I've never heard of monotonic being used for two (input) variables, but I suppose it would mean that, for each fixed value of y, u is a monotonic function of x, and for each fixed value of x, u is a monotonic function of y (and I expect they'd need to be either both monotonic increasing or both monotonic decreasing).
Business Trust Law & Legal Definition. Business trust is a form of business organization which is similar to a corporation, in which investors receive transferable certificates of beneficial interest.n some states, a business trust is subject to the laws of trusts whereas in other states the laws of corporations or partnerships govern its existence.
A Definition of Business Strategy. The definition of business strategy is a long term plan of action designed to achieve a particular goal or set of goals or objectives.Strategy is management's game plan for strengthening the performance of the enterprise. It states how business should be conduct to achieve the desired goals.Without a strategy management has no roadmap to guide them. Creating a business strategy is a core management function.It must be said that having a good strategy and executing the strategy well, does not guarantee success.t states how business should be conduct to achieve the desired goals. Without a strategy management has no roadmap to guide them. Creating a business strategy is a core management function.It must be said that having a good strategy and executing the strategy well, does not guarantee success.