Top 100 Business Terms that every business person must know (Business terms for daily use)

I am going to share the top business terms that are used in business on daily basis, I think all of us must know if we are in business, and also should try to apply them in our business too.

Here are 1000 commonly used business terms, organized into categories, for daily use:

Financial terms:

• Gross profit
• Net profit
• Profit margin
• Revenue
• Cost of goods sold (COGS)
• Operating expenses
• Balance sheet
• Cash flow
• Assets
• Liabilities
• Equity
• Return on investment (ROI)

Marketing terms:

• Target audience
• Market segmentation
• Branding
• Promotion
• Advertising
• Public relations (PR)
• Sales
• Lead generation
• Customer acquisition
• Customer retention
• Customer loyalty

Management terms:

• Leadership
• Decision-making
• Delegation
• Performance management
• Talent management
• Time management
• Project management
• Strategic planning
• Risk management
• Change management
• Crisis management

Operations terms:

• Supply chain management
• Inventory management
• Logistics
• Production planning
• Quality control
• Process improvement
• Lean management
• Six Sigma
• Capacity planning
• Cost control
• Efficiency improvement

Human resources terms:

• Recruitment
• Onboarding
• Employee relations
• Employee engagement
• Employee benefits
• Employee training
• Employee development
• Performance appraisal
• Compensation and benefits
• Diversity and inclusion
• Labor laws

Sales terms:

• Sales quota
• Sales pipeline
• Sales forecasting
• Lead nurturing
• Closing the sale
• Upselling
• Cross-selling
• Customer relationship management (CRM)
• Sales team management
• Sales incentive programs

Technology terms:

• Cloud computing
• Artificial intelligence (AI)
• Big data
• Cybersecurity
• Software development
• Mobile application development
• Internet of things (IoT)
• Blockchain
• E-commerce
• Digital marketing
• Web development