A business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction is part of business strategy.

SAP Business Objects is a Business Intelligence software developed by Business Objects later acquired by SAP in 2007. BusinessObjects XI being the flagship products which provides the capabilities of performance management, planning, reporting, query & analysis and enterprise information management.

A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals.

A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers. It often can be visualized with a flowchart as a sequence of activities with interleaving decision points or with a Process Matrix as a sequence of activities with relevance rules based on the data in the process.

Business Process Desktops (BPD) is offshoring Desktops by an enterprise to outsourced 3rd party backoffices that are offshore or local.

A.k.a. Process Governance or Business Process Management (BPM) governance, involves setting standards and priorities for BPM efforts, identifying BPM governance leaders, and defining BPM project participants roles.

Business process improvement (BPI) is a systematic approach to help an organization optimize its underlying processes to achieve more efficient results. Process improvement is an aspect of organizational development (OD) in which a series of actions are taken by a process owner to identify, analyze and improve existing business processes within an organization to meet new goals and objectives, such as increasing profits and performance, reducing costs and accelerating schedules.

A systematic approach to making an organization's workflow more effective and efficient. The goal of BPM is to reduce human error and miscommunication and focus stakeholders on the requirements of their roles. 

An Extensible Markup Language (XML)-based metalanguage developed by the Business Process Management Initiative (BPMI) as means of modeling business processes.

A method of illustrating business processes in the form of a diagram similar to a flowchart. BPMN provides a standard, easy-to-read way to define and analyze public and private business processes. 

Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of specific business functions (or processes) to a third-party service provider.

Business Process Re-engineering is the process of redesigning the workflow and business processes within an organization to improve its efficiency and performance with respect to improving customer service, cutting operational costs and providing world class service.

Business reporting or enterprise reporting "is the public reporting of operating and financial data by a business enterprise," or "the regular provision of information to decision-makers within an organisation to support them in their work.

BRD, an acronym of Business Requirements Document is widely accepted structured document for project requirements which defines what should be delivered in order to gain value in the project. This document is designed to assist with the project management and the implementation during the entire life cycle of the project.

Business software or business application is any software or set of computer programs that are used by business users to perform various business functions. These business applications are used to increase productivity, to measure productivity and to perform business functions accurately.

Business Technology is a term that describes the business practice of converging or integration of technology and business strategy.