| Question | Answer | 
        
        | start learning |  |   To achieve a goal is to attain it successfully  |  |  | 
| start learning |  |   To allocate resources is to designate them for a particular function or purpose  |  |  | 
| start learning |  |   To analyze is to study something extensively in an effort to describe or comprehend it  |  |  | 
| start learning |  |   To apply a process, rule, or technique is to use it  |  |  | 
| start learning |  |   If someone is approachable, he or she is easy to talk to and not intimidating  |  |  | 
| start learning |  |   To arrive at a decision is to come to a conclusion about a particular issue, usually after some discussion  |  |  | 
| start learning |  |   An assembly line is a system of putting a product together in which the item passes through different stages. Each stage has a specific task and adds or completes some aspect of the product  |  |  | 
| start learning |  |   To assess something is to look at it carefully and make a judgment on it  |  |  | 
| start learning |  |   An assessment is an evaluation used to identify strengths as well as places where improvements are needed  |  |  | 
| start learning |  |   An asset is any item of value owned by a person or entity  |  |  | 
| start learning |  |   If someone is authoritarian, he or she values strict obedience to authority and does not value personal freedom  |  |  | 
| start learning |  |   An avenue is a course of action that is undertaken to accomplish something  |  |  | 
| start learning |  |   To balance an account is to reconcile debit and credit amounts  |  |  | 
| start learning |  |   Benchmarking is the process of determining the standards for one’s business practices. This is done by examining the standards set by other companies within and outside of one’s industry  |  |  | 
| start learning |  |   Benefits are payments made to employees in addition to wages, such as health insurance and paid vacation days  |  |  | 
| start learning |  |   A best practice is a system that is successful more often than any other method of doing something  |  |  | 
| start learning |  |   A billboard is a large board found in cities and along roads. Companies use them to advertise  |  |  | 
| start learning |  |   A boss is someone who is in charge of other people  |  |  | 
| start learning |  |   If communication is bottom-up, it is directed from lower-level employees toward their supervisors  |  |  | 
| start learning |  |   To branch out is to expand into other areas not previously explored  |  |  | 
|  start learning Breathe down (someone’s) neck  |  |   To breathe down someone’s neck is to constantly remind someone of an obligation in a harassing or rude manner  |  |  | 
| start learning |  |   Cash-basis accounting is a method of accounting that records income and expense based on cash payments only, expected payments, or expenses that are not recognized  |  |  | 
| start learning |  |   When one earns a certification, one has a formal qualification in accordance with set standards  |  |  | 
|  start learning Collective bargaining unit  |  |   A collective bargaining unit is a group of employees with shared interests who are represented by a labor union in dealings with management regarding pay, benefits, and other significant issues  |  |  | 
| start learning |  |   To communicate is to exchange information verbally or in writing with another person or group of people  |  |  | 
| start learning |  |   To compare two or more things is to look at them and find their similarities and differences  |  |  | 
| start learning |  |   A comparison is a statement that describes how two items are similar to and different from each other  |  |  | 
| start learning |  |   A competitive benchmark is a standard set by comparing a business’ practices to those of a competitor  |  |  | 
| start learning |  |   A competitor is a rival in the same field  |  |  | 
| start learning |  |   Compliance is the act of conforming to a demand or proposal  |  |  | 
| start learning |  |   A concept is an idea, often associated with a plan  |  |  | 
| start learning |  |   Confidence is a feeling of trust in a person or a system  |  |  | 
| start learning |  |   A consensus is a mutually agreed upon decision  |  |  | 
| start learning |  |   To consider something is to give it close thought  |  |  | 
| start learning |  |   To consult is to confer with another person or group of people for advice  |  |  | 
| start learning |  |   A consumer is a person who buys and uses products sold by someone else  |  |  | 
| start learning |  |   To contract is to become smaller or less numerous  |  |  | 
| start learning |  |   To contribute is to bring or give something  |  |  | 
| start learning |  |   To control something is to make and implement decisions that will make it exactly as needed  |  |  | 
| start learning |  |   Cost accounting is a method of accounting that records and analyzes all costs incurred through production and related activities  |  |  | 
| start learning |  |   A credit is a recorded listing of an amount paid to an account  |  |  | 
| start learning |  |   A criteria is a rule, standard, or test used in evaluation and decision making  |  |  | 
| start learning |  |   To deal with something is to take care of or handle it  |  |  | 
| start learning |  |   To debate something is to exchange viewpoints about it with each side trying to convince the others of its validity  |  |  | 
| start learning |  |   A debit is a recorded listing of an amount owed by an amount  |  |  | 
| start learning |  |   A deduction is an amount you take away from a figure  |  |  | 
| start learning |  |   A defect is an imperfection or problem with something that makes it less effective or useful  |  |  | 
| start learning |  |   A delay is something that postpones an event or occurrence  |  |  | 
| start learning |  |   If someone is demanding, he or she has high expectations of others and insists that things get done a certain way  |  |  | 
| start learning |  |   If a manager is democratic, he or she emphasizes everyone’s role in decision making and allows all employees to have a voice before a final consensus is reached  |  |  | 
| start learning |  |   Depreciation is the loss of something’s value over time  |  |  | 
| start learning |  |   Distribution is the delivery of goods for sale to a store or individual customer  |  |  | 
| start learning |  |   A distribution channel is the way you make your product available to customers  |  |  | 
| start learning |  |   To dominate something is to be in control of it or to be the most important part of it  |  |  | 
| start learning |  |   Earnings is the money made through a company’s profits  |  |  | 
| start learning |  |   Efficiency is the ability to do a task well, using the minimum amount of time, resources, or effort  |  |  | 
| start learning |  |   Elasticity is a measure of how changes in one economic variable will influence other variables  |  |  | 
| start learning |  |   Employment law is the field of law dealing with government regulation establishing workers’ rights, including pay, hours, age restrictions, and treatment of workers. This field is sometimes called labor law  |  |  | 
| start learning |  |   To empower someone is to give them the ability to make their own decisions and take responsibility for their own action  |  |  | 
| start learning |  |   Equity is the value of a property or holding beyond mortgage or liability amounts  |  |  | 
| start learning |  |   To estimate an amount is to find the amount through guessing or calculation  |  |  | 
| start learning |  |   If someone refers to existing levels, they are currently at the point at which they are described  |  |  | 
| start learning |  |   To expect an event is to think that it will happen  |  |  | 
| start learning |  |   Your expenditure is the amount of money you spend  |  |  | 
| start learning |  |   An expense is money paid in order to accomplish a goal  |  |  | 
| start learning |  |   A factor is an element that influences how something happens  |  |  |