Use electromagnet in a sentence. 1  a soft iron or steel core surrounded by a coil of wire, that temporarily becomes a magnet when an electric current flows through the wire. 2  A magnet consisting essentially of a coil of insulated wire wrapped around a steel or iron core that is magnetized only when current flows through the wire.
Business Function. Business Function is an organisational perspective on behaviour. It is not the same as a Business Capability. A Business Function defines the âwhatâ behaviour that is associated with an organisational unit and modelled in a target operating model.rchiMate has the most clarity about Business Functions and Business Processes but doesnât as yet define a Business Capability. One of the first artifacts to be produced as part of a Business Architecture model is a Target Operating Model. This is where definition issues are often first seen.
It is essential to have a realistic, working business plan when you're starting up a business. A business plan is a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts.It has many functions, from securing external funding to measuring success within your business. business plan is a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts. It has many functions, from securing external funding to measuring success within your business.