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BUSINESS DICTIONARY
The Letter R
Term | Definition | Knowledge Area | YouTube Video |
|---|---|---|---|
Rate Card | Price list for services (e.g., ads, consulting) | Sales or Advertising | |
Rate of Return | Earnings generated on an investment over a period | Finance or Investment | |
Ratio Analysis | Evaluation of financial performance using ratios | Finance or Analytics | |
Raw Materials | Basic materials used to produce finished goods | Manufacturing | |
Real Estate Investment Trust (REIT) | Company owning or financing income-producing real estate | Finance or Investment | |
Real-Time Data | Information delivered immediately as it’s generated | Technology or Analytics | |
Rebranding | Changing brand identity or market positioning | Marketing or Branding | |
Recapitalization | Reorganizing a company’s capital structure | Finance | |
Receivables | Money owed to the company from customers | Accounting | |
Recession | Economic decline over two consecutive quarters | Economics | |
Reconciliation | Matching financial records for consistency and accuracy | Accounting | |
Recovery Plan | Strategy for restoring operations after disruption | Crisis Management | |
Recruitment | Process of attracting and hiring talent | HR | |
Recruitment Process Outsourcing (RPO) | Delegating hiring processes to a third-party provider | HR | |
Recurring Costs | Regularly occurring operational expenses | Accounting | |
Recurring Revenue | Predictable income received on a regular basis | Finance or SaaS | |
Redundancy | Elimination of roles no longer needed | HR or Operations | |
Reference Check | Process of verifying a candidate’s employment history and performance | HR | |
Regulatory Compliance | Adhering to laws, rules, and industry standards | Legal or Finance | |
Renewable Resources | Natural resources replenished over time (e.g., solar, wind) | Sustainability | |
Reorder Point | Level at which new stock should be ordered | Inventory Management | |
Reputation Management | Efforts to control and enhance public perception | PR or Marketing | |
Request for Proposal (RFP) | Document inviting vendors to submit solutions and pricing | Procurement | |
Research and Development (R&D) | Activities to innovate and develop new products/services | Innovation | |
Reseller | Entity that buys and resells goods or services | Sales or E-commerce | |
Resignation | Voluntary departure of an employee from a company | HR | |
Reskilling | Training employees for new roles or skills | HR or Training | |
Resource Allocation | Assigning available resources to projects or departments | Strategy or Operations | |
Restructuring | Reorganizing a company to increase efficiency or respond to challenges | Strategy or Finance | |
Retained Earnings | Cumulative profits reinvested into the business | Accounting or Finance | |
Retargeting | Advertising to users who previously interacted with a brand | Digital Marketing | |
Retention Bonus | Payment to incentivize key employees to stay | HR or Compensation | |
Retention Marketing | Strategies to keep and grow existing customers | Marketing | |
Retention Rate | Percentage of employees or customers retained over time | HR or Marketing | |
Retirement Plan | Employer-sponsored savings program for employees’ retirement | HR or Benefits | |
Retrenchment Strategy | Cost-cutting approach to stabilize financial health | Strategy | |
Return on Assets (ROA) | Profitability ratio comparing net income to total assets | Finance | |
Return on Equity (ROE) | Profitability ratio comparing net income to shareholders’ equity | Finance | |
Return on Investment (ROI) | Profitability measure comparing gains to cost | Finance or Analytics | |
Revenue Stream | Specific sources through which a business earns money | Finance or Business Model | |
Reverse Logistics | Handling returns, recycling, or disposal of products | Supply Chain | |
Risk Appetite | Level of risk an organization is willing to accept | Governance | |
Risk Assessment | Process of evaluating potential threats and vulnerabilities | Compliance or Operations | |
Risk Management | Identifying and mitigating potential business risks | Compliance or Finance | |
Risk-Based Pricing | Pricing adjusted for customer or market risk factors | Finance or Insurance | |
Roadmap | Timeline or plan outlining business or product goals | Product or Strategy | |
Royalty | Payment for use of intellectual property | Legal or Finance |
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