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Glossary B

Black-and-white

Deutsch: Schwarz-Weiß / Español: Blanco y Negro / Português: Preto e Branco / Français: Noir et Blanc / Italiano: Bianco e Nero

Black-and-white in the industrial context refers to the concept of making decisions, judgments, or categorisations that are overly simplistic, often based on a binary perspective without acknowledging the complexity or nuances involved. This term can also refer to design, processes, or documentation that lacks colour, metaphorically indicating a lack of detail or sophistication.

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Benchmarking

Deutsch: Benchmarking / Español: Benchmarking / Português: Benchmarking / Français: Benchmarking / Italiano: Benchmarking

Benchmarking is a process used by industries to measure and compare their performance against that of other companies in the same industry or sector. This comparative analysis involves identifying best practices, setting performance standards, and implementing strategies to improve efficiency, productivity, and competitiveness.

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Borrower

Deutsch: Kreditnehmer / Español: Prestatario / Português: Mutuário / Français: Emprunteur / Italiano: Mutuatario

Borrower refers to an entity, such as a company or industrial firm, that takes on debt or a loan from a lender to finance its operations, expansion, or other business activities. In the industrial context, this term is crucial for understanding how businesses manage capital and sustain their operations.

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Budget

Deutsch: Budget / Español: Presupuesto / Português: Orçamento / Français: Budget / Italiano: Bilancio

Budget is a financial plan that estimates the revenue and expenditures for a specific period, typically a fiscal year. In the industrial context, a budget is crucial for planning, controlling, and managing financial resources to ensure that an organization meets its financial goals and operational needs.

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Bedrock

Deutsch: Grundgestein / Español: Roca madre / Português: Rocha de base / Français: Roche mère / Italiano: Roccia madre

Bedrock refers to the solid rock layer found beneath the surface materials such as soil, gravel, or sand. In the industrial context, particularly in construction, mining, and geology, bedrock plays a crucial role as it often serves as a stable foundation for structures or as a significant source of valuable minerals and resources.

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Business-to-business

Deutsch: Business-to-Business / Español: Negocio a negocio / Português: NegóCIO para negócio / Français: Entreprise à entreprise / Italiano: Impresa a impresa

Business-to-business (B2B) refers to transactions and relationships between businesses rather than between businesses and individual consumers. In the industrial context, B2B interactions are crucial for the supply chain, procurement, manufacturing, and services sectors, facilitating the flow of goods, services, and information between companies.

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Bitumen

Deutsch: Bitumen / Español: Betún / Português: Betume / Français: Bitume / Italiano: Bitume

Bitumen is a black, viscous material derived from crude oil through the refining process. In the industrial context, bitumen is primarily used in construction and road paving due to its adhesive and waterproofing properties.

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Benzene

Deutsch: Benzol / Español: Benceno / Português: Benzeno / Français: Benzène / Italiano: Benzene

Benzene in the industrial context refers to an organic chemical compound with the formula C₆H₆. It is a colorless, highly flammable liquid with a sweet odor and is widely used in various industrial processes.

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