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Continuous availability is an approach to computer system and application design that protects users against downtime, whatever the cause and ensures that users remain connected to their documents, data files and business applications. Continuous availability describes the information technology methods to ensure business continuity.
Run it up the flagpole Test the popularity of a new idea or proposal. [3] Scalability A small component's ability to grow within a larger system [1] Silo (Vertical and Horizontal) A system, process, department, etc. that operates in isolation from others. Silver bullet One solution for everything [dubious – discuss] Six Sigma
The average small business venture requires approximately $10,000 in startup capital with a third of small business launching with less than $5,000 bootstrapped. Based on startup data presented by Entrepreneur.com, in comparison other methods of funding, bootstrapping is more commonly used than others. "0.91% of startups are funded by angel ...
Kaizen (Japanese: 改善, "improvement") is a concept referring to business activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers. Kaizen also applies to processes, such as purchasing and logistics , that cross organizational boundaries into the supply chain . [ 1 ]
The presumption of going concern for the business implies the basic declaration of intention to keep operating its activities at least for the next year, which is a basic assumption for preparing financial statements that comprehend the conceptual framework of the IFRS. Hence, a declaration of going concern means that the business has neither ...
A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. [6] The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the ...
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Business as usual (BAU), the normal execution of standard functional operations within an organisation, forms a possible contrast to projects or programmes which might introduce change. [1] BAU may also stand in contradistinction to external events which may have the effect of unsettling or distracting those inside an organisation.