business organization

IRI: https://spec.industrialontologies.org/ontology/construct/BusinessOrganization

Defined In: https://spec.industrialontologies.org/ontology/core/Core/

SubClass Of: organization

Class Hierarchy

owl:Thingbfo:entitybfo:continuantbfo:independent continuantbfo:material entitybfo:object aggregategroup of agentsorganized group of agentsorganizationbusiness organization

Direct subclasses:

Definition

organization engaging in or planning to engage in any activity of buying and selling goods or services for a profit

Semi-Formal Definition:

every instance of a business organization’ is defined as exactly an instance of ‘organization’ that ‘has function’ some ‘business function’

Explanatory Notes

Business entities are formally organized according to the laws prevailing in the locales and countries in which it operates or conducts business, and include companies, corporations, partnerships, or sole proprietorships.

Examples

  • Mercedes-Benz, Deloitte, Pfizer, Airbus

Adapted From

  • https://en.wikipedia.org/wiki/Business

Formal Axioms

First-Order Logic Definition

BusinessOrganization(x) ↔ Organization(x) ∧ ∃f(BusinessFunction(f) ∧ hasFunction(x,f))

Description Logic