Business terms

Microwork is a series of many small tasks which together comprise a large, unified project completed by many people over the Internet. Microwork is considered the smallest unit of work in a virtual assembly line. It is most often used to describe tasks for which no efficient algorithm has been devised and require human intelligence to complete reliably. The term was developed in 2008 by Leila Chirayath Janah of Samasource.

financial term for the rate at which a company is losing money, typically expressed in monthly terms

philosophy of business effectiveness

agreement where the customer will be charged for time and materials used

Model of organisational change

activity or entity that does not, in some sense, involve commerce, at least relative to similar activities that do have a commercial objective or emphasis

thumb|Lease purchase agreement (click to view pages)

business expansion through increasing output and sales as opposed to mergers, acquisitions and takeovers

work for occupying time or that creates only an illusion of value

enterprise solution providing real time information about the status and results of various operations, processes, and transactions

attribute of a part, product or process

indirect sales process

organization for sharing services between a variety of clients

the sum of, and interactions between, information-oriented organisations

style of leadership

network analysis technique

type of contract where the payment amount does not depend on actual resources used or time expended

strategies to facilitate international trade

program where an employee ends their relationship with a company

Under-capitalization refers to any situation where a business cannot acquire the funds they need. An under-capitalized business may be one that cannot afford current operational expenses due to a lack of capital, which can trigger bankruptcy, may be one that is over-exposed to risk, or may be one that is financially sound but does not have the funds required to expand to meet market demand.

agreement between businesses, usually motivated by cost reduction and improved service for the customer

risk that poor or indecisive decisions may pose to a company, organization or social entity

business's list of open, unshipped, customer orders

Lessor is a participant of the lease who takes possession of the property and provides it as a leasing subject to the lessee for temporary possession. For example, in leasehold estate, the landlord is the lessor and the tenant is the lessee. The lessor may be the owner of the property or an agent authorized on the owner's behalf. Commercial banks, credit non-bank organizations, leasing companies often act as lessors.

Stock market index whose components are weighted by total market value

contract involving additional payment to allow for profit

trade facilitation concept

contract clause for a severance package

social network managed by an organisation in order to promote communication between its members

Business practice to maintain competitive or advertising advantage

market for replacement parts, upgrade and maintenance original equipment

proportionally weighted stock market index

business theory term dealing with negotiations