OPPORTUNITIES AND THREATS
All those agents or forces that are out of an organization’s control, but can accelerate or restrict the organization?s success.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
All those agents or forces that are out of an organization’s control, but can accelerate or restrict the organization?s success.
An area in which common currency will improve economic efficiency, based on a theory credited to Robert Mundell.
Bill of lading that allows a shipment to be discharged in multiple parts at multiple locations.
A document that confirms an order is being placed.
Bill of exchange only payable to a named party (or an assignee).
Debts that are not secured and have no special claim on the debtor?s assets. Secured and preferential debts will be satisfied before ordinary debts.
Organic organizations consist of employees of similar status without formal job titles or responsibilities, so individuals can perform the tasks to which they are best suited. Decision making is informal without resort
Costs incurred when an organization is first set up.
1. The arrangement of several entities into a logical pattern or structure. 2. Pulling together the resources necessary to achieve shared objectives.
A transaction that has resulted in the exchange of goods or services, but has not yet been paid for.
Any treatment an insurance policy holder receives that is outside of the usual service area.
Evaluation of results of a process, activity or a plan, to be compared with expected results.
Facility that is far from the main plant.
1. Retailing: A drug or medication that does not require a doctor’s prescription. 2. Securities: Unlisted US securities (usually unlisted because the issuer does not meet the exchange?s requirements).
This is the maximum amount of money that one bank will transfer to another in one day, limiting the bank?s exposure to monetary transfer risks.
Occurs when spending money to improve a property is no longer the best use of the property, or is too expensive when compared to the cost of improving other properties.
Occurs when a salesman continues trying to sell a product even after a consumer has agreed to buy it.
Occurs when assets are created that benefit individuals at the expense of the company.
A promotion that is spread on the internet by email and website banners.
An industries shares that is subject to economic changes. They profit when the economy is good but fall when it is bad.