business process
collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers
provisioning
process of preparing and equipping a network
takeover
purchase of one company (the target) by another
hydrocarbon exploration
search for hydrocarbons
Business process mapping
business process
test and learn
set of practices followed by retailers, banks and other consumer-focused companies to test ideas in a small number of locations or customers to predict impact
standard operating procedure
set of step-by-step instructions compiled by an organization to help workers carry out routine operations
mergers and acquisitions
transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined
Corporate raid
process of buying a large stake in a corporation and then using shareholder voting rights to require major changes
restructuring
reorganization of an entity, including legal, ownership, operational or other structures
medical billing
part of the US health system's reimbursement process
workflow
defined sequence of activities of an organizational entity, enabled by the systematic organization of resources into processes that transform materials, provide services, or process information
order fulfillment
fulfillment of orders
order fulfillment
fulfillment of orders
drop shipping
supply chain management method in which the retailer directs their suppliers to ship directly to the retailer's customers
weeding
systematic removal of resources from a library based on selected criteria
planned obsolescence
practice of planning or designing a product with an artificially limited useful life
Service fulfillment
process of providing services to telecommunication subscribers
two sets of books
business practice of keeping multiple accounting records in parallel, prepared according to different standards
procedure
defines how to implement one or several activities of a business process, identifies the sequence of steps, and specifies for each step what needs to be done, when, and by whom
outsourcing
contracting out of an internal business process to a third-party organization
company merger
type of merger of company / business
payment processing
financial activity
commercialization
process of introducing a new product or production method into commerce
order processing
work-flow to fulfil an order
order processing
work-flow to fulfil an order
telecommunications billing
group of processes of communications service provider dealing with payment of services
library collection development
process of building the library materials to meet the information needs of the users
customer intelligence
gathering and analyzing customer information
Dynamic currency conversion
Process whereby currency conversion for a card transaction is performed by the merchant or ATM instead of the card issuer
Record to report
finance and accounting management process
tax noncompliance
range of legal and illegal activities that reduce tax paid
storytelling
business method used to convey relevant information via narration
concurrent insurance
practice of multiple insurance companies acting as primary insurers of the same risk
electronic billing
electronic presenting and payment of bills
settlement
collective term for all operations relating to the payment of money
asset recovery
process of recovering value from surplus or end-of-life business assets
business operations
managing a business to achieve the three fundamental management imperatives of generating recurring revenue, increasing and securing the value of the business
amalgamation
legal consolidation of two or more business entities into one entity
cost reduction
process used by companies to reduce their costs and increase their profits
customer success
business and marketing strategy proactively focusing on customers achieving desired outcomes using a product or service
location intelligence
process of deriving meaningful insight from geospatial data relationships to solve a particular problem
demerger
form of corporate restructuring