Obsolescence

When assets/products become outdated or no longer useful

Operations or Inventory

Occupational Health & Safety

Policies to ensure workplace safety

HR or Compliance

Offer Letter

Formal proposal of employment terms to a candidate

HR or Recruitment

Offering Memorandum

Legal document presented to investors during fundraising

Finance or Legal

Offshoring

Moving business processes to a different country

Operations or Finance

Omnibus Account

Combined account holding securities for multiple clients

Finance or Banking

Omnichannel Strategy

Integrated customer experience across all channels

Marketing or Retail

Onboarding

Integrating new employees into the organization

HR

One-on-One Meeting

Direct meeting between a manager and employee

HR or Management

Online Advertising

Paid promotion on websites, search engines, or social media

Digital Marketing

Online Business

Business conducted primarily through digital platforms

Ecommerce

Online Marketing

Promotion of products or services over the internet

Digital Marketing

Online Payment Gateway

System for processing electronic transactions

E-commerce or Technology

Online Reputation Management

Influencing how a brand is perceived online

PR or Digital Marketing

Online Survey

Web-based tool to gather customer or market feedback

Marketing or Research

Open Innovation

Incorporating external ideas and technologies

Innovation or Strategy

Open Market

Market accessible to all without restrictions

Economics or Trade

Open-Book Management

Sharing financial info with employees to build transparency

Leadership or Finance

Open-Ended Investment

Investment funds with no limit on share issuance

Finance

Operating Budget

Projection of income and expenses for operations

Finance

Operating Cycle

Time between purchasing inventory and collecting payment

Finance or Operations

Operating Income

Earnings before interest and taxes (EBIT)

Finance

Operating Lease

Lease where ownership remains with lessor

Finance or Accounting

Operating Profit Margin

Operating profit as a percentage of revenue

Finance

Operational Risk

Risk of loss due to failed processes or systems

Risk Management

Operations Management

Overseeing production and efficiency of processes

Operations

Opportunity Analysis

Evaluation of market opportunities or gaps

Strategy or Marketing

Opportunity Cost

Value of the next best alternative not chosen

Economics or Strategy

Optimization

Process of improving efficiency and effectiveness

Strategy or Operations

Order Backlog

Unfulfilled customer orders waiting to be processed

Operations

Order Cycle Time

Time from order placement to delivery

Operations

Order Fulfillment

Process of receiving, processing, and delivering orders

Operations or E-commerce

Order Management System (OMS)

Software for managing orders across sales channels

Tech or Logistics

Organizational Agility

Ability to quickly adapt to change and innovation

Strategy or HR

Organizational Behavior

Study of individual and group behavior in organizations

HR or Psychology

Organizational Chart

Visual representation of internal structure

HR or Structure

Organizational Culture

Shared values, beliefs, and norms within a company

HR or Leadership

Organizational Development

Improving organizational effectiveness and employee well-being

HR/ or Change Management

Organizational Structure

Hierarchical arrangement of roles and responsibilities

HR or Management

Outbound Logistics

Movement of products from company to customers

Supply Chain

Outplacement Services

Career transition support for terminated employees

HR

Outsourcing

Hiring third parties to handle business functions

Operations or HR

Over-the-Counter (OTC) Market

Trading done directly between two parties without exchange

Finance

Overdraft

When withdrawals exceed account balance, creating debt

Banking or Finance

Overhead

Indirect costs not tied to specific products

Accounting

Owner’s Equity

Owner's residual interest in the business

Accounting