Next year I'll be taking Business and Management as a course for my first IB year. What terms would I need to know if I were to be a manager? Problems? Strategies? Etc. Please answer as fully as you can (and not link me to other pages with a ton of writing!).

Thanks in advance!

The bottom line.
Net profit.
Productivity.
Customer service.
Quality product.
Profit ratio.
Supply and demand.
Marketing strategies.
Diminishing returns.
Cost of goods sold.
Spoilage.
Bonuses.
Employee satisfaction.
Turnover ratio.
Product life.
etc.

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