BNET Business Dictionary
Business Definition for: Agency
- a relationship between two people or organizations in which one is empowered to act on behalf of the other in dealings with a third party
Wiktionary Definition for: Agency
- The faculty of acting or of exerting power; the state of being in action; action; instrumentality.
- Ex: The superintendence and agency of Providence in the natural world. --Woodward.
- The office of an agent, or factor; the relation between a principal and his agent; business of one entrusted with the concerns of another.
- The place of business of an agent.
Additional Resources
- Getting the Best Results from Your Advertising Agency
- In order to show themselves in the best light, advertising agencies will make a lot of claims and promises when trying to win new business. Once an agency has been selected, it is important to regularly review agency performance to see that initial promises are being kept, and that the...
- Articles 2007-02-28
- Inside the Agency.com vs iCrossing Lawsuit
- The management at iCrossing are up to their eyeballs in trouble, if the $19.5 million lawsuit filed against them by Agency.com is to be believed. One should never trust legal complaints -- there's always another side to the story. But this one, in which Omnicom's Agency.com accuses its old managers...
- Blog posts 2008-11-11
- Using an Advertising Agency
- What You Need to KnowWhy use an advertising agency at all? The size of your business will help you decide this. Many small to medium-sized companies find that their advertising budget is so small, there's little need to employ an agency. However, the skills offered by agencies are just as...
- Articles 2007-05-14
- Using an Advertising Agency
- What You Need to KnowWhy use an advertising agency at all? The size of your business will help you decide this. Many small to medium-sized companies find that their advertising budget is so small, there's little need to employ an agency. However, the skills offered by agencies are just...
- Articles 2007-11-09
- NAO urges DEFRA agency to replace £350m system that's only 4 years old
- The Rural Payments Agency should replace a £350 million IT system, which has been in operation for only four years, the government's public spending watchdog said today. The cost of the main IT system at the Rural Payments Agency has risen to more than four times the original estimate of...
- News items 2009-10-15
- Administration replaces beleaguered director of Defense agency
- The embattled director of the Defense Contract Audit Agency has been replaced and reassigned to the Pentagon comptroller's office.April Stephenson had come under fire the past 15 months after two damaging reports by the Government Accountability Office questioned the quality of contractor audit reports and the management of DCAA offices....
- News items 2009-10-27
- How to Shop for a PR Agency
- I've been in and around PR agencies for years and I'm struck by two conflicting pieces of information: I know some very talented agency PR people, and I know a lot of lousy, over-priced agencies. Make no mistake: the PR agency business is tough. The client demands...
- Blog posts 2007-11-29
- GlobalHue Accused of Overbilling Bermuda Account; Agency Plays Race Card
- Don Coleman's GlobalHue is accused of ripping off the government of Bermuda by overbilling its $13 million tourism advertising contract. In a report by Bermuda auditor general Larry Dennis pictured, GlobalHue is accused of: Overbilling the account by $1.8 million. Prebilling the government in violation of...
- Blog posts 2009-03-16
- Pollet discusses evolution of DISA's mission, agency's move to Fort Meade in 2010
- Lt. Gen. Carroll Pollett, director of the Defense Information Systems Agency, reiterated the importance of the contract workforce to DISA at an industry presentation Aug. 7, especially, he said, as the agency faces moving its staff to Fort Meade, Md., next year. "On any given day, we have 6,000-8,000 contractors...
- News items 2009-08-13
- Advertising Agency Agreement
- This Advertising Agency Agreement ("Agreement") is made and effective this [Date], by and between [Advertiser] ("Advertiser") and [Agency] ("Agency"). Agency is in the business of providing advertising agency services for a fee. Advertiser desires to engage Agency to render, and Agency desires to render to Advertiser, certain advertising agency services,...
- Tools & templates 2007-09-06
- House panel OKâ??s consumer protection agency
- WASHINGTON - The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes. Democrats are hailing the 39-29 vote as a win for the average American. It is a major step forward in enacting...
- News items 2009-10-22
- New Boulder Agency, Victors & Spoils, Will Specialize in (Gasp) Crowdsourcing [3]
- An article went up late today on The New York Times providing details about a new Boulder agency that's been in the works over the last several months, as two major Crispin Porter + Bogusky players, former VP/Creative Director Evan Fry and former VP/Executive Director...
- News items 2009-10-29
- Getting Your Agency Ready to Survive the Downturn
- While it's not certain that there will be a broad and prolonged economic downturn, there are already signs of weakness and the first reports of layoffs at PR agencies are starting to roll in. Is your agency ready to withstand the downturn? According to PR agency management...
- Blog posts 2008-05-22
- Is Your PR Agency Getting Ready to Fire You?
- Do you appreciate the people who work on your account enough? Do you expect your agency to do twice as much work as you're actually paying for? Do you take your PR agency for granted? If your answer to any of these questions is yes, you are...
- Blog posts 2008-08-08
- European Space Agency hires Saatchi, Rowland.(Saatchi and Saatchi Advertising Inc. and Rowland Co. get ad account from the European Space Agency )(Business Brief)(Advertorial)
- [Paris] The European Space Agency appointed Saatchi & Saatchi here and sister public relations agency Rowland Co., London, to develop a corporate brand and communications strategy. It is the organization's first agency ... [Paris] The European Space Agency appointed Saatchi & Saatchi here and sister...
- Research articles 1998-11-02
- Poll: In-House or Agency?
- Poll: In-House or Agency?RE: Poll: In-House or Agency?I would be interested to know how common it is for PR Agency's to ban employees from taking jobs at client companies? I see some agencies asking new hires to sign an agreement to that effect. Given the long list of...
- Discussion threads 2008-10-01
- Should Bank CEOs Direct Employees to Scuttle Consumer Protection Agency?
- It's no secret that the American Bankers Association wants to torpedo the proposed Consumer Financial Protection Agency. Now the group also wants bank leaders to dragoon employees into opposing it. Says the ABA, the industry's leading trade organization, in an August 21 entry in the "What's News" section of...
- Blog posts 2009-08-24
- Shareholder Litigation: Reexamining The Balance Between Litigation Agency Costs And Management Agency Costs
- Shareholder lawsuits are a principal legal means to control management agency costs in corporations, yet they generate their own agency costs from the attorneys who bring representative litigation. This article discusses key policy question, and one that is central to good corporate governance, has long been how to properly balance...
- White papers 2003-01-01
- World Updates; Illium Insurance buys managing agency.(International)(OPRA names trustee for Maersk U.K. plan)(Trenwick Lloyd's unit renamed Talisman)(London's Aspen enters E&S lines)
- Omni Whittington Group is selling a majority stake in its Lloyd's of London managing agency to Illium Insurance Group Ltd., a new Lloyd's startup. The managing agency will be renamed Illium Managing Agency Ltd. and will manage a syndicate 4040, a new Omni Whittington Group is...
- Research articles 2003-09-15
- Forrester's Van Boskirk Headlines ExactTarget's Agency Day at Email Global Conference; 150 agency partners kick off Global Conference with day dedicated to agency channel
- INDIANAPOLIS -- Nearly 150 interactive agency marketers kicked off the ExactTarget Global Conference with Agency Day at ExactExcellence, a day-long seminar just for agencies featuring networking, best practices, case studies and selling strategies. This marks the second Agency Day sponsored by ExactTarget, which has 350 agency partners located throughout North...
- Research articles 2005-09-27
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