Business Abbreviations

What is Business?

Business is an English word that translated into Portuguese can mean ” commerce ” or ” business “.

The word business can relate to a particular company, or more generally, to an entire niche market: Example: ” the music business ” or ” the movie business ” movie theater”).

Etymologically, the word business arose from the idea of ” being busy “, a common condition among men and women in the business world.

There are many expressions with the word business that are used in the Brazilian financial market, such as Business to Business – also represented by the abbreviation B2B – a term used to designate a modality of commerce based on the purchase and sale of information, products or services. This method can be practiced over the internet or by networks of private companies.

Business Intelligence

Business intelligence is an English expression that means “business intelligence” in Portuguese.

This modality is fundamental for monitoring the company, through the collection, analysis and organization of information about it, offering support for the entire management of the business.

Show Business

Show Business or Show Biz (in its abbreviated form) is an expression in English that means “entertainment industry”, in Portuguese.

It is a market that encompasses various spheres of the arts (theatre, music, cinema, etc.), ranging from entrepreneurs and producers to the artists themselves, such as singers, actors and composers.

The purpose of show business is profit, from public recognition and sales success of the performance artist’s image.

What is Core Business?

Core business means core business. It is an English term. Core business means the main part of a given business, it is the strong point of a company that must be strategically worked on.

There are several definitions for core business, but the main one is that it means the central, main part of a company, or a business area specifically. The main objective of the core business is to make the organization exploit its greatest competitive advantage, which is based on important factors such as its customers, products, technology, market, in order to be able to outline strategies in order to expand and maintain its business.

The biggest difficulty of the core business is finding the right balance between breadth and focus, finding the ideal opportunity to expand, but without losing your strategy and thinking about how far the strategy can and should go. To define the area that the organization can or cannot act, it is called outsourcing, that is, it cannot be an outsourced service, the process has to be all controlled by the company, it can even outsource the manufacturing, but never the creation of the product..

Some examples of companies that do core business are Nike and Apple. Nike is always creating new models of sneakers, with high technology, it has other products, but its business focus is on the sneaker market. Apple, on the other hand, invests in its most successful products, such as Macbooks, iPhone and iPad, and outsources most of the manufacturing of its products.

List of Acronyms Related to Business