Category
page 2Business terms
small business
private business with relatively small number of employees, capital, or revenue
horizontal integration
increasing production of at the same level of the supply chain through acquisition, merger or internal expansion
customer satisfaction
provides a leading indicator of consumer purchase intentions and loyalty
business broker
person who acts as an intermediary between sellers and buyers of private businesses

lease
thumb|right|200px|A sign in Chicago offering space for lease
delivery
process of transporting goods from a source location to a predefined destination
creative director
designation in industries
operations management
area of management concerned with designing and controlling the process of production and redesigning business operations
human resource management system
software for, eg., recruitment, benefits administration, attendance records, payroll
product life-cycle management
successive marketing strategies as a product goes through its commericial appeal life-cycle
elevator pitch
short sales pitch
value investing
investment paradigm that involves buying securities that appear underpriced by some form of fundamental analysis
Product-Market Growth Matrix
Expansion strategies-Ansoff Matrix
business park
area of land many office buildings grouped together
business process reengineering
business management strategy
honorarium
An honorarium is an ex gratia payment, i.e., a payment made, without the giver recognizing themself as having any liability or legal obligation to the recipient for their volunteered services, or for services for which fees are not traditionally required. It is a common remuneration practice in schools or sports clubs, for teachers and coaches. Another example includes the payment to guest speakers at a conference meeting to cover their travel, accommodation, or preparation time. Services for funerals and/or memorial services are often paid by honorarium, as the clergy and other people such as
monetary system
set of institutions by which a government provides money in a country's economy
back office
organizational concept describing the part of a company that ensures proper execution of transactions
business process outsourcing
form of outsourcing
full-time equivalent
unit of workload devoted to a task or project, equivalent to one person working full-time
forfaiting
In trade finance, forfaiting is a service providing medium-term financial support for export/import of capital goods. The third party providing the support is termed the forfaiter. The forfaiter provides medium-term finance to, and will commonly also take on certain risks from, the importer; and takes on all risk from the exporter, in return for a margin. Payment may be by negotiable instrument, enabling the forfaiter to lay off some risks. Like factoring, forfaiting involves sale of financial assets from the seller's receivables. Key differences are that forfaiting supports the buyer (importe
overhead
ongoing operating expense which do not directly generate profits, but which is vital to to profit making
knowledge worker
worker whose main capital is knowledge
virtual office
part of the flexible workspace industry
value-stream mapping
Lean Manufacturing Approach
front office
organizational concept describing the part of a company that comes in contact with clients
robber baron
American Gilded Age industrialists who allegedly used ruthless, cruel, or otherwise unethical means to aquire wealth
service provider
organization that provides organizations with services
professionalism
Professionalism is a set of standards that an individual is expected to adhere to in a workplace, usually in order to appear serious, uniform, and/or respectful. What constitutes professionalism is hotly debated and varies from workplace to workplace and between cultures. Professionalism is typically defined as a mix of professional ethics and dress code.
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Cross-docking
thumb|upright=1.3|Example of cross-docking: incoming parcels (left) are sorted by label for output (right)
responsibility assignment matrix
tool used for project and business process management
pink money
purchasing power of the LGBTI community
blind carbon copy
allows the sender of a message to conceal the person entered in the BCC field from the other recipients
yield management
operational business strategy
job hunting
the act of looking for employment
total productive maintenance
system of maintaining and improving the integrity of production, safety and quality systems through the machines, equipment, processes, and employees that add business value to an organization
Build to order
production approach
golden parachute
agreement providing significant compensation to a business executive who is fired, such as due to a merger
bottleneck
limitation point of a production process
business analyst
someone who analyses the existing or ideal organization and design of systems
big business
opposite of small business
business networking
forming professional relationships between people, businesses, or groups
managed services
type of service provider
brick and mortar
class of organisations or businesses who heavily rely on buildings, production facilities, or physical stores for operations
order
stated intention to engage in a commercial transaction for specific products or services
custom house
government office building for import and export of goods
critical success factor
management term for an element that is necessary for an organization or project to achieve its mission
strategic thinking
mental or thinking process applied by an individual in the context of achieving a goal or set of goals

reseller
alt=Branded Jeans on hanger inside of a local thrift store, with a price tag listed at $13.99.|thumb|right|American Eagle Outfitters jeans for sale at a thrift store
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them for profit rather than consuming or using them. Resale can be seen in everyday life from yard sales to selling used cars.
dashboard
type of software or components thereof
strategic alliance
agreement between two or more parties
Manufacturing resource planning
Process of production planning and control
cash cow
business jargon
materials management
material management supply chain
economic index
statistical measure which measure the changes in economics and finance
country risk
risk of investing or lending in a country, arising from possible changes in the overall business environment
Cornering the market
commerce phenomenon
business process automation
technology-enabled automation of complex business processes
Granularity
Granularity (also called graininess) is the degree to which a material or system is composed of distinguishable pieces, "granules" or "grains" (metaphorically).
It can either refer to the extent to which a larger entity is subdivided, or the extent to which groups of smaller indistinguishable entities have joined together to become larger distinguishable entities.
value-added reseller
company that combines one or more existing products, adds features or services, and resells (usually to end-users) as an integrated product