Business Community is an organizational concept which can be used to model patterns of communications for business relations amongst trading partners. It can be considered a Business 2 Business Integration Pattern.
In a broader way, "business community" generally denotes a group of industries, in the real world often related to a Geographic Area where commercial exchanges take place.
Online Business Communities have become especially effective since 2005, with many businesses using dedicated websites to network online. In a similar vein to
MySpace, faceparty, orkut, business networking websites have risen in popularity and allow businesses to cost-effectively meet new businesses. Using resources such as Video Conferencing, Search Engine Optimisisedpromotional pages, virtual business cards or bcards, Instant Messengering and Expert Advice Online areas.
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business community — ➔ community * * * business community UK US noun [S] COMMERCE ► companies, financial businesses, banks, etc., considered as a group: »The governor has strong backing in the state s business community thanks to his success in balancing the budget … Financial and business terms
business community — / bɪznɪs kəˌmju:nɪti/ noun the business people living and working in the area … Marketing dictionary in english
business community — noun the body of individuals who manage businesses • Syn: ↑businessmen • Hypernyms: ↑profession … Useful english dictionary
Software business community — The software business community (SWBC) is a non profit community web site that aims to promote the cooperation of researchers, managers, practitioners and end users in the software business. The site has its roots in the Software Business… … Wikipedia
community — com‧mu‧ni‧ty [kəˈmjuːnti] noun communities PLURALFORM [countable] 1. all the people who live in the same area, city etc: • The new arts centre will serve the whole community. 2. a group of people who all share the same nationality, religion, or… … Financial and business terms
community development — UK US noun [U] ► SOCIAL RESPONSIBILITY the activity of working with the people from a particular area in order to try to improve their quality of life: »The city s community development director manages most of the city s business loan programs … Financial and business terms
community relations — UK US noun [plural] SOCIAL RESPONSIBILITY ► the relationship that a company, organization, etc. has with the people who live in the area in which it operates: » Great community relations are part of the team s marketing plan, Carter said. »A… … Financial and business terms
community investment — ➔ investment * * * community investment UK US noun [U] ► SOCIAL RESPONSIBILITY the practice by a company of investing money in public services such as schools, hospitals, etc. that aim to improve people s quality of life: »The company runs a… … Financial and business terms
Community preference — ➔ preference * * * Community preference UK US noun [U] ► GOVERNMENT, POLITICS the fact of European countries giving better treatment to other people or goods that come from the European Union than to those who come from outside it: »Their opinion … Financial and business terms
Community Reinvestment Act — ( CRA) A federal statute enacted to require banks and savings and loan associations to meet the credit needs of their communities, including low and moderate income neighborhoods. American Banker Glossary ( CRA) Enacted by Congress in 1977, the… … Financial and business terms