Talent Acquisition

Strategic process of finding and hiring skilled employees

HR

Talent Management

Strategic approach to developing and retaining employees

HR

Target Audience

Group of people most likely to buy your product or service

Marketing

Target Pricing

Pricing based on what customers are willing to pay

Pricing Strategy

Targeted Advertising

Personalized ads shown to specific consumer segments

Digital Marketing

Task Management

Organizing and tracking responsibilities and deadlines

Project Management

Tax

Mandatory financial charge by government on income or business activity

Finance or Accounting

Tax Deduction

Expense that reduces taxable income

Accounting or Tax

Tax Incentive

Reduction in taxes to encourage certain business activities

Policy or Finance

Tax Liability

Total tax owed to the government

Accounting or Finance

Tax Return

Report filed with tax authorities detailing income, expenses, and liability

Accounting or Finance

Team Building

Activities designed to strengthen team dynamics and collaboration

HR or Leadership

Team Dynamics

Interactions and relationships among team members

HR or Leadership

Team Structure

Configuration of roles and reporting relationships in a team

HR or Organization

Technical Analysis

Analyzing securities through price charts and trends

Finance or Investments

Telecommuting

Working remotely using digital tools

HR or Operations

Tender

Formal offer to supply goods or services at a stated cost

Procurement or Contracts

Terms and Conditions (T&Cs)

Rules governing a business transaction or agreement

Legal or Contracts

Test Market

Trial release of a product in a limited area

Marketing

Third-Party Logistics (3PL)

Outsourced logistics services including warehousing and delivery

Supply Chain

Third-Party Vendor

Independent contractor or business providing services or goods

Procurement

Thought Leadership

Establishing authority by sharing expert insights

Marketing or Branding

Tiered Pricing

Different pricing levels based on usage or volume

Pricing Strategy

Time Management

Planning and controlling how time is spent

Productivity or HR

Time Tracking

Monitoring employee or project work hours

HR or Productivity

Time-Based Competition

Gaining advantage by delivering faster than competitors

Strategy or Operations

Time-to-Market (TTM)

Duration from product idea to launch

Product Development

Total Addressable Market (TAM)

Overall revenue opportunity for a product or service

Market Research

Total Quality Management (TQM)

Continuous improvement focused on customer satisfaction

Quality or Operations

Trade Agreement

Treaty to facilitate trade between countries

International Business

Trade Barrier

Government-imposed restriction on international trade

International Trade

Trade Credit

Deferred payment terms offered by suppliers

Finance or Procurement

Trade Deficit

When a country imports more than it exports

Economics

Trade Secret

Confidential business information that provides a competitive edge

Legal or IP

Trade Show

Event for promoting and networking with industry peers

Marketing or Sales

Trade Surplus

When a country exports more than it imports

Economics

Trade-off

Compromise between two desirable but conflicting outcomes

Strategy or Economics

Trademark

Symbol or name legally registered for exclusive use

Legal or Branding

Trademark Infringement

Unauthorized use of a registered trademark

Legal or IP

Training Needs Analysis

Identifying skills gaps to design effective training

HR or Development

Training and Development

Programs aimed at improving employee skills and performance

HR

Transaction

Any business activity involving an exchange of value

Finance or Accounting

Transaction Fee

Charge for processing a sale or financial transaction

Finance

Transactional Leadership

Leadership style based on rewards and punishments

HR or Leadership

Transfer Pricing

Pricing of transactions between company subsidiaries

Finance or Tax

Treasury Management

Managing company cash, investments, and financial risk

Finance

Trial Balance

Report ensuring debits equal credits in a ledger

Accounting

Turnaround Strategy

Plan to recover and restore profitability

Strategy

Turnover

Total sales revenue OR rate of staff leaving and being replaced

Finance or HR