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Command center. A command center (often called a war room) is any place that is used to provide centralized command for some purpose. While frequently considered to be a military facility, these can be used in many other cases by governments or businesses. The term "war room" is also often used in politics to refer to teams of communications ...
A shared services center – a center for shared services in an organization – is the entity responsible for the execution and the handling of specific operational tasks, such as accounting, human resources, payroll, IT, legal, compliance, purchasing, security. The shared services center is often a spin-off of the corporate services to ...
A center of excellence ( COE or CoE ), also called an excellence center, is a team, a shared facility or an entity that provides leadership, best practices, research, support, or training for a focus area. Due to its broad usage and vague legal precedent, a "center of excellence", in one context, may have completely different characteristics ...
The Dubai International Financial Centre ( DIFC) is a special economic zone in Dubai covering 110 ha (272 acres), established in 2004 as a financial hub for companies operating throughout the Middle East, Africa, and South Asia (MEASA) markets. DIFC is regulated by the Dubai Financial Services Authority, an independent regulator exclusive to ...
Dubai Multi Commodities Centre (DMCC) is the UAE's largest free-trade zone that is located in the Jumeirah Lake Towers district of Dubai.Created in 2002, it serves as a commodities exchange that deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g., tea, cotton).
Technology business incubator. A technology business incubator (or TBI) is a type of business incubator focused on organizations that help startup companies and individual entrepreneurs which use modern technologies as the primary means of innovation to develop their businesses by providing a range of services, including training, brokering and ...
A buying center, also called decision-making unit ( DMU ), [1] brings together "all those members of an organization who become involved in the buying process for a particular product or service". [2] The concept of a DMU was developed in 1967 by Robinson, Farris and Wind (1967). [3] A DMU consists of all the people of an organization who are ...
Outsourcing is the act of a company relying on an external provider for a business process that otherwise would be internal. Generally, it involves an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise would be carried out internally, a.k.a. in-house,