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Glossary Of Business And Management Terms
The following terms are in everyday use in financial regions, such as commercial business and the management of large organisations such as corporations. Noun phrases Verb phrases See also * Buzzwords * Corporate communication * Corporate jargon * Doublespeak * Euphemism * Obfuscation References * {{DEFAULTSORT:Business terms Terms Business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ... Wikipedia glossaries using tables ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with Sole proprietorship, sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Circle The Wagons
Circle the wagons is an English language idiom which may refer to a group of people who unite for a common purpose. Historically the term was used to describe a defensive maneuver which was employed by the Americans in 19th century. The term has evolved colloquially to mean people defending each other. Etymology In America during the mid 1800s many pioneers traveled west by wagon. Typically these were Conestoga wagons and they traveled west in a single file line known as a wagon train. At night the wagons would form a circle around their encampment and livestock for defensive reasons. A common myth traces the phrase to settlers circling their wagons to fight off native tribes. "Circling the wagon" is still an idiomatic expression for a person or group preparing to defend themselves against attack or criticism. English language uses In contemporary English the phrase ''Circle the wagons'' is often used figuratively and idiomatically to describe members of a group protecting ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Obfuscation
Obfuscation is the obscuring of the intended meaning of communication by making the message difficult to understand, usually with confusing and ambiguous language. The obfuscation might be either unintentional or intentional (although intent usually is connoted), and is accomplished with circumlocution (talking around the subject), the use of jargon (technical language of a profession), and the use of an argot (ingroup language) of limited communicative value to outsiders. In expository writing, unintentional obfuscation usually occurs in draft documents, at the beginning of composition; such obfuscation is illuminated with critical thinking and editorial revision, either by the writer or by an editor. Etymologically, the word ''obfuscation'' derives from the Latin , from ''obfuscāre'' (to darken); synonyms include the words beclouding and abstrusity. Medical Doctors are faulted for using jargon to conceal unpleasant facts from a patient; the American author and physicia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euphemism
A euphemism () is an innocuous word or expression used in place of one that is deemed offensive or suggests something unpleasant. Some euphemisms are intended to amuse, while others use bland, inoffensive terms for concepts that the user wishes to downplay. Euphemisms may be used to mask profanity or refer to topics some consider taboo such as disability, sex, excretion, or death in a polite way. Etymology ''Euphemism'' comes from the Greek word () which refers to the use of 'words of good omen'; it is a compound of (), meaning 'good, well', and (), meaning 'prophetic speech; rumour, talk'. '' Eupheme'' is a reference to the female Greek spirit of words of praise and positivity, etc. The term ''euphemism'' itself was used as a euphemism by the ancient Greeks; with the meaning "to keep a holy silence" (speaking well by not speaking at all). Purpose Avoidance Reasons for using euphemisms vary by context and intent. Commonly, euphemisms are used to avoid directly addressing sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doublespeak
Doublespeak is language that deliberately obscures, disguises, distorts, or reverses the meaning of words. Doublespeak may take the form of euphemisms (e.g., "downsizing" for layoffs and "servicing the target" for bombing), in which case it is primarily meant to make the truth sound more palatable. It may also refer to intentional ambiguity in language or to actual inversions of meaning. In such cases, doublespeak disguises the nature of the truth. Doublespeak is most closely associated with political language. Origins and concepts The term "doublespeak" derives from two concepts in George Orwell's novel ''Nineteen Eighty-Four'', "doublethink" and "Newspeak", though the term is not used in the book. Another variant, "doubletalk", also referring to deliberately ambiguous speech, did exist at the time Orwell wrote his book, but the usage of "doublespeak", as well as of "doubletalk", in the sense emphasizing ambiguity clearly postdates the publication of ''Nineteen Eighty- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Jargon
