A collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.

Analyzing business processes to determine if there is a more effective way to perform the existing ones, or if they should be completely re-designed. Typical reasons for BPI include outmoded processes or

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 management approach focused on aligning all aspects of an organization with the wants and needs of clients. Involves the use of appropriate tools and techniques to design, analyze, and manage operational

Refer to business process re-engineering.

The analysis and design of workflows and processes within an organization. A business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering is the basis

If representatives were to be bodily harmed or injured or if any damage were to be done to the property, insurance for the business owned property would cover it.

A phrase denoting that the main intent of traveling out of town was to transact business.

Business receipts represent the gross receipts or sales less returns and allowances from trade or business income.

This is another part of the business continuity planning executed if a disaster should occur. The whole goal of the planning is to make sure the business will recover at an equal

The RISK of loss arising from a temporary disruption in business activities due to lack of accessibility to physical infrastructure. Business recovery risk is typically firm, business or productspecific and generally not

Freepost is a postal service provided by various postal administrations, whereby a person sends mail without affixing postage, and the recipient pays the postage when collecting the mail. Freepost differs from self-addressed

Anything and everything that helps a company operate and do business.

The process in which all operations of a business or firm are restored after a disaster or emergency.

A business (also known as acompany, enterprise, and firm’) is a legally recognized organization designed to provide goods or services, or both, to consumers, businesses and governmental entities. Businesses are predominant in

A type of coverage that is often omitted from product liability insurance. Business risk occurs when a company manufactures or sells a product that does not meet the level of performance that

A Business rule is a statement that defines or constrains some aspect of the business. It is intended to assert business structure or to control or influence the behavior of the business.

A business scenario is a view of a possible future external environment based on a set of assumptions about important uncertainties which face the business and which may affect organizational performance.

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

In economics, the business sector is a subset of the domestic economy excluding the economic activities of general government, private households, and nonprofit organizations serving individuals.