Business Management & Job-Interview Basics

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Vocabulary flashcards covering fundamental terms related to business management and effective job-interview preparation.

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18 Terms

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Business Management

All the tools, activities, and systems used to administer a formal business, supervising operations and controlling resources to reach peak productivity and objectives.

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Management (process)

Deciding how to best use a business’s resources—employees, equipment, and money—to produce goods or provide services.

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Natural Resources

Raw materials supplied by nature that a business uses in production (e.g., land, water, minerals).

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Human Resources

The employees whose skills, knowledge, and labor contribute to a business’s operations.

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Capital Resources

Man-made assets such as machinery, buildings, and money used to produce goods or services.

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Peak Productivity

The highest level of efficiency and output attainable when resources are optimally managed.

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Job Interview

A conversation between a job applicant and an employer’s representative conducted to assess whether the applicant should be hired.

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Common Interview Questions

Frequently asked items such as “Tell me about yourself,” “Why do you want this job?” and “What are your salary expectations?”

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Dress Appropriately

Wearing professional attire—dark suit, white shirt, simple tie for men; modest, well-fitted clothing for women—to create a positive first impression.

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Arrive Early

Reaching the interview location at least 15 minutes beforehand to demonstrate punctuality and preparation.

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Firm Handshake

A confident, non-“fishy” grip used when greeting interviewers to convey professionalism.

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Elevator Pitch

A well-honed, brief introduction summarizing who you are and the value you bring, delivered at the start of an interview.

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Curriculum Vitae (CV)

A concise document outlining education, experience, and qualifications, presented in an easy-to-read format.

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Introductory Statement (CV)

A short opening paragraph in a CV that presents the candidate’s professional profile and career goals.

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Key Skills Summary

A section of a CV listing core competencies relevant to the job sought.

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Chronological Career History

CV format that lists employment in reverse-order by date, highlighting career progression.

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Strong References

Credible individuals who can attest to a candidate’s abilities and character, strengthening a CV.

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Politeness

Courteous behavior toward everyone during the interview process, reflecting good manners and professionalism.