How does the Diverse Business Partners program define a “women-owned” business?
A. Major League Baseball follows established corporate and government standards and definitions for these terms. “Women-Owned Business” means a business that is at least 51 percent owned by a woman or women who also controls and operates the business. “Control” in this context means exercising the power to make policy decisions. “Operate” in this context means being actively involved in the day-to-day management.
