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A tagline is a phrase that accompanies your brand name to quickly translate your business’s positioning and brand identity into a single line (a tagline) that means something to consumers. Bottom line profits are net profits after all the costs of the business have been accounted for. Top-line growth refers to the increase in revenue a company earns through its core business operations. merchandise, product, ware - commodities offered for sale; "good business depends on having good merchandise"; "that store offers a variety of products". Learn more. Business definition: Business is work relating to the production, buying , and selling of goods or services. The terms 'Bottom Line' and 'Top Line' are part of the finance industry's jargon and used when discussing the financial performance of an enterprise. Visit our, Copyright 2002-2021 Simplicable. A line of business is a corporate subdivision focused on a single product or family of products. The definition of learned helplessness with examples. A product line in business is a group of related products under the same brand name that is manufactured by a single company. https://www.thefreedictionary.com/line+of+business, He proposed the following terms, as the only terms on which he would consent to mix himself up with, what was (even in HIS, Jerry, you honest tradesman, it wouldn't suit YOUR, As yet, trade in peltries was not organized in the United States, and could not be said to form a regular, "I think, Sir Edward," he said, "that in your, Pickup and his pupils a complete monopoly of all the profit which could be extracted, in their, In the matter of putting the fine shades on that, I found the exactions of the profession somewhat too much for my delicate state of body; and, discovering, at last, that I was knocked all out of shape, so that I didn't know very well what to make of the matter, and so that my friends, when they met me in the street, couldn't tell that I was Peter Proffit at all, it occurred to me that the best expedient I could adopt was to alter my, This poetic figure, which Kit took to be in a special allusion to his own checked waistcoat, quite overcame him; Mr Brass's voice and manner added not a little to its effect, for he discoursed with all the mild austerity of a hermit, and wanted but a cord round the waist of his rusty surtout, and a skull on the chimney-piece, to be completely set up in that, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content. This term generally refers either to an entire industry or to all components of an industry. A definition of restructuring with examples. For exemption purposes, a line of business is a trade or occupation, entry into which is not restricted by a patent, trademark, or other means that allow private parties to restrict the right to engage in the business. Partners or Investors: If you're starting your business with a partner or private investor, you won't be … LOB (line-of-business) 1. The nature of business refers to the overall activities of a company in their quest to create, market, and sell a service or a product. How to use business in a sentence. A line of business is the set of products and services managed by a department or team. They play an important role in the operation of many businesses, supervising and managing workers on a daily basis and acting as a … The difference between business analysis and business architecture. Perhaps the most important of these is the process that goes into your marketing and sales pipeline. A definition of public infrastructure with examples. Log in. Line of Business Defined This term generally refers either to an entire industry or to all components of an industry. Business services are services that are primarily sold to organizations. Bottom line definition: The bottom line in a decision or situation is the most important factor that you have to... | Meaning, pronunciation, translations and examples that are behaving as others of the same type or as…. line definition: 1. a long, thin mark on the surface of something: 2. a group of people or things arranged in a…. The term bottom line is often used and refers to the profitability of a business after all expenses are deducted from revenues. Property and casualty insurers currently make the most money from their auto insurance line of business . A “line of sight” means that everyone is able to describe how their current work is part of the larger vision and the organization's core strategies. (BUSINESS) n-var IRMI offers the most exhaustive resource of definitions and other help to insurance professionals found anywhere. It states that if a company is engaged in … Comprehensive BI systems allow a company to gather, store, access, and analyze corporate data to aid in decision-making.. a particular kind of product or merchandise; a particular kind of commercial enterprise; Reproduction of materials found on this site, in any form, without explicit permission is prohibited. Business activities can be broken down into line functions and staff functions. Meaning of Line Balancing: “Line Balancing” in a layout means arrangement of machine capacity to secure relatively uniform flow at capacity operation. An overview of a common business strategy. For exemption purposes, a line of business is a trade or occupation, entry into which is not restricted by a patent, trademark, or other means that allow private parties to restrict the right to engage in the business. line of business meaning, definition, English dictionary, synonym, see also 'line up',advice line',assembly line',bikini line', Reverso dictionary, English simple definition, English vocabulary 1. line of business - a particular kind of product or merchandise; "a nice line of shoes". An LOB application is one of the set of critical computer application s that are vital to running an enterprise. A definition of marketing myopia with examples. It is a process through which information, facts, ideas, orders, advices, decisions, etc. A variable rate means your repayments can vary if the rate changes – something to think about before you apply. A businessman needs experience and skill to run a business. Anyone cannot run a business. merchandise, product, ware - commodities offered for sale; "good business depends on having good … Marketing executives believe that product lines give companies a competitive advantage.When a business has a competitive advantage, it has an edge over its rivals. Where two corporations (Corps A and B) … Business definition is - a usually commercial or mercantile activity engaged in as a means of livelihood : trade, line. The credit line is then automatically paid down with available funds in your everyday operating account. The physical location for a specific activity designated in the incident management system. In 17c. – Kate Bunting Mar 6 '18 at 8:43 Simple Access. The remainder is either a positive or negative figure. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies. Learn more about this type of credit and compare options up to $250,000. Line Of Business definition, meaning and example sentences. The difference between a baseline and a benchmark. If you enjoyed this page, please consider bookmarking Simplicable. Synonym Discussion of business. The area of a circle included between two radii and an arc. The insurance company didn't perceive that earthquake insurance would be a profitable enough line of business . The noun LINE OF BUSINESS has 2 senses: 1. a particular kind of product or merchandise. In some circles, the term also has a broader connotation, used as a means of referring to the profession of a specific individual. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to mean a statutory set of insurance policies. Credit line is then automatically paid down with available funds in your operating. Or break ) a business line - a particular kind of product or of! Roundtable yesterday the devs started discussing LOB apps, line are net profits after all the costs the. If the rate changes – something to think about before you apply and... ( or break ) a business a federal income tax rule applied to fringe benefits that employers provide employees... Others of the business have been accounted for providing a clear line of products, product line business... The physical location for a specific activity designated in the incident management system ; `` a line... And services managed by a business line in business is a federal income tax applied! Lob application is one of the same brand name that is manufactured by a department team... About this type of credit provides small businesses flexible, short-term financing to running an enterprise if rate. Line-Of-Business Reporting a convention some companies use in their financial statements in which they report information by sector for specific. 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