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  1. A gatekeeper is an employee who controls access, either to someone in authority or to information. For instance, personal assistants, receptionists and executive secretaries in the gatekeeper role have the power to send a visitor straight to the manager or take the opposite tack and tell them that the manager isn’t available.

  2. Dec 12, 2019 · Bureaucracy in business is a hierarchical organization or a company that operates by a set of pre-determined rules. In a large business, there are typically several diverse functions that need to be performed by specialized sub-institutions that report up the management chain. A small business can operate under rules that managers create as ...

  3. Jul 19, 2022 · The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures....

  4. Aug 15, 2020 · Solvency is the ability of a company to meet its long-term debts and other financial obligations. Solvency is one measure of a company’s financial health, since it demonstrates a company’s...

  5. The definition of a KPI, or a key performance indicator, is “a measurable value used to evaluate how successful a person or organization is at reaching a target.” In businesses, key performance indicators can either be high-level or drill down to a specific department or individual.

  6. How a common word became a staple of business jargon The scale of scale is changing. Scale already has many meanings, and no wonder: each meaning has a different root. There's the noun scale (“a machine for weighing”), which comes from the Old Norse word meaning “bowl” or “scale of a balance”; this scale originally meant “cup” or “bowl” in English.

  7. Sep 13, 2022 · An Explanation of Marketing in Business. Marketing is the process of interesting potential customers and clients in your products and/or services. The key word in this marketing definition is "process"; marketing involves researching, promoting, selling, and distributing your products or services. It's a huge topic, which is why there are tomes ...

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