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E-commerce
electronic commerce.
State-owned companies
(or public entities) are independent bodies partially or wholly owned by government.
Fundraising
the act of collecting or producing money for a particular purpose, especially for a charity:
The dinner is a fundraising event for the museum.
Donations
gifts of money or property conferred by a corporation or private individual on a non-profit charitable, educational, religious, or public service organization.
Charities
organizations set up to provide help and raise money for those in need.
Multinational
multinational corporation (MNC), also called transnational corporation, any corporation that is registered and operates in more than one country at a time.
Freelance
working for different companies at different times rather than being permanently employed by one company.
Self-employed
a person who does not work for a specific employer who pays them a consistent salary or wage. Self-employed individuals, or independent contractors, earn income by contracting with a trade or business directly.
Non-profit organization
a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers.
Voluntary sector
refers to organisations whose primary purpose is to create social impact rather than profit. It is often called the third sector, civil society or the not-for-profit sector.
Privatization
the process by which a piece of property or business goes from being owned by the government to being privately owned.
Bureaucracy
a complex organization that has multilayered systems and processes. The systems and processes that are put in place effectively make decision-making slow. They are designed to maintain uniformity and control within the organization.
Private enterprise
business or industry that is managed by independent companies or private individuals rather than by the state.
Nationalized companies
companies, industries, or assets that were privately-controlled and were put under the control of the government.
Shareholder
also referred to as a stockholder, is a person, company, or institution that owns at least one share of a company's stock, known as equity.
Limited liability
a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company (LLC). In other words, investors' and owners' private assets are not at risk if the company fails.
Enterprise culture
the values, norms, practices and behaviours of a company’s staff. It describes how the team interacts with colleagues and external stakeholders, and it refers to the beliefs and behaviours of staff when performing business transactions.
Enterprise zone
area that has been granted special tax breaks, regulatory exemptions, or other public assistance in order to encourage private economic development and job creation.
Sole trader
also known as a sole proprietorship, is a simple business structure in which one individual runs and owns the entire business.
Partnership
consists of two or more people who combine their resources to form a business and agree to share risks, profits and losses.
SME
Small- to mid-size enterprise - a business with revenues, assets, or numbers of employees that fall below a certain level.
Corporation
legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes.
Enterprise economy
an economy in which people will take risks when they invest their money, start new businesses, etc.
Building society
A building society is a type of financial institution that provides banking and other financial services to its members. They are owned entirely by their members.
Mutual
ownership model where the organisation is owned by, and run for, the benefit of its members, who are actively and directly involved in the business – whether its employees, suppliers, or the community or consumers it serves, rather than being owned and controlled by outside investors.