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BUSINESS DICTIONARY
The Letter W
Term | Definition | Knowledge Area | YouTube Video |
|---|---|---|---|
Wage | Payment to employees based on time worked or output | HR or Compensation | |
Wage Garnishment | Court-ordered deduction from wages to pay debt | Legal or Finance | |
Wage Inflation | General increase in wages across the market or economy | Economics or HR | |
Wage Structure | Organization's framework for salary levels | HR or Compensation | |
Warranty | Guarantee provided on product quality or repair | Legal or Sales | |
Warranty Claim | Request to repair/replace a product under warranty | Customer Service | |
Web Accessibility | Ensuring websites are usable by people with disabilities | Technology or Compliance | |
Web Analytics | Measurement of website performance and user behavior | Digital Marketing | |
Web Development | Creating and maintaining websites and web apps | Technology or Marketing | |
Web Hosting | Service that provides server space for websites | Technology | |
Web Presence | Visibility of a business or brand online | Marketing | |
Webinar | Online seminar used for training, promotion, or discussion | Marketing or Training | |
Website Optimization | Improving website performance for speed, SEO, and user experience | Digital Marketing | |
Website Traffic | Number of visitors to a website over time | Marketing or Analytics | |
Whistleblower | Person reporting illegal or unethical activity within an organization | Legal or Compliance | |
White Paper | In-depth authoritative report on a specific topic | Marketing or Thought Leadership | |
Wholesaler | Business that sells goods in bulk, typically to retailers | Sales or Supply Chain | |
Wholesaling | Selling products in large quantities to retailers, not end-users | Business Model | |
Wire Transfer | Electronic transfer of funds between banks or institutions | Finance or Banking | |
Withdrawal | Removal of funds from an account | Banking or Finance | |
Word of Mouth (WOM) | Free promotion via customer recommendations | Marketing | |
Wordmark | Text-only logo using a business’s name in a stylized font | Branding | |
Work Breakdown Structure (WBS) | Decomposition of a project into manageable tasks | Project Management | |
Work Order | Document directing a task or maintenance service | Operations or Maintenance | |
Work-Life Balance | Equilibrium between professional and personal life | HR or Well-being | |
Workflow | Sequence of processes through which tasks are completed | Operations or Technology | |
Workforce | Total number of employees in an organization | HR | |
Workforce Diversity | Inclusion of various demographic and cultural backgrounds in the workplace | HR | |
Workforce Planning | Ensuring the right number of employees with the right skills are available | HR or Strategy | |
Working Capital Ratio | Current assets divided by current liabilities | Finance | |
Working Remotely | Performing job duties outside a traditional office setting | HR or Operations | |
Workplace Culture | Shared values, practices, and attitudes in a work environment | HR or Leadership | |
Workplace Safety | Practices to ensure physical and mental well-being at work | HR or Compliance | |
Write-Off | Declaring an asset or debt as uncollectible or obsolete | Accounting or Tax | |
Written Communication | Formal messaging in reports, emails, policies, etc. | HR or Business Operations |
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