Service Disabled Veteran-owned Business (n.)
A business concern-
Not less than 51 percent of which is owned by one or more service-disabled veterans or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more service-disabled veterans; and
The management and daily business operations of which are controlled by one or more service-disabled veterans or, in the case of a service-disabled veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran.
Service-disabled veteran means a veteran, as defined in Article 101(2) of Title 38, United States Code, with a disability that is service connected, as defined in Article 101(16) of Title 38, United States Code
Small business (n.)
A business smaller than a given size as measured by its employment, business receipts, or business assets. The term "size standard" describes the numerical definition of a small business. In other words, a business is considered "small" if it meets or is below an established "size standard." The United States Small Business Administration (SBA) size standards define whether a business entity is small and, thus, eligible for Government programs and preferences reserved for "small business" concerns. Size standards have been established for all for-profit economic activities, or industries, in the North American Industry Classification System (NAICS).
Small Disadvantaged Business Concern (n.)
A small business concern that is at least 51 percent (51%) owned by one or more individuals who are both socially and economically disadvantaged. This can include a publicly owned business that has at least 51 percent (51%) of its stock unconditionally owned by one or more socially and economically disadvantaged individuals and whose management and daily business is controlled by one or more such individuals.
Statement of Work (SOW) (n.)
An SOW is to be completed before work is initiated with a Microsoft Vendor Program (MSVP) vendor on any assignment. Doing so helps ensure that expectations are understood and agreed upon by all parties up front. It should include price, payment terms, delivery dates, and specifications for the work.
supply chain (n.)
The identification, acquisition, access, positioning, and management of resources the organization needs or potentially needs in the attainment of its strategic objectives.
Tier 2 (n.)
The companies doing business as sub-contractors to the prime contractor (a Microsoft vendor) for Microsoft. For example, XYZ Corporation is a Microsoft vendor. XYZ Corporation sub-contracts supplies and services in support of their contract with Microsoft to ABC Corporation. XYZ Corporation is a Tier 1 contractor and ABC Corporation is a Tier 2 contractor (or sub-contractor) to Microsoft.
Vendor Account Manager (VAM) (n.)
The Microsoft procurement employee who is in charge of a particular vendor, helping to ensure that their relationship with Microsoft runs smoothly on both sides.
Veteran-owned business (n.)
that is at least 51% unconditionally owned by one or more veterans (as defined in 38 U.S. Code 101(2)), or in the case of any publicly owned business, at least 51% of the stock is unconditionally owned by one or more veterans; and
whose management and daily business operations are controlled by one or more veterans.
Women Business Enterprise (WBE) (n.)
The criteria used by the Women's Business Enterprise National Council for defining a business as woman-owned are:
Fifty-one percent (51%) ownership by a woman or women.
Proof of effective management of the business (operating position, by-laws, hire-fire and other decision-making roles.)
Control of the business as evidenced by signature role on loans, leases and contracts.