Group: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Group

  • a parent company and all its subsidiaries

Wiktionary Definition for: Group

  • A number of things or persons being in some relation to one another.
  • Ex:''There is a group of houses behind the hill.''
  • Ex:''A group of people gathered in front of the Parliament to demonstrate against the Prime Minister's proposals.''
  • Ex:''He left town to join a Communist group''
  • # grouptheory A set ''G'' together with a binary operation * such that * is associative for elements of ''G''; there is an identity element in ''G''; every element of ''G'' has an inverse in ''G'' under the operation; and for all elements ''a'' and ''b'' in ''G'', ''a'' * ''b'' is in ''G''.
  • #A (usually small) group of people who perform music together.
  • Ex:''Did you see the new jazz group?''
  • # astronomy A small number (up to about fifty) of galaxy galaxies that are near each other.
  • # chemistry A column in the periodic table of chemical elements.
  • # chemistry A functional entity consisting of certain atoms whose presence provides a certain property to a molecule, such as the methyl group.
  • #(''sociology'') A subset of a culture or of a society.
  • # military An air force formation.
  • # geology A collection of formations or rock strata.
  • # computing In the Unix operating system, a number of users with same rights with respect to accession, modification, and execution of files, computers and peripherals.
  • # transitive To put together to form a group.

Additional Resources

Core Group Therapy
In the contemporary business era, a Core Group comprising of privileged people influences decision-making in an organization. The functions of the Core Group vary from workplace to workplace. The Core Group does not follow any formal policy because it does not fall under any formal authority. Researches indicate that the...
Tags: Recruitment & Selection, Booz Allen Hamilton Inc., therapy, workplace, decision-making, supplier
White papers 2002-04-01
Groups & Teams
A work group consists of two or more people who interact regularly to achieve a common objective or goal. Different group members have different roles to play within the group. There are five stages in a group development process viz. forming, storming, norming, performing, and adjourning. The group becomes a...
Tags: Team management, team
Presentations 2003-01-01
Focus Groups Vs Usability Studies
A focus group, also known as a marketing focus group, is a group brainstorming session run by a moderator. The goal of a focus group is to get a rough indication of desire - what people want a product to do for them. The marketing person works to get the...
Tags: Marketing research, focus group, marketing, advertisement
White papers 2006-01-22
Maintaining Effectiveness
Facilitation can be both a thankless task and an exceptionally rewarding one. Through a well-timed intervention, one can help a group get to grips with a thorny issue and move on to a productive solution and a creative, collaborative space. On another day, a person may be challenged and sometimes...
Tags: Group, Reed Elsevier Inc.
White papers 2005-02-01
Advantages And Disadvantages Of Group Decisions
Decision making is tricky business, especially when it comes to large groups. This paper goes with advantages and disadvantages of group decisions... There are several instances in professional as well as personal life when decision-making requires opinions and inputs from more than one or two people. This is where group...
Tags: Tools & Techniques, decision-making
White papers 2008-04-23
Measuring Value for a Networking Group
How does a person measure a group's worth to the organization? It is sometimes necessary to measure the value of a group. He may be asking himself why he would want to measure the value of a group whose purpose is business. He would want to measure the price of...
Tags: EzineArticles.com, network
White papers 2005-04-13
Report of the Marketing Strategy Group
Colleagues across the University identified the need for the discussion of marketing issues leading to improvements in the University's approach and activities in this area. The Principal convened a group of relevant senior officers and the Principal's Strategy Group subsequently endorsed the view that a temporary Marketing Strategy Group be...
Tags: marketing
White papers 2005-11-01
Sharpening The Decision Making Process In Groups - Fighting Groupthink
Whenever two or more people meet to make a decision, a number of complex group dynamics come into play. Sometimes those group dynamics operate to create a situation where the best possible decision is not made. This can occur for several reasons. One of the common group effects is the...
Tags: Tools & Techniques, decision-making
White papers 2000-01-01
Ancient Leadership Wisdom - Moses and Delegation
When placed in a leadership position, one has to keep several factors in mind. There is of course the need to meet individual wants and needs, but this is a secondary concern. When leading a group, the needs of the group come first. A leader is committed first to the...