Corporate jargon, variously known as corporate speak, corporate lingo, business speak, business jargon, management speak, workplace jargon, corporatese or commercialese, is the jargon often used in large corporations, bureaucracies, and similar workplaces."corporate argot" iThe Jargon Jumble: Kids Have 'Skeds,' Colleagues, 'Needs' ''The Wall Street Journal'', 24 October 2006 The tone is associated with managers of large corporations, business management consultants, and occasionally government. Reference to such jargon is typically derogatory, implying the use of long, complicated, or obscure words, abbreviations, euphemisms, and acronyms. For that reason some of its forms may be considered as an argot. Some of these words may be actually new inventions, designed purely to fit the specialized meaning of a situation or even to "spin" negative situations as positive situations, for example, in the practice of greenwashing. Although it is pervasive in the education field, its use has be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Communication
Corporate communication is a set of activities involved in managing and orchestrating all internal and external communications aimed at creating favourable point of view among stakeholders on which the company depends.Riel, Cees B.M. van; Fombrun, Charles J. (2007). Essentials Of Corporate Communication: Abingdon & New York: Routledge. . It is the messages issued by a corporate organization, body, or institute to its audiences, such as employees, media, channel partners and the general public. Organizations aim to communicate the same message to all its stakeholders, to transmit coherence, credibility and ethics. Corporate communication helps organizations explain their mission, combine its many visions and values into a cohesive message to stakeholders. The concept of corporate communication could be seen as an integrative communication structure linking stakeholders to the organisation. 1. It enables people to exchange necessary information and 2. It helps to set members of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buzzwords
A buzzword is a word or phrase, new or already existing, that becomes popular for a period of time. Buzzwords often derive from technical terms yet often have much of the original technical meaning removed through fashionable use, being simply used to impress others. Some "buzzwords" retain their true technical meaning when used in the correct contexts, for example artificial intelligence. Buzzwords often originate in jargon, acronyms, or neologisms.Grammar.About.com - definition of buzzword Examples of overworked business buzzwords include ''synergy'', ''vertical'', ''dynamic'', ''cyber'' and ''strategy''. It has been stated that es could not operate without buzzwords, as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flogging A Dead Horse
Flogging a dead horse (or beating a dead horse in American English) is an idiom ascribed to Anglophones which means that a particular effort is futile, being a waste of time without a positive outcome, e.g. such as flogging a dead horse, which will not compel it to useful work. Early usage The expression is said to have been popularized by the English politician and orator John Bright. Speaking in the House of Commons in March 1859 on Bright's efforts to promote parliamentary reform, Lord Elcho remarked that Bright had not been "satisfied with the results of his winter campaign" and that "a saying was attributed to him rightthat he adfound he was 'flogging a dead horse'." The earliest instance cited in the ''Oxford English Dictionary'' dates from 1872, when '' The Globe'' newspaper, reporting the Prime Minister, William Gladstone's, futile efforts to defend the Ecclesiastical Courts and Registries Bill in the Commons, observed that he "might be said to have rehearsed that par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unique Selling Proposition
In marketing, the unique selling proposition (USP), also called the unique selling point, or the unique value proposition (UVP) in the business model canvas, is the marketing strategy of informing customers about how one's own brand or product is superior to its competitors (in addition to its other values). It was used in successful advertising campaigns of the early 1940s. The term was coined by television advertising pioneer Rosser Reeves of Ted Bates & Company. Theodore Levitt, a professor at Harvard Business School, suggested that, "Differentiation is one of the most important strategic and tactical activities in which companies must constantly engage." The term has been extended to cover one's " personal brand". Definition A unique selling proposition (USP) refers to the unique benefit exhibited by a company, service, product or brand that enables it to stand out from competitors. The unique selling proposition must be a feature that highlights product benefits that are me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. "Run the business" and "Change the business" are two concepts that are used in management to differentiate between the continued delivery of goods or services and adapting of goods or services to meet the changing needs of customers - see trend. The term "management" may also refer to those people who manage an organization—managers. Some people study management at colleges or universities; major degrees in management includes the Bachelor of Commerce (B.Com.), Bachelor of Business Adminis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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