Definition
Operational processes and procedures for efficient business execution and continuous improvement.
In the room
How the word shows up in a real conversation.
A mentor asks, “What is your Due process?” The useful answer is concrete: legal requirement for fair treatment and proper procedures in decision-making. A slide title is not an answer.
Common mistake
Using Due process as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Due Diligence
Comprehensive investigation and analysis before making business decisions.
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Due on sale clause
Loan provision requiring full repayment when property ownership changes.
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Duopoly
Market structure dominated by two companies controlling most of the market.
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Durable goods
Products with a lifespan of more than three years, such as cars and appliances.
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