|Meaning and Definition of Initiative|
Asking the question what is Initiative? Or what is the meaning and definition of Initiative? Meaning and Definition of the word Initiative relating to the Business and Finance category. We hope that the above short explanation has answered you questions. A useful educational resource for people with active minds! This subject is under the classification of Business and Finance. A business can also be known as a company. It is a legally recognized organization that provides products or services to consumers normally for money. You will find that most business are privately owned and the main purpose of a business or company is to make a profit that will enable the business to grow and prosper. There are many areas that business operate in such as Retail, Finance, Banking, Property, Productions, Energy, Aviation and Entertainment. Finance is the management of funds which can involve saving money, leading money, investing money and managing debt. Banks are some of the main players within finance and can make huge profits if they get it right. On the flip side if they get it wrong they can end up huge losses which can lead to debt problems. Finance is a science of the management of money, debts and assets.