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All articles starting with B

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Business case

A business case is a document, and the process of producing it, that tests and seeks approval for an investment proposal by setting out options, costs, benefits, and risks.

Business casual

Business casual (office casual) is a neat, professional but relaxed workplace dress code, first recorded 1965–70, spread via Silicon Valley and Casual Friday in the late 1980s–1990s, now the most common office attire.

Business class

Business class, also called executive class, is the premium airline cabin between first and economy, pioneered by Pan Am's Clipper Class in 1978 and adopted by Qantas in 1979.

Business communication

Business communication is the purposeful exchange of information within and between organizations, geared to a defined audience and meant to inform, instruct, or persuade for practical ends.

Business confidence

Business confidence is a measure of how firms expect their own business situation and prospects to develop, published as a net balance or index from recurring surveys.

Business continuity planning

Business continuity planning, or BCP, is the process of keeping an organization's products and services running during a disruption, governed by the ISO 22301 standard.

Business cycle

The business cycle, also called the trade cycle, is the recurring alternation of expansion and contraction in economic activity such as output, employment, and income.

Business day

A business day, also known as a working day, is a day on which banks, financial markets, or other institutions are open for general business, unlike a calendar day.

Business development

Business development, also known as biz dev, is the organizational function that creates new revenue opportunities through markets, partnerships, and relationships, handing qualified opportunities to sales.

Business economics

Business economics is a field of applied economics, defined by Joel Dean as economic analysis applied to business policy, studying the financial, organizational, market-related, and environmental issues corporations face.

Business ethics

Business ethics, also known as corporate ethics, studies the moral aspects of trading goods and services and the conduct of the organizations supplying them, emerging as an academic field in the 1970s.

Business glossary

Business glossary: a centralized repository of business terms and definitions giving an organization a common language, distinct from a data dictionary (technical metadata) and data catalog (platform), with five pillars: clarity, consistency, context, connection, curation.

Business incubator

A business incubator, also called a startup incubator, is an organization that provides early-stage companies with workspace, mentoring, networks, and back-office services, a model dating to 1959.

Business Insider

Business Insider is a New York-based business, technology, and economy news site founded in 2007 as Silicon Alley Insider by Henry Blodget, Kevin Ryan, and Dwight Merriman, acquired by Axel Springer in 2015 at a $442 million valuation and rebranded Insider in 2021 before returning to the Business Insider name in 2023.

Business intelligence

Business intelligence (BI) is the set of techniques and practices that transforms raw data from an organization into meaningful information. Richard Devens first used the term in 1865.

Business intelligence developer

A business intelligence developer designs, builds, and maintains the reporting layer of an organization's data stack: data models, SQL queries, and dashboards in tools such as Power BI, Tableau, and OLAP platforms, distinct from data analysts who use these systems.

Business jet

A business jet, or bizjet, is a jet-powered aircraft used in business aviation, carrying passengers or goods for companies and individuals, generally not for public hire.

Business letter

A business letter, also called a formal letter or commercial correspondence, is formal written communication between an organization and external parties, typically printed on letterhead and used where formality matters.

Business magnate

A business magnate, also called a business tycoon, mogul, or baron, is an especially wealthy businessperson whose fortune comes from entrepreneurial activity, a subgroup of the broader economic elite.

Business model

A business model describes how a company creates, delivers, and captures value while generating profit; scholars still lack a consensus definition, and the dominant framework is Osterwalder's nine-block Business Model Canvas.

Business model canvas

The business model canvas is a one-page template with nine blocks describing how an organization creates, delivers, and captures value, created by Alexander Osterwalder and Yves Pigneur.

Business networking

Business networking, also called professional networking, is goal-directed behavior aimed at building and using informal relationships that facilitate work-related activities such as finding clients, jobs, referrals, and information.

Business plan

A business plan is a written document describing what a company does, its goals, strategy, and financial projections, prepared for lenders, investors, or its own management.

Business Plot

The Business Plot, also called the Wall Street Putsch or White House Putsch, was an alleged 1933 conspiracy by wealthy businessmen to overthrow President Franklin D. Roosevelt. It became public through retired Marine General Smedley Butler's 1934 testimony to the McCormack-Dickstein Committee, which verified his core claims but led to no prosecutions.

Business process

A business process, also called a business method, is a set of interrelated activities that uses inputs to deliver an intended result, such as a product, service, or decision.

Business Process Execution Language

Business Process Execution Language (BPEL, formally WS-BPEL) is an OASIS-standardized XML language describing business processes that orchestrate interactions between a process and its partners through web services interfaces.

Business process management

Business process management (BPM) is a management discipline that discovers, designs, monitors, optimizes, and automates an organization's business processes, distinct from methodologies like Six Sigma and Lean.

Business Process Model and Notation

Business Process Model and Notation (BPMN) is a graphical standard for modeling business processes, maintained by the Object Management Group; version 2.0.2 was adopted in 2014.

Business process modeling

Business process modeling, also called business process design, is the practice of diagramming an organization's activities, decisions, and responsibilities, most commonly in the BPMN notation, so processes can be analyzed or executed by software.

Business process outsourcing

Business process outsourcing (BPO) is the contracting of functions like customer service, payroll, or claims processing to an external provider, with the client remaining accountable for outcomes.