Online Business Any form of business transaction that occurs through the internet is considered an Online Business. A businessman who sells things over the Internet has an online business...
Ceteris Paribus Ceteris Paribus is a term used in a hypothetical situation to help explain or theorize a certain change where the aim is to isolate one or two variables...
Minority-Enterprise Small-Business Investment Company (MESBIC) Minority-Enterprise Small-Business Investment Company (MESBIC) is a small-business investment company owned and operated by minority-group members; established industrial or financial concerns,
Decentralized business Decentralized business is an organization in which a significant amount to the authority to make decisions is delegated to lower-level
Centralized business Centralized business is an organization in which all, or nearly all, authority to make decisions is retained by a small group of managers.
Business Enterprise Business enterprise is an organization involved in exchanging goods, services, or money to earn a profit. It's an individual or company that spots...
Business Profit Business profit is the difference between business income (revenue) and business expenses (costs); the selling price of a product minus all
Business Representative A business representative refers to a union official who negotiates and administers the labor agreement...
Business income (without extra expense) coverage form Business income (without extra expense) coverage form is a form that covers the loss of business income from a covered loss. Extra expenses are covered only to the extent that such expenses reduce
Business Owners' policy Business Owners’ Policy is a package policy specifically designed to meet the basic property and liability insurance needs of smaller business firms in one contract.