Business partner

A business partner is a commercial entity with which another commercial entity has some form of alliance. This relationship may be a contractual, exclusive bond in which both entities commit not to ally with third parties. Alternatively, it may be a very loose arrangement designed largely to impress customers and competitors with the size of the network the business partners belong to.

Business mating (partnership formation)

A business partner or alliance can be crucial for businesses. However, businesses can not choose business partners in any way they want. In many instances, the potential partner might not be interested in forming a business relationship, also known as business mating. It is important that both sides of the agreement complement each other, but also that there are some common ground. For example in management style, mindset, and also technology. If, for example, management style would be too different between the firms then a partnership could be problematic. Kask and Linton (2013) investigate under what conditions business mating (formation) takes place for startup firms seeking business partners.

Europe

Europe (ⁱ/ˈjʊərəp/ or /ˈjɜːrəp/) is a continent that comprises the westernmost part of Eurasia. Europe is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, and the Mediterranean Sea to the south. To the east and southeast, Europe is generally considered as separated from Asia by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways of the Turkish Straits. Yet the borders of Europe—a concept dating back to classical antiquity—are arbitrary, as the primarily physiographic term "continent" also incorporates cultural and political elements.

Europe is the world's second-smallest continent by surface area, covering about 10,180,000 square kilometres (3,930,000 sq mi) or 2% of the Earth's surface and about 6.8% of its land area. Of Europe's approximately 50 countries, Russia is by far the largest by both area and population, taking up 40% of the continent (although the country has territory in both Europe and Asia), while Vatican City is the smallest. Europe is the third-most populous continent after Asia and Africa, with a population of 739–743 million or about 11% of the world's population. Europe has a climate heavily affected by warm Atlantic currents, tempering winters and enabling warm summers on most of the continent, even on latitudes that have severe climates in North America and Asia. Further from the Atlantic, seasonal differences increase, but the mildness of the climate remains.

Eastern Europe

Eastern Europe is the eastern part of the European continent. There is no consensus as to the precise area it refers to, partly because the term has a wide range of geopolitical, geographical, cultural, and socioeconomic connotations. There are "almost as many definitions of Eastern Europe as there are scholars of the region". A related United Nations paper adds that "every assessment of spatial identities is essentially a social and cultural construct". One definition describes Eastern Europe as a cultural (and econo-cultural) entity: the region lying in Europe with main characteristics consisting in Byzantine, Orthodox, and some Turco-Islamic influences. Another definition was created during the Cold War and used more or less synonymously with the term Eastern Bloc. A similar definition names the formerly communist European states outside the Soviet Union as Eastern Europe. Historians and social scientists increasingly view such definitions as outdated or relegating, but they are still heard in everyday speech and used for statistical purposes.

Business

A business, also known as an enterprise, agency or a firm, is an entity involved in the provision of goods and/or services to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be social not-for-profit enterprises or state-owned public enterprises targeted for specific social and economic objectives. A business owned by multiple individuals may be formed as an incorporated company or jointly organised as a partnership. Countries have different laws that may ascribe different rights to the various business entities.

Business can refer to a particular organization or to an entire market sector, e.g. "the music business". Compound forms such as agribusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit.

Points of the compass

The points of the compass are points on a compass, specifically on the compass rose, marking divisions of the four cardinal directions: North, South, East, West. The number of points may be only the 4 cardinal points, or the 8 principal points adding the intercardinal (or ordinal) directions northeast (NE), southeast (SE), southwest (SW), and northwest (NW). In meteorological usage further intermediate points are added to give the sixteen points of a wind compass. Finally, at the most complete in European tradition, are found the full thirty-two points of the mariner's compass. In ancient China 24 points of the compass were used.

In the mariner's exercise of boxing the compass, all thirty-two points of the compass are named in clockwise order. The names of intermediate points are formed by the initials of the cardinal directions and their intermediate ordinal directions, and are very handy to refer to a heading (or course or azimuth) in a general or colloquial fashion, without having to resort to computing or recalling degrees. For most applications, the minor points have been superseded by degrees measured clockwise from North.