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BUSINESS DICTIONARY
The Letter C
Term | Definition | Knowledge Area | YouTube Video |
|---|---|---|---|
Call to Action (CTA) | Prompt to encourage user behavior | Marketing | |
Capital | Wealth used to fund business operations | Finance | |
Capital Expenditure (CapEx) | Funds used to acquire physical assets | Finance | |
Capital Structure | Mix of debt and equity financing | Finance | |
Cash Conversion Cycle | Time between outlay and cash recovery | Finance | |
Cash Flow | Movement of cash in and out of a business | Finance | |
Cash Reserve | Liquid assets kept for emergencies | Finance | |
Channel Strategy | Approach to delivering product to market | Marketing or Sales | |
Chart of Accounts | Organized list of business accounts | Accounting | |
Chief Executive Officer (CEO) | Top executive responsible for strategy | Leadership | |
Chief Financial Officer (CFO) | Executive managing company finances | Leadership or Finance | |
Chief Operating Officer (COO) | Executive overseeing daily operations | Leadership or Operations | |
Churn Rate | Customer attrition over time | SaaS or Analytics | |
Click-Through Rate (CTR) | Percentage of clicks on a digital ad | Marketing | |
Cloud Computing | On-demand remote data storage/services | Technology | |
Clustering | Grouping similar data points or customers | Analytics | |
Co-Branding | Two brands collaborating on a product | Marketing | |
Collateral | Asset pledged for a loan | Finance | |
Commercial Lease | Rental agreement for business space | Legal or Real Estate | |
Compensation | Total payment package for employees | HR or Finance | |
Competitive Advantage | Edge over business rivals | Strategy | |
Competitive Intelligence | Gathering info about competitors | Strategy or Analytics | |
Competitive Pricing | Pricing strategy based on rival prices | Marketing | |
Compliance | Adhering to laws and regulations | Legal or Governance | |
Consolidation | Merging of financial accounts or businesses | Finance or M&A | |
Consumer Behavior | Study of how consumers decide to buy | Marketing | |
Contingency Plan | Backup plan for unforeseen events | Risk Management | |
Continuous Improvement | Ongoing enhancement of products or processes | Operations/ or Quality | |
Contract | Legally binding agreement | Legal | |
Contribution Margin | Revenue minus variable costs | Accounting | |
Controlling Interest | Ownership giving control of a company | Finance | |
Conversion Funnel | Stages of a customer journey to purchase | Marketing or Sales | |
Conversion Rate | Percentage of users who take desired action | Marketing or Analytics | |
Copyright | Protection of original works | Legal or IP | |
Core Competency | Unique strength or advantage of a business | Strategy | |
Corporate Culture | Shared values and behaviors in a company | HR or Leadership | |
Corporate Social Responsibility (CSR) | Ethical and sustainable business practices | Strategy or Branding | |
Corporation | Legal entity separate from its owners | Legal | |
Cost Center | Department that incurs costs but not direct profits | Accounting | |
Cost Leadership | Competing by having the lowest prices | Strategy | |
Cost of Goods Sold (COGS) | Direct cost of producing goods sold | Accounting | |
Cost-Benefit Analysis | Comparing costs and benefits of an option | Strategy | |
Credit | Borrowed money to be repaid later | Finance | |
Credit Line | Pre-approved borrowing limit from a lender | Finance | |
Credit Policy | Guidelines on issuing credit to customers | Finance | |
Creditworthiness | Ability to repay borrowed money | Finance | |
Crowdfunding | Raising funds from large group online | Finance | |
Crowdsourcing | Obtaining input or ideas from a large group | Innovation or Marketing | |
Current Assets | Assets expected to be used within one year | Accounting | |
Customer Acquisition | Gaining new customers | Marketing or Sales | |
Customer Experience (CX) | Overall perception of customer journey | Marketing | |
Customer Journey | Path customers take from awareness to purchase | Marketing | |
Customer Relationship Management (CRM) | Managing company interactions with customers | Sales or Technology | |
Customer Retention | Keeping existing customers over time | Marketing or Sales |
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