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Social Networks Social Relations

This document defines and describes various business and economic terms related to sales, procurement, e-commerce, social media, and costs. It includes definitions for terms like e-procurement, social networking, video sharing, blogs, online hosting, bidding, travel, fundraising, brokerage, gambling, dating, banking, business-to-consumer, e-commerce, business-to-business, business-to-government, websites, sales, revenue, turnover, sales volume, unit sales, targets, sales growth, sales forecasts, total costs, direct production costs, selling prices, overbudget, overspending, underspending, under budget, expenditures, spending, economies of scale, diseconomies of scale, experience curves,

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kathy158
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45 views

Social Networks Social Relations

This document defines and describes various business and economic terms related to sales, procurement, e-commerce, social media, and costs. It includes definitions for terms like e-procurement, social networking, video sharing, blogs, online hosting, bidding, travel, fundraising, brokerage, gambling, dating, banking, business-to-consumer, e-commerce, business-to-business, business-to-government, websites, sales, revenue, turnover, sales volume, unit sales, targets, sales growth, sales forecasts, total costs, direct production costs, selling prices, overbudget, overspending, underspending, under budget, expenditures, spending, economies of scale, diseconomies of scale, experience curves,

Uploaded by

kathy158
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1.

e- procurement:
is the business-to-business purchase and sale of supplies and services
over the Internet.
2. Internet sellers:
3. Selling:
to engage in selling something.
4. Social networking: is a platform to build social networks or social
relations among people who share similar interests, activities, backgrounds
or real-life connections.
5. Video sharing: is an IP Multimedia System (IMS) enabled service for
mobile networks that allows users engaged in a circuit switch voice call to
add a unidirectional video streaming session over the packet network during
the voice call.
6. Blogs:
a website containing a writer's or group of writers' own experiences,observat
ions, opinions, etc., and often having images and links to otherwebsites.
7. Online:
connected by computer to one or more other computers or networks,as thro
ugh a commercial electronic information service or the Internet.
8. Host: a person who receives or entertains guests at home or elsewhere
9. Bids: Commerce. to offer (a certain sum) as the price one will pay orcharge
10. Highest bidder:
He who, at an auction, offers the greatest price for the property sold.
11. Travel:
to go from one place to another, as by car, train, plane, or ship; take atrip; jo
urney
12. Fundraising:
the act or process of raising funds, as for nonprofit organizations or fora polit
ical cause.
13. Brokerage: Also, brokering. the business of a broker
14. Gambling/gaming:
the activity or practice of playing at a game of chance for money orother sta
kes.
15. Dating:
an inscription on a writing, coin, etc., that shows the time, or time andplace,
of writing, casting, delivery, etc.
16. Banking: the business carried on by a bank or a banker.
17. Business -to consumer: Business or transactions conducted directly
between a company and consumers who are the end-users of its products
or services.

18. e- commerce: short for electronic commerce, is tradingin products or


services using computer networks, such as the Internet.
19. business to- business: A type of commerce transaction that exists
between businesses, such as those involving a manufacturer and
wholesaler, or a wholesaler and a retailer.
20. business- to- government: is a derivative of B2B marketing and often
referred to as a market definition of "public sector marketing" which
encompasses marketing products and services to various government
levels - including federal, state and local
21. websites:
a connected group of pages on the World Wide Web regarded as asingle en
tity, usually maintained by one person or organization anddevoted to a singl
e topic or several closely related topics.
22. sales: a special disposal of goods, as at reduced prices.
23. works in sales:
24. sales department:
the division of a business that is responsible for selling products or service
25. sales team: a group of salespeople or sales representatives responsible for
the sales of either a single product or the entire range of an organization's
products.
26. sales meeting: A gathering in which a product or service is being
discussed, and the benefits are outlined to the potential buyer.
27. revenue:
the income of a government from taxation, excise duties, customs, orother s
ources, appropriated to the payment of the public expenses.
28. turnover:
change or movement of people, as tenants or customers, in, out, orthrough
a place
29. sales volume: The quantity or number of goods sold or services sold in the
normal operations of a company in a specified period.
30. unit sales: A way of quantifying the total revenue that
a business earns from selling products over a particular accounting
period in terms of the earnings per product item sold.
31. target: The value of an economic variable that policy makers regard as ideal
and use as the basis for setting policy. Contrasts with instrument.
32. sales growth: The amount by which the average sales volume of
a company's products or services has grown, typically from year to year.

33. sales forecast: Projection of achievable sales revenue, based on


historical sales data, analysis of market surveys and trends,
and salespersons' estimates.
34. total cost: how much an investor paid to acquire an investment.
35. direct production costs: An expense that can be traced directly to (or
identified with) a specific product.
36. selling price: The market value, or agreed exchange value, that
will purchase a definite quantity, weight, or other measure of a good
or service.
37. overbudget: costing or being more than the amount alloted or budgeted
38. overspent: to spend more than one can afford
39. underspent: to spend less than you should have spent or were allowed to
spend
40. under budget: Spending less money than your set budget.
41. expenditure: Payment of cash or cash-equivalent for goods or services, or
a charge against available funds in settlement of an obligation as evidenced
by an invoice, receipt, voucher, or other such document. See also revenue
expenditure, capital expenditure.
42. spend: To pay money, usually in exchange for goods or services. See
also consumer spending.
43. economics of scale: The reduction in long-run average and marginal
costs arising from an increase in size of an operating unit
44. diseconomies of scale: Increase in long-term average
cost of production as the scale of operations increases beyond a certain
level.
45. experience curve: Graph that depicts the 'experience effect' (increases
in productivity) as reflected in reduced average and marginal costs.
46. learning curve: Learning curve shows the rate of improvement in

performing a task as a function of time, or the rate of change in average


cost (in hours or dollars) as a function of cumulative output.

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