising campaign to boost product sales.

Management

Meaning: The process of planning, organizing, directing, and controlling resources to achieve organizational goals.

Sample Sentence: Effective management is crucial for the success of any business.

Entrepreneurship

Meaning: The activity of starting and operating a business, taking on financial risks in the hope of profit.

Sample Sentence: The entrepreneurship class encouraged students to develop and pitch their business ideas.

Budgeting

Meaning: The process of creating a plan for spending and saving money.

Sample Sentence: The company's finance team is working on next year's budget to ensure financial stability.

Audit

Meaning: An examination of financial records to verify their accuracy.

Sample Sentence: The external auditors were brought in to conduct a thorough audit of the company's financial statements.

Stocks

Meaning: Shares of ownership in a company that can be bought and sold.

Sample Sentence: Investors often monitor stock prices to make informed decisions about buying or selling.

Business Ethics

Meaning: The principles and standards that guide behavior in the business world.

Sample Sentence: The company's commitment to business ethics is reflected in its fair treatment of employees and transparent business practices.