Tags: EzineArticles.com, leadership, leader
White papers 2006-02-21
Breaking the Internal Audit Paradigm : Improving the Effectiveness of the Internal Audit Function
Top executives of several real estate companies explain that whether one should believe on internal audit as an important function in their company or not. The response depends upon three groups. Group 1: This group did not have an internal audit function and believed it did not need one. This...
Tags: Financial accounting, PricewaterhouseCoopers Consulting, audit, felt, risk assessment, real estate, analysis, benefit
White papers 2001-10-01
KM and Asian Cultures
The essence of KM is knowledge sharing. Sharing is a group activity. Generally speaking, Asians are brought up to appreciate group benefits and learn how to communicate in a group setting. Their identity is very much defined in terms of their relationship to a group such as family, school or...
Tags: Line56 Media, knowledge, benefit
White papers 2003-01-05
Considering Using Focus Groups as a Method of Marketing Research? Don't Confuse It With Marketing Research
This article focuses on focus group research and its benefits. The basic philosophy behind the focus group methodology is that the dynamics of the group process will result in the generation of more useful information, on a cost-effective basis, than would otherwise be available. Although the focus group discussion will...
Tags: Sales channel, focus group, marketing research, marketing, benefit
White papers 2002-09-30
Building a Winning Team
This article says that creating teamwork is a challenging process.Typically, a team shares leadership and is interdependent, meaning they depend on each other for information, services or products to achieve a team goal. A leader (manager, supervisor) spearheads a group; members work on their own most of the time with...
Tags: Team management, team, teamwork, supervisor, leadership, leader, job
White papers 2003-01-01
Team Building
A group is a collection of individuals who come together and are responsible for performing a given task. Each group member is responsible for his/her area of operations in the specified task. In a team, each member works collectively towards completion of the task at hand. He/she brings in a...
Tags: Team management, team, team-building
Presentations 2003-01-01
Decision-Making And Problem-Solving Processes
Decision making is the process of choosing a suitable solution to a problem from amongst a number of different solutions. This choice is based on a detailed analysis of the pros and cons of each of the aforesaid solutions. A group is a collection of individuals who come together and...
Tags: Tools & Techniques, Thomson Corp., decision-making, analysis
Presentations 2003-01-01
15 Tips For Making A Great Speech
It is inevitable that at times during our careers or personal lives; we will be required to provide a presentation or public speech to a group of people. Perhaps the group is a group of peers; perhaps the audience will be senior or top-level management; perhaps the group will be...
Tags: Professional development, career
White papers
Why Distinguishing Teams from Work Groups is Critical to Any Team Development Effort
One of the most powerful actions a group can take on behalf of itself and the organization is to determine what kind of group it currently is and what kind it needs to be to best serve the needs of the organization and its employees. This is a very powerful...
Tags: Team management, Refresher Publications, team, performance
White papers 2003-01-01
Group Leader
The Group Leader job description template includes the following job summary: An hourly-rated job in which the incumbent directs the work of a group of employees on other hourly jobs and may be required to perform some of the same work as that of the group. Additional information available includes...
Tags: Recruitment & Selection, job, leader
Tools & templates 2007-09-09
Strategic Group Analysis
From the executive summary: ‘Strategic group analysis is a subset of industry analysis that looks specifically at the different groups of rival firms clustered around similar competitive approach or strategic position. Strategic group analysis plays an important role in industry analysis. It forms the analytical link between industry structure and...
Tags: industry analysis, analysis, industry
White papers 2003-01-01
The Importance of Group Coverage: How Tax Policy Shaped U.S. Health Insurance
This paper examines the initial effects of the tax subsidy on the demand for health insurance using previously unexamined data from 1953 and 1958. Results suggest that the tax subsidy increased the growth of group insurance, particularly among union members and employed persons. This is a critical effect because group...
Tags: Benefits, Taxes, HEALTHCARE, payroll solutions, Free trade, Vertical industries, Financial Planning, National Bureau of Economic Research, health insurance, insurance, tax, health care
White papers 2000-02-01
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