Marketing - Answers Promotes products, identifies customer needs, sets prices, and drives sales
Operations - Answers Creates goods/services efficiently and manages production processes
Finance/Accounting - Answers Tracks money, budgets, controls costs, and reports financial
performance
Human Resources (HR) - Answers Hires, trains, supports, and retains employees
Purpose of business - Answers Create value for customers while earning a profit
Business analytics - Answers Using data and technology to improve decision-making
Descriptive analytics - Answers Shows what happened (reports, dashboards)
Predictive analytics - Answers Forecasts what might happen (sales predictions)
Prescriptive analytics - Answers Recommends what actions to take
Leadership - Answers Inspiring and motivating people toward goals
Management - Answers Planning, organizing, and controlling resources
Autocratic leadership - Answers Leader makes decisions alone
Democratic leadership - Answers Team participates in decisions
Transformational leadership - Answers Inspires change and innovation
Laissez-faire leadership - Answers Little guidance; employees work independently
Servant leadership - Answers Leader focuses on serving and supporting others
Digital transformation - Answers Using digital tech to redesign business processes
Artificial Intelligence (AI) - Answers Machines performing tasks that mimic human thinking
Automation - Answers Technology completing repetitive tasks automatically
Ethics - Answers Standards of right and wrong behavior
Corporate Social Responsibility (CSR) - Answers Business responsibility to society and the
environment
Liability - Answers Legal responsibility for harm or damage
Intellectual property - Answers Patents, copyrights, and trademarks protecting ideas
Change readiness - Answers Preparedness for change
Continuous improvement - Answers Ongoing small changes to improve performance
Design thinking - Answers User-focused problem solving through empathy, testing, and creativity