Category: C

An officer that the directors appoint to handle legal issues and legislation. They must set up meetings, record minutes, keep records, make payments, and draft contracts. This is the officer that does

An element that is a part of many jobs and is used to study employee behaviors.

Training employees based on their current skills and where they need to be to get the job done. It leads to good hiring practices.

When the supply meets the demand. The price is set by the competitive equilibrium.

A general process where a company acquires goods or services by extending to suppliers an invitation to tender a proposal. In general, the tender with the lowest price wins the order, although

Completing a task in more than one accounting period. It is considered in the total cost of finishing the job. The profits are uncertain. The profits are only present when the contract

A system of many parts that are related. It is not a simple system and requires more than one level of description. The properties are the result of the combination.

The part of a trip that connects three or more stops.

When interest is calculated on top of a loan.

The comparison of a companies income and output between the present year and the previous year in an attempt to forsee forthcoming profits or losses.

The amount of a substance in a mix in a volume of liquid.

A prototype of an organization showing how well the system meshes with other organizations and how it functions within its own structure.

A rule in a contract that parties must do what they agree to or a demand can be placed to perform the action required. Refer to conditions concurrent and condition subsequent.

A COMPOUND OPTION STRATEGY designed to take advantage of VOLATILITY. Condors are created with the same ratio of PUT OPTIONS or CALL OPTIONS (i.e., one low STRIKE PRICE, one middle low strike,

1. a situation that can undermine a person due to self interest and public interest. 2. a situation when parties discharge responsibility to a third party.

The idea that a person is naturally not fond of pressure and want to be at peace with decisions made.

The EXECUTIVE BOARD of a French company that uses the DUAL BOARD SYSTEM. See also CONSEILDU SURVEILLANCE.

An arrangement of trade where a seller gets to sell in a shop they don’t own. Once sold the owner of the establishment is paid a percent of the money for the

A situation where payoffs add up to a constant figure for any outcome. One player winning must be offset by another players losses. A zero sum game is an example of this.

A professional that makes sure any changes or construction is done to the state and federal code.