FUNCTIONAL STRATEGY
Organizational plan for functional areas such as human resources, marketing, R&D, MIS. Other corporate and business strategies are supported by each org plan, customized to its sector and industry.
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Organizational plan for functional areas such as human resources, marketing, R&D, MIS. Other corporate and business strategies are supported by each org plan, customized to its sector and industry.
Bond issuers retire outstanding bonds, especially high-coupon issues, using one annual sinking fund requirement. A repeatable, advantageous method.
Trading market for buying and selling commodities and future delivery contracts. Provides a place for hedging and speculating, complementary activities. Mitigates wild price fluctuations when gluts and shortages occur.
Pay-incentive plan. Motivational tool for employees as a group. Seeks improved productivity in their workgroup. Improvement comes from a more efficient use of resources (energy, labor, and materials). The group shares the
Auto repair shops, dealerships, or garages, any business’s commercial coverage for multiple automobiles on their premises.
Entry point to or from a country; a primary arrival and departure point. Typically is an airport or seaport.
National Association of Life Underwriters affiliates. Agents and managers comprise various groups involved.
Primary person or firm solely accountable to perform a contract. This primary typically supervises activities and coordinates the use of subcontractors .
Communication technology based on Global System for Mobile Communications (GSM) standard. Europe’s packet switched non-voice wireless data. Introduced in 2002, it transmits intermittent data transfer of about 500 octet size in short
Audio cassettes and CDs, adhesive tape and glue sticks, carpets and tiles are competitive products, different, yet solutions and beneficial for the same situations.
Documents filed alphabetically within categories, by source or destination of the record’s geographic locations. A specific record keeping method.
Part of estate planning strategy. An investor uses wealth to provide for the current and future needs of loved ones and charities. Typically a rewarding time for the investor. Meaningful giving and
A brokered trade executed on behalf on another party; once executed, the name of the party to the trade is
Proposed telecommunications and information technology networks as a governmental and nongovernmental, worldwide infrastructure. Its objective is dissemination of information and remote collaboration spurring faster and greater economic growth.
Temperature steadily rising for the near-surface, lower atmosphere average. Currently believed from emissions build-up of greenhouse gases (refer to greenhouse effect). This temperature has risen by 0.6
One principle is that performance is enhanced when a person sets specific goals. Setting tougher goals drives higher performance than setting easier goals is a second principle. This is a motivational technique
To accept a ‘voluntary separation’ or retirement proposal, this incentive is offered to an unwanted employee. Also refer to golden handshake.
Entity status in terms of being up-to-date for anything due, like dues, reports, other criteria, as a member of an organization.
Commissions as a percentage paid per an achievement schedule. Category or amount of policies written is the basis for the step-wise levels of commissions paid.
A new business or a new location having its official opening. Customers alerted to the opening are drawn to come and see. During such an opening most stores offer special promotional items