100 Elements found in business
Disclaimer: List taken from “The Leadership Pipeline” by Ram Charan (Author), Stephen Drotter (Author), James Noel (Author)
- Advertising: The activity or profession of producing advertisements for commercial products or services.
- Affiliates: Companies that are related to each other, typically through a parent company owning less than a majority stake in the affiliate.
- Assets: Resources owned by a business that have economic value and can provide future benefits.
- Authority: The power or right to give orders, make decisions, and enforce obedience.
- Automobiles: Self-propelled vehicles designed for passenger transportation, commonly referred to as cars.
- Bad debts: Amounts owed to a company that are unlikely to be paid.
- Benefits: Non-wage compensation provided to employees in addition to their normal wages or salaries.
- Bills: Statements of the amount of money owed for goods supplied or services rendered.
- Blueprints: Detailed plans or designs for buildings or projects.
- Bonds: Debt securities issued by entities to raise capital, promising to pay back the principal with interest.
- Brand: A type of product manufactured by a particular company under a particular name.
- Cash: Money in the form of coins or banknotes, or available funds.
- Checks: Written orders directing a bank to pay money.
- Commitments: Agreements or pledges to do something in the future.
- Communication: The exchange of information between individuals or groups.
- Community involvement: Participation in activities within a local area for mutual benefit.
- Competitors: Companies or entities that operate in the same market and offer similar products or services.
- Computers: Electronic devices for storing and processing data.
- Consumers: Individuals or households that use goods and services generated within the economy.
- Contractors: Individuals or firms that undertake a contract to provide materials or labor to perform a service or do a job.
- Copyrights: Legal rights that grant the creator of original work exclusive control over its use and distribution.
- Costs: The value of money required to obtain something.
- Credit: The ability to obtain goods or services before payment, based on the trust that payment will be made in the future.
- Credits: Acknowledgments or citations recognizing someone's contribution or a financial arrangement where payment is deferred.
- Culture: The social behavior and norms found in human societies.
- Customers: Individuals or businesses that purchase goods or services from another business.
- Data: Facts and statistics collected for reference or analysis.
- Energy: The strength and vitality required for sustained physical or mental activity, or power derived from the utilization of physical or chemical resources.
- Ethics: Moral principles that govern a person's behavior or conducting an activity.
- Experience: Practical contact with and observation of facts or events.
- Expertise: Specialized knowledge or skills in a particular field.
- Factories: Buildings or complexes where goods are manufactured or assembled.
- Furnishings: Furniture, fittings, and other decorative accessories for a home or office.
- Furniture: Movable objects intended to support various human activities such as seating, eating, and sleeping.
- Goals: Desired results or outcomes that a person or organization aims to achieve.
- Goodwill: An intangible asset that represents the value of a business's reputation and customer relationships.
- Ideas: Thoughts or suggestions as to a possible course of action.
- Individual contributors: Employees who contribute to the company through their expertise but do not manage others.
- Innovation: The process of translating ideas into useful products, processes, or services.
- Insurance: A contract in which an individual or entity receives financial protection against losses.
- Intellectual capital: The collective knowledge, experience, and skills of an organization’s employees.
- Intranet: A private network accessible only to an organization's staff.
- Inventory: The goods and materials a business holds for the ultimate purpose of resale.
- Job descriptions: Documents that outline the duties, responsibilities, and qualifications for a job.
- Jobs: Paid positions of regular employment.
- Knowledge: Information, understanding, or skills acquired through experience or education.
- Laboratories: Facilities equipped for scientific research, experiments, and measurement.
- Leaders: Individuals who guide or direct others.
- Ledgers: Books or other collections of financial accounts.
- Liabilities: Legal debts or obligations that arise during the course of business operations.
- Licenses: Official permits to own or use something, do a particular thing, or carry on a trade.
- Licensees: Persons or companies granted the license to operate under the terms of an agreement.
- Logistics: The detailed coordination of complex operations involving people, facilities, and supplies.
- Logo: A symbol or design adopted by an organization to identify its products, uniform, vehicles, etc.
- Market position: The ranking of a company or brand in a particular market.
- Measurements: The size, length, or amount of something, as established by measuring.
- Memberships: The state of being a member of a group or organization.
- Mission: A company's core purpose and focus that normally remains unchanged over time.
- Mortgages: Legal agreements by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property.
- Networks: Groups or systems of interconnected people or things.
- Notes: Brief records of points or ideas written down as an aid to memory.
- Offices: Rooms, sets of rooms, or buildings used as places for commercial, professional, or bureaucratic work.
- Organization: An organized group of people with a particular purpose, such as a business or government department.
- Owners: Individuals or entities that own a business or property.
- Partners: Individuals or businesses with whom one is engaged in an activity or business.
- Patents: Exclusive rights granted for an invention, allowing the patent holder to exclude others from making, using, or selling the invention.
- Pensions: Regular payments made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.
- Plans: Detailed proposals for doing or achieving something.
- Processes: Series of actions or steps taken to achieve a particular end.
- Products: Articles or substances that are manufactured or refined for sale.
- Profit: Financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- Programs: Planned series of future events, items, or performances.
- Projects: Individual or collaborative enterprises that are carefully planned and designed to achieve particular aims.
- Prospective customers: Potential clients or buyers who might be interested in the products or services offered.
- Raw materials: Basic materials from which products are made.
- Real estate: Property consisting of land or buildings.
- Receivables: Money owed to a company by its debtors.
- Reports: Accounts or statements describing events, situations, or financial results.
- Reputation: The beliefs or opinions generally held about someone or something.
- Research: The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.
- Revenue: Income generated from normal business operations.
- Rewards: Benefits received as a result of one's actions or achievements.
- Risk: The possibility of loss, injury, or other adverse outcomes.
- Rules: Set principles or regulations that govern conduct within a particular activity or organization.
- Services: Intangible products such as activities or benefits provided to satisfy needs or wants.
- Stock: The goods or merchandise kept on the premises of a business and available for sale or distribution.
- Stock options: Contracts granting the option to buy or sell a company's stock at a predetermined price within a specific time period.
- Strategy: A plan of action designed to achieve a long-term or overall aim.
- Suppliers: Companies or individuals that provide products or services to other businesses.
- Supplies: Stocks of resources and materials available for use.
- Systems: Sets of connected things or parts forming complex wholes.
- Technology: The application of scientific knowledge for practical purposes.
- Threats: Potential sources of danger or harm.
- Titles: Names that describe someone's position or job.
- Trademarks: Symbols, words, or marks legally registered or established by use as representing a company or product.
- Training: The action of teaching a person or group a particular skill or type of behavior.
- Unions: Organizations of workers formed to protect and advance their rights and interests.
- Vision: The ability to think about or plan the future with imagination or wisdom.
- Warehouses: Large buildings where raw materials or manufactured goods may be stored.
- Warranties: Written guarantees, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period.