Glossary - O
From Entrepedia: The Entrepreneurship Wiki
- Operating Expense (OPEX)
- An ongoing cost for running a business. (Wikipedia article on Operating Expense)
- Operating Leverage
- The proportion of fixed costs present in a business's income. (Wikipedia article on Operating Leverage)
- Opportunities versus Ideas
- See Ideas versus Opportunities
- Opportunity Cost
- The cost of the next best alternative, lost as a result of making a decision. (Wikipedia article on Opportunity Cost)
- Original Equipment Manufacturer (OEM)
- A business which makes use of a product produced by another company in one of its own. (Wikipedia article on Original Equipment Manufacturer)
- To Outgreen
- To make your business more greener than your competitors.
- Outsourcing
- Subcontracting part of the process involved in providing a good or service. (Wikipedia article on Outsourcing)
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The glossary is here to give you concise definitions of the terms used on the site. Where possible a link to a longer article on Wikipedia is included to give you more information.
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