Category: B

The sum of all income and expenses which are the result of a business operated by the trust or estate.

The variety of guest types at a hotel that together make up the hotel’s clientele. A typical business mix might be part business travelers, leisure travelers and convention business.

Assumptions and other principles that are underlying a business process design and this also determines the activities or events and how they are played out.

A graduate school offering study leading to a degree of Master in Business Administration grad school, graduate school – a school in a university offering study leading to degrees beyond the bachelor’s

When a business needs their marketing and advertising services outsourced, these agents specialize in just that. Agencies in the B2B business contract their services on a paid per performance basis.

An order typically from a large institutional investor to a broker to purchase all the shares available at the market from the specialist and other brokers and dealers at the current offer

A sequence of 8 bits (enough to represent one character of alphanumeric data) processed as a single unit of information.

A asset whose changes are made to make services better.

1.the place that customers don’t get to see. Services are provided that are vital but go unseen. Refer to front end. 2. A commission an independent agent gets for sales they recruited.

Reviewing a parties confidential and public information to investigate their history. This done during the hiring process to clear employees with a criminal history and confirm information given. The government uses them

Making a chart starting with the result and going backwards to make subprocesses. The goal is to create output at a specific level of quality.

A guess with some knowledge. It should fall in a reasonable range.

An event that means success or failure for a company or party. This is common for new companies.

The issues that prevent communication in an office. Some of these barriers are status, gendre, cultural, prejucdices, and environment.

How new products are recieved by their users.

When a residential area is full of commuters. They work somewhere else and simply sleep at their homes.

A security that sells below par value. It is discounted. The face value is 100 and the discount is a factor of 100. AKA at a discount.

A union between Belgium, Netherlands, and Luxembourg. It was stared in 1948 to decrease imports and let labor and capital move between the countries. Its now a part of the European Union.

When air is pushed into a furance burning off impurities. It makes pig iron more pure. It is the old method of steal manufacturing.

The UK practice of controlling pollution without penalties. The costs of pollution are covered by economic benefits. It allows more that would be standard emissions. AKA best practicable means.