Archives: Vocabulary

Comfortable chairs

June 20, 2022 0 Comments
Comfortable chairs

A recliner is an armchair or sofa that reclines when the occupant lowers the chair’s back and raises its front. It has a backrest that...

read more

business model

June 20, 2022 0 Comments
business model

Al-Debei and Avison (2010) define a business model as an abstract representation of an organization, be it conceptual, textual, and/or graphical, of all core interrelated...

read more

liquidators

June 20, 2022 0 Comments
liquidators

In law, a liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the...

read more

Liquidation

June 20, 2022 0 Comments
Liquidation

In law and business, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets...

read more

production

June 20, 2022 0 Comments
production

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output). It is...

read more

lunchroom

June 20, 2022 0 Comments
lunchroom

A cafeteria is a type of food service location in which there is little or no waiting staff table service, whether a restaurant or within...

read more

Construction

June 20, 2022 0 Comments
Construction

Construction is the process of preparing for and forming buildings and building systems. Construction starts with planning, design, and financing and continues until the structure...

read more

Dealer

June 20, 2022 0 Comments
Dealer

Franchising is the practice of the right to use a firm’s successful business model and brand for a prescribed period of time. The word “franchise”...

read more

vendors

June 20, 2022 0 Comments
vendors

In a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock items...

read more

Better Business Bureau

June 20, 2022 0 Comments
Better Business Bureau

The Better Business Bureau (BBB), founded in 1912, is a nonprofit organization focused on advancing marketplace trust, consisting of 112 independently incorporated local BBB organizations...

read more

Pin It on Pinterest