Archives: Vocabulary

Credibility

Credibility refers to the objective and subjective components of the believability of a source or message. Traditionally, modern, credibility has two key components: trustworthiness and expertise, which both have objective and subjective components. Trustworthiness is based more on subjective factors, but can include objective measurements such as established reliability.

Generation

Generation

Generation (from the Latin generāre, meaning “to beget”), also known as procreation in biological sciences, is the act of producing offspring. In kinship terminology, it is a structural term designating the parent-child relationship.

Family business

A family business is a business in which one or more members of one or more families have a significant ownership interest and significant commitments toward the business’ overall well-being. In some countries, many of the largest publicly listed firms are family-owned.

Australia

Australia

Australia, officially the Commonwealth of Australia, is a country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands. It is the world’s sixth-largest country by total area. Neighbouring countries include Indonesia, East Timor and Papua New Guinea to the north; the Solomon Islands, Vanuatu […]

Business

A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers. Business plan and Business model determine the outcome of an active business operation. Businesses are predominant in capitalist economies, where most of them are privately owned and administered […]

Role

A role (from the French rôle, and sometimes so spelt in English) or social role is a set of connected behaviours, rights, obligations, beliefs, and norms as conceptualised by actors in a social situation. It is an expected or free or continuously changing behaviour and may have a given individual […]

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Mentorship

Mentorship is a personal developmental relationship in which a more experienced or more knowledgeable person helps to guide a less experienced or less knowledgeable person. However, true mentoring is more than just answering occasional questions or providing ad hoc help. It is about an ongoing relationship of learning, dialogue and […]