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Business incubator. A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services, starting with management training and office space, and ending with venture capital financing. [1] The National Business Incubation Association (NBIA ...
Taking Care of Business. While most of us make a pit stop to pick up pre-made meals, party food, or just regular groceries at our local Costco, far fewer of us head to a Costco Business Center ...
Cost centre (business) A cost centre is a department within a business to which costs can be allocated. The term includes departments which do not produce directly but they incur costs to the business, [1] when the manager and employees of the cost centre are not accountable for the profitability and investment decisions of the business but ...
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 ...
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 ...
Midtown Manhattan, the largest central business district in the United States. A central business district ( CBD) is the commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city center" or "downtown".
A profit center is a section of a company treated as a separate business. Thus profits or losses for a profit center are calculated separately. A profit center manager is held accountable for both revenue and costs (expenses), and therefore for profits. This means that the manager is accountable for driving the sales revenue generating ...
Central business district or Commercial district. ABA Business Center, the tallest building in Tirana, Albania. Abbey business centres, UK. City Business Center, Bratislava. East Pacific Center, skyscraper complex in China (nearing completion in 2013) Gårda Business Center, Sweden. International Business Center, planned supertall building in ...