ORGANIZATIONAL CAPABILITY
Resources at an organization?s disposal, including human resources, material resources, financial resources, information resources and intellectual resources.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Resources at an organization?s disposal, including human resources, material resources, financial resources, information resources and intellectual resources.
A typically hierarchical framework of authority, accountability, communication, and allocation of responsibility. Organizational structures should reflect the goals of the organization if they are to be successful.
Used in elevations, floor plans and drawings of building sections, orthographic projections are 2D isometric views of a 3D object at right angles to the views and lines of sight, drawn to
Non-pension benefits received by a retired employee.
Measurement of treatment given to patient, and of response to that treatment.
1. Products, services, work or energy that is produced by a company, machine or individual in a given period. 2. Computing: Information suitable for transmission from a computer to external devices; transferring
1. The amount by which an overhead has been over absorbed. Added to budgeted profit in end of period accounts. 2. When the overhead applied to a work in progress is more
A combination of direct and fixed labor costs involved in the manufacture of a product.
A legal process that converts interest in one asset to interest in another.
Overtime that has been planned ahead of time, to facilitate early completion of a job, or to provide ?out of hours? support.
A committee that operates under the corporate governance department on an organization and performs various duties that depend on the company. However, their main focus is on the evaluation of the company’s
A loan that is considered to be nonperforming due to nonpayment of interest or the uncertainty regarding the collection of principal. For example, nonpayment of interest for 90 days deems that the
A policy that allows the insured to be covered by continuing the payment of premiums for a specified duration of time. The premiums for such policies remain unchanged while also prohibiting the
Occurrence of an situation due to the nonfulfillment of the prescribed standards and specifications.
A method of quality control that is performed on a finished item instead of a sample. As such, it leads to no damage of the tested product. Common techniques include radiography and
Items that are not used up during consumption and as such retain their identity.
The process that involves the sale of a property, utilizing the power of sale in mortgage. However, most insurance companies require a judicial disclosure by the court before issuing a policy.
Income that is not derived from the operations of the business, but still received. It is examined independently from operating income as it does occur frequently. A one time occurrence such as
A retirement contribution that the employee has earned, but which is yet to be paid by the employer. It is not taxable as it has yet to be received. Employees with high
A agent who possesses the license to sell insurance policies in a state other than the one he considers his home state.