Organizational culture (sometimes also corporate culture) can be understood either in the broader or narrower approach. In the broader approach, it includes within the organization existing and created artifacts, values and norms, ideas, institutions. In the narrower approach it is more or less synonymous with the concept of shared values.
Offshoring is a term used to move the activities of the organization into other organization abroad.
Organizational unit is after the job the second keystone of a formal organizational structure. Organizational unit provides one or more jobs joined together based on the following organizational principles: functional specialization, geographical position, product specialization, customer type.
Organizational chart is a graphical representation of the organizational structure of the enterprise or organization.
Onboarding is the process of an adaptation of new employees that their quick orientation and integration into the company, team and their job.
OPEX (Operational Expenditure) is an abbreviation used to describe the so-called non-investment, operational (operating) expenses of the organization.
Operational efficiency is the ability of companies to operate on a daily basis in a cost-effective manner. Processes are set in such a way that they are cost effective and that their outputs are of high quality.
Organizational structure management is about keeping information about the relations between individual organizational units and people within the organization.
Business documentation in a company means any document that describes the way in which processes and activities are performed or otherwise concerns them.
Organigram (sometimes organogram or organizational chart) is a graphical representation of the organizational structure of the enterprise or organization.
Open source (also open source software, OSS) is software that is available in source code form for editing from technical as well as legal point of view. Open source software must be developed in accordance with one of the certified Open Source Initiative licences.
Online marketing includes all the marketing activities that an organization performs over the Internet. It is about directing and actively influencing the organization's business and business activities according to market and customer needs. It is an alternative term for internet marketing.
Occurrence (or Event) is an activity or change of state that affects business processes or corporate assets, and it is appropriate to record it - for example, into a log or diary. It can be a normal or extraordinary event, or something extraordinary, such as an incident or a crash.
Other assets - also temporary assets - mainly depict the accruals of deferred costs (prepaid rent) and accrued income (e.g. made and yet unbilled services).
Out of the box means funkcionality or feature of the the product that can work immediately after installation without further modification or complex settings. The term is used in computer science in connection with business applications - how much they are capabe immediately work and how customer need to modify, customize or develop.
OEM license is a way of licensing software. The license for a given end user software is acquired with the purchase of hardware, such as computers, and is not transferable to another piece of hardware.
Overhead costs are those costs that are assigned to support processes of the organization or its organizational unit or branch.
The organization is a term usually denoting a formal organized group of people who have common goals and motivation, they measure their performance and they are defined relative to its surroundings.
Organizational climate is the atmosphere reigning in the organization, organizational unit, group or team.
Single-factor authentication is the most simple and most widely used method of authentication or authorization using one thing, that the person knows or is carrying - for example a password or a key.
Organic growth of the company is such expansion only through internally generated resources - by hiring employees and with own profits. The opposite is the inorganic growth - expansion through acquisitions of other companies.
Original Equipment Manufacturer (OEM) is a term that refers to the equipment manufacturer whose product is sold and promoted by a different brand.
Option is a term which refers to the right of its holder to buy or sell the underlying asset.
Opinion Poll (or just Poll) is a simple survey of the opinions in the form of several free questions on a particular topic. Since opinion poll has no statistical evaluation, it is a liberal way of the survey, the results are not used for decision making.
Operating revenue is the revenue generated by the company's core business.
Purchase order is a commercial document issued by the purchasing party to the supplying party. The purchase order contains the quantity, price and specification of the services or goods to be delivered.
Online sales is the sale through the Internet, that means sales through e-shops or other e-commerce solutions such as electronic marketplaces, applications marketplaces and alike.
Objective is a term used to describe the desired target state, which wants, individual, team, organization unit or entire organization, to achieve in certain areas of own entrepreneurship or other activities. Objectives are used in planning, particularly in strategic management, but also in operations management.
Opportunity in risk management is a term that refers to the positive business risk.
Organizational capital (structural capital) is part of the intellectual capital of the organization. Organizational capital includes the accumulated experience of the organization that is somehow preserved and used for normal operation and development of the organization.
On-premises means on-site in the company's premises such a buildings, land, offices etc.
According to the usual conception, the organizational architecture consists of soft and hard elements.
Operations covers all activities and processes related to everyday routines in companies. Its opposite is a development, which, on the other hand mainly concerns the direction of where the company will go.
Oligopoly is an economics term for a market structure which involves only a small number of sellers or providers who dominate the market and dictate its behaviour.
Ordinal data are data that indicate the order.
Obsolescence, the lifetime is the time that an item, device, infrastructure, equipment remains functional or retains the required properties.
Outbound marketing is a traditional form of marketing that attracts customers through ads and other outbound communication.
On-site means on the workplace.
On-premises software is such a software that can be installed and run on the customer's premises.
Overdraft loan is a term that refers to a short-term loan provided by the bank. It is a credit to the current bank account of the client, which allows repeatedly overdraw funds up to the amount authorized (agreed) credit line.
Opportunity cost represents the value of the most valuable farm activities, an alternative that must be sacrificed in favor of selected farm activities, alternatives.