Final answer:
A business glossary is a collection of business terminologies that include terms and definitions used in an organization, often hyperlinked for ease of navigation. It does not typically contain taxonomies, hierarchies, or data sets.
Step-by-step explanation:
By definition, a business glossary is primarily a collection of business terminologies. It consists of crucial terms and definitions that are used within an organization to ensure clarity and consistency across different departments and stakeholders. The entries in a business glossary are generally arranged in an alphabetical order and may include hyperlinks to other related terms within the glossary, resembling a network of information. However, while a business glossary does indeed involve the organization of terms, it does not typically include full data sets as part of its structure.
It's important to distinguish between a glossary and taxonomy or hierarchy. A hierarchy is an arrangement of items or concepts in which the items are represented as being "above," "below," or "at the same level as" one another. Taxonomy involves classifying things into groups based on their similarities and is a broader concept that often includes hierarchical structuring among its methods, similar to the classification of organisms in biology or the arrangement of products in a grocery store. Therefore, a business glossary may incorporate hierarchical principles (e.g., categorizing terms under broader concepts), but hierarchy and taxonomy pertain more to the organizational structure, not to the collection of terminologies itself.