Organizational Term Definition Statement

An Organizational Term Definition Statement is a term definition statement for an organizational term.

• AKA: Business Term Definition.
• See: Organizational Vocabulary.

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References

2016

• http://www.brsolutions.com/wp-content/uploads/2016/10/How-to-Define-Business-Terms-Primer.pdf
  • QUOTE: To get you started, here are some basic criteria for great business definitions:
    1. It should be easy to give examples for the thing defined, but there should be no counterexamples.
    2. Each definition should communicate the essence of what a thing is, not what it does, how it’s used, or why it’s important.
    3. The definition of a thing should focus on its unique characteristics.
    4. Each thing you define should be distinguishable from every other thing you define using the definition alone.
    5. Each definition should be concise and as short as possible without loss of meaning. A definition should be readable.
• One thing may surprise you about great business definitions. The very first noun in each definition is absolutely key. These first words are the secret sauce of excellent definitions. That’s where we’ll pick up with the guidelines.

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