World Economic Forum

Definition

The World Economic Forum is an international organization that brings together leaders from business, government, academia, and other sectors to discuss global economic issues and formulate strategies for addressing them. It is best known for its annual meeting in Davos, Switzerland, where influential figures collaborate on solutions for worldwide challenges.

Related terms

Corporation:

A legal entity separate from its owners, providing limited liability to its shareholders while being able to enter contracts, sue, and be sued.

Globalization:

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Stakeholder: An individual or group that has an interest in any decision or activity of an organization, including customers, employees, shareholders, suppliers, communities, and governments