BUSINESS GAME

Also called business simulation game) refers to simulation games that are used at an educational tool for teaching business.

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BUSINESS CRITICAL POINT

When a critical process or function has made it so that a business or firm is no longer able to continue.

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BUSINESS GIFT

The cost of qualified business gifts is deductible to a maximum of $25 per year per client or customer. The $25 limit does not apply to promotional items costing $4 or less on which the taxpayer’s name is clearly imprinted.

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BUSINESS CULTURE

Etiquette (pronounced [,eti’ket]) is a code of behavior that delineates expectations for social behavior according to contemporary conventional norms within a society, social class, or group.

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BUSINESS HOURS

Those hours of the day during which, in a given community, commercial, banking, professional, public, or other kinds of business are ordinarily carried on. This phrase is declared to mean not the time during which a principal requires an employee’s services, but the business hours of the community generally. Derosia v. Railroad Co., 18 Minn. 133, (Gil. 119.)

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BUSINESS DAY

A business day is considered every official working day of the week. Another common term is working day. Typically, these are the days between and including Monday to Friday and do not include public holidays and weekends.

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BUSINESS IMPACT ANALYSIS (BIA)

A formal analysis of the effect on the business if a specific set of IT services are not available. It will also identify the minimum set of services that an organisation will require to continue operating.

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BUSINESS DESIGN

An enterprise architecture (EA) is a rigorous description of the structure of an enterprise. EA describes the terminology, the composition of subsystems, and their relationships with the external environment, and the guiding principles for the design and evolution of an enterprise.

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BUSINESS DRIVERS

The tasks, the information and the people that promote and support the goals of the enterprise. The requirements that describe what the business wants (e.g., more quality data, faster response to queries).

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BUSINESS ENTITY

Companies law (or the law of business associations) is the field of law concerning companies and other business organizations. It is an establishment formed to carry on commercial enterprises.

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