Panel of Judges
Pronounced: PAN-uhl of JUH-jiz
Definition (in the context of Business Awards):
A panel of judges is a selected group of professionals who evaluate submissions in a Business Awards program. Each judge independently scores assigned entries, and their combined evaluations determine the final results.
Example usage:
“The Business Awards entry was reviewed by a panel of judges from multiple industries.”
Performance
Pronounced: per-FOR-muhns
Definition (in the context of Business Awards):
Performance refers to how effectively a person, team, or organization achieved desired results. In Business Awards, high performance is often demonstrated through metrics, innovation, leadership, or impact—and is a common factor in judging criteria.
Example usage:
“Their strong performance in customer acquisition helped them win a Business Award in the growth category.”
Philanthropy
Pronounced: fuh-LAN-thruh-pee
Definition (in the context of Business Awards):
Philanthropy refers to charitable work, donations, or community initiatives supported by individuals or organizations. Many Business Awards programs have free or special categories that honor philanthropic achievements without requiring an entry fee.
Example usage:
“The Business Awards honored the company’s philanthropy efforts in providing technology access to schools.”
Pitch
Pronounced: PITCH
Definition (in the context of Business Awards):
A pitch is a concise, persuasive summary of why an entry deserves recognition. In some Business Awards categories, applicants are required to provide a short pitch or summary statement to capture the core value of their achievement.
Example usage:
“They crafted a compelling pitch highlighting how their innovation changed patient care.”
Product of the Year
Pronounced: PRAH-dukt of the YEER
Definition (in the context of Business Awards):
Product of the Year is a common category in many Business Awards programs that recognizes a standout product based on design, performance, innovation, or market impact.
Example usage:
“Their new SaaS platform won Product of the Year in the Business Awards for its scalability and user adoption.”