Products & Services

Services

An organization or economic system where goods and services are exchanged for one another or for money.

Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit.

Businesses can be privately owned, not-for-profit or state-owned. An example of a corporate business is PepsiCo, while a mom-and-pop catering business is a private enterprise.

Results

Outcome, consequence, or conclusion of a problem, probe or experiment after a period of time. This conclusion can be one result, multiple results, or no results. The length of time taken to find a result can vary from less than a second to many years.

Data received after processing a query. For example, when a user submits a search query in an online search engine, the online search engine will process the user's query and generate search results usually within fractions of a second.

Strategy

A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem.

The art and science of planning and marshalling resources for their most efficient and effective use. The term is derived from the Greek word for generalship or leading an army. See also tactics.

Planning

A basic management function involving formulation of one or more detailed plans to achieve optimum balance of needs or demands with the available resources. The planning process (1) identifies the goals or objectives to be achieved, (2) formulates strategies to achieve them, (3) arranges or creates the means required, and (4) implements, directs, and monitors all steps in their proper sequence.

The control of development by a local authority, through regulation and licensing for land use changes and building.