business handbook- unit 1- exercises

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freight
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goods that are carried by ship, train or aircraft
household product
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a product used in the home
clothes business
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apparel
food business
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beverages
rooms, equipment or sevices that are used for paricular purpose
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facilities
property
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real estate
public services used by everyone
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ulitilies
the business of selling and buying shares
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brokerage
manufacturing
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transformation of raw materials into finished goods
fabrication
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manufacturing
consumer durables
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manufactured goods that are not destroyed by use
non-durable goods
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goods that last for only a short time
venture
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new business activity, that provides capital for expanding a succesful start-up
merger
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when the two established company join to form one
aacquisition
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when the one companhy buys another.
issue shares
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IPO, flotation, listing on the stock exchange
underwiriting
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guarantee that all the shares will be purchased

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