Business about12/3/2023 So, to constitute business, the dealings must be carried out on a regular basis. an isolated transaction of exchange of goods or services will not be considered as business. Continuity in dealings: Every business requires regularity in transactions, i.e.Selling of goods and services: Business must involve the transfer of goods to the customer for value, through selling, meaning that if the goods are acquired for personal consumption, then the transaction will not amount to business activity.Goods are either manufactured by the company or procured from the supplier, with the aim of selling it further to the consumer, for profit. Production/purchase of goods and services: Goods and services are produced or procured by business entities, so as to add value and sell them to the consumer.Economic Activity: Business is an economic activity, as it is conducted with the primary objective of earning money, i.e.He is a graduate of Harvard College, a former Knight Fellow at MIT, and lives in Brussels. Edit holds a Certificate of Company Direction for strategic marketing, financial management and company law from the Institute of Directors. She was Research Fellow at the Hungarian Academy of Sciences and Teaching Assistant at the University of Horticulture. She has an MSc in food conservation engineering. Before her political engagement, she worked in the private sector as regional (CEE) sales and technical manager for the specialty chemicals company, National Starch & Chemical (part of Unilever and later ICI). Prior, she was member of the Hungarian Parliament in which role she was delegate to the Council of Europe. She also served on the governance of several parliamentary forums (European Energy Forum, European Internet Foundation, Knowledge 4 Innovation, Kangaroo Group etc.). She served and worked on files in Committees regarding the budget, budgetary discharge, internal market, industry, research, energy and space policy. Prior to establishing her company, she served two consecutive terms in the European Parliament as a Member (MEP) (2004-2014). She serves on the Board of the Transatlantic Policy Network (TPN). She is co-chair of the RDA FAIR Data Maturity Model Working Group. She is Board member of Research Data Alliance Europe and former Member of the Global Council (2017-2023). She is Senior EU Liaison Adviser to GÉANT and Senior Advisor at the Science Business Widening Initiative. She is Vice-Chair of the Administrative Board of the European Union’s Agency for the Cooperation of Energy Regulators (ACER). ×Įdit is Director General of the strategic foresight consultancy company Vision & Values situated in Brussels. He has been a member or rapporteur of numerous European Commission expert groups, currently including the Foresight Expert Group of the EU’s agricultural research steering committee. He was named an honorary professor at University College London’s Department of Science, Technology, Engineering and Public Policy in late 2018. He wrote it with famed Yale/IBM mathematician Benoit Mandelbrot: The (mis)Behavior of Markets: A fractal view of risk, ruin & reward.” It won the Business Book of the Year award at the 2004 Frankfurt Book Fair, and according to Die Zeit, was read and “mentioned again and again in conversation” by Angela Merkel after the 2008 crash. He is co-author of a book, now a best-seller in 13 languages, on how bad math on Wall Street leads to big losses. Previously, he was with the Wall Street Journal for 25 years in the US and Europe, as reporter, technology editor and, from 1997 to 2003, managing editor of the European edition. He is currently editor-in-chief and vice chair of the Board of Directors. In 2004 he co-founded London- and Brussels-based Science Business Publishing Ltd., a media and communications company focused on research and innovation in Europe. Editorial Director & Vice Chair of the Boardįollow has been a leading science and technology journalist in Europe for 35 years.
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