operation

Definition

A business, unit or function within a company.

Use operation in a sentence

The day to day operation of the company was primarily handled by Steve with Mary assisting when Steve was not available.

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The operation ceased to function after the merger and acquisition as the team had decided to change the way it does business.

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A typical business operation begins as a private company, and can later choose to scale up their operation by hiring more employees and issuing shares of stock to various stockholders, thus becoming a public company.

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gate provision operating risk