21. Decision-Making Process: the process by which you make decisions
22. Democratic Leadership Style: equal rights for all workers 23. Depression: a phase in which business activity remains far below normal for years
24. Directing: leading or guiding in a certain direction to accomplish a goal
25. Economics: the study of the production, distribution, and consumption of products and services.
26. Empowerment: when someone receives more power than previously had.
27. Entrepreneur: one who starts, runs, and manages their own company at their own financial risk.
28. Environmental Control: controlling and keeping track of things that go into the environment such as chemicals, toxins, waste, ect. to keep the environment clean
29. Evaluate Performance Expectations: expectations that an employees performance is up to code.
30. Exchange Rate: How much our own money is worth in comparison with foreign money.
31. Factors of Production: what might affect the production of goods
32. Financial Statements: stating where the company is financially
33. Flexible Work Schedules: when you can show up when it is a good time for you and leave when it is most convenient
34. Form Utility: the ability of a product to satisfy a consumer's needs or wants
35. Franchise: an arrangement in which a supplier grants a dealer the right to sell a product in return for some percentage of the total sales
36. Franchiser: a company or manufacturer that grants franchises
37. Herzberg Theory: the Motivation-Hygene theory. People are influenced by two factors which are Satisfaction and Dissatisfaction.
38. Human Resource Department:deals with consumer complaints and maybe hazards of a product.
39. Human Resource Management: makes sure they do it.
40. Income Statement: a statement accurately stating your businesses income

11. Compensation: Money given as a replacement for something lost like service, property, ect.
12. Computers: a machine that can do simply progam tasks as well as more advanced programs
13. Controlling:to posess power or to have the ability to control something or someone.
14. Corporation:a big assosiation or company run by many members but is independant of the members terms of existance.
15. Cross Training: to provide training in more than one area, skill, task, ect.
16. Culture: type of person or society as far as dealing with beliefs, likes, arts, writings, ect.
17. Customers: people who consume the products that a company produces
18. Day Planner: someone who plans out the day for a job
19. Debt Financing: when a firm raises money for working by selling bonds.
20. Decentralized: Splitting up the decision making to all the company.

1. Added Value: additional benefits of a product or service as compared to the competition
2. Affirmative-Action Programs: programs aimed at employing people from minority groups such as women or people of other races.
3. Autocratic Leadership Style: when a leader assumes that his or her employees are motivated by external forces so the managment makes the decisions and directs the employees behavior.
4. Balance Sheet: a statement on paper that shows the financial situation of a company at a certain time.
5. Benefits: something that, when it is used, it gives some sort of positive outcome.
6. Break-Even Analysis: analysis of how much needs to be made so that you odn't lose any money, but don't gain any either; anymore made past the break even point is profit.
7. Business Ethics: Moral and Social values in the buisness environment by which a person follows or does not.
8. Centralized: to bring management or ocntrol under one, central authority.
9. Clayton Act: prevent anticompetitive practices in the United States incipiency like the Sherman Act
10. Comparable Worth: A reform effort to pay different job titles the same based on their value to their employer regardless of the gender