Data analytics
Using your own data to answer questions about the business.
Every trade has words it uses without explaining. In business the cost of not knowing one is real: some of them are ordinary jargon and some of them are a decision that can take a house.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
Studying business? We write GCSE revision songs, and there is one for business studies. Listen to the revision playlist.
32 terms filed under D, showing 1–10 (page 1 of 4).
Using your own data to answer questions about the business.
Personal data lost, stolen or exposed. Seventy-two hours to report.
Also called Controller, Processor, DPA, Data processing agreement
Who decides what happens to personal data, and who merely acts on instructions. The distinction sets the liability.
Knowing what data you hold, where it is, and who is responsible for it.
The contract required whenever someone processes personal data for you.
Also called Disclosure and Barring Service, Criminal record check
A criminal records check, at one of several levels, available only where the role legally qualifies.
Getting paid when asking has not worked.
Also called Days sales outstanding, DSO, Aged debtors
How long, on average, your customers actually take to pay you — which is rarely the number on your invoice.
Who actually signs, and everyone else who can stop it.
Choosing when you cannot know. Most business decisions.
If there is a word you have been nodding along to, tell us and we will write it up. This library exists because of the questions people were too polite to ask.
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