Management

An executive director may be a member of a board or firm who is additionally an employee of the corporate and has management responsibilities. Executive…

An executive director is a member of a board of directors for a corporation or organization, but the meaning of the term varies between countries.…

A non-executive director (abbreviated to non-exec, NED, or NXD) is a member of a company’s or organization’s board of directors who is not part of…

Purchasing is an activity that’s a subset of the Procurement process. Procurement involves sourcing and gets of products, services, and works from the external source, so on fulfill the…

Mail Order Business A mail-order business is one that receives and fulfills orders for merchandise through the mail. This is a kind of retail business, which…

Business Continuity Management (BCM) integrates the disciplines of Emergency Response, Crisis Management, Disaster Recovery (technology continuity), and Business Continuity (organizational/operational relocation). It’s important to designate…

Business Continuity (BC) is the intended outcome of proper execution of Business continuity planning and Disaster recovery. It is the payoff for cost-effective buying of…

Business Continuity Planning (BCP or business continuity and resiliency planning) is the process involved in creating a system of prevention and recovery from potential threats…

Letter of Application A letter that offers to the company for subscription to its capital is called a letter of application. The letter of application,…

Public service is a service intended to serve all members of a community. A public service company or public utility company is a corporation or…

Bounded rationality is the term given to decision-making that attempts to make sense of the world by the way a person takes in information and…

Relational capital is a type of intangible asset established by a business based on its reputation and relationships with stakeholders. It is one of the…