Word
Meaning

Board of Directors

A group of individuals elected or appointed who jointly oversea the activities of a company.

Broker

Someone who arranges transactions between a buyer and a seller, in return for commission.

Business Plan

A document that describes your business. Covering objectives, strategies, sales, marketing and financial forecast. For a Guide on Business Planning see Business Resources.

Business Rates

A tax, set by the government on business property.

Balance sheet

a statement of the assets, liabilities, and capital of a business or other organisation at a particular point in time, detailing the balance of income and expenditure over the preceding period.

Business model

a plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing.

Business Partner

A commercial entity with which another commercial entity has some form of alliance. This relationship may be a contractual, exclusive bond in which both entities commit not to ally with third parties.

Business Proposal

A proposal is a written offer from a seller to a prospective buyer. Business proposals are often a key step in a sales process. See also Proposal.

BACS

Bankers' Automated Clearing Service.

Being Monitored in the Workplace

Employers will monitor employees to improve productivity within different departments. They can also gather information about the workload and locations of employees.

Bereavement

A condition when an individual has been deprived of something or someone valuable to them.

Blogging

A website in which a writer or a group of writers create and input entries for audiences to read.

Breastfeeding in the Workplace

Employers may provide designated private areas for employees to have a flexible schedule for expressing milk during their working hours. The employer may also give them part time contracts in able to do this in the privacy of the employees home or provide them with an extended maternity.

Bribery

An act where one will give a person money or a present, in order for them to do something for them in return.

Bullying and Harassment

An act that makes an individual feel offended, degraded, humiliated or intimidated by unnecessary behavior carried out either by an individual or a group of people.