Category: K

Computer operating system nucleus. Manages core operations and hardware resources allocation. Also refer to shell.

Alternative to a private branch exchange (PBX) phone system, smaller, cheaper, but less flexible. Allows a caller to directly select outgoing lines, incoming calls, or use intercom and conference facilities via several

Cancelling an investment transaction prior to the system receiving its posting.

A copyright, patent, other documentation that generates income as intellectual capital. See, e.g., How to Get a Copyright: A Step-By-Step Guide

Small but continual improvements involving everyone from the chief executive to the lowest level workers achieves higher standards in quality enhancement and waste reduction. Mosaki Imai popularized it in his book ‘Kaizen:

Spatial adjusting between certain characters along a text line. Natural shape and slope improve character appearance. Letter combinations like WA and VA look awkward and slow smooth eye flow along a text

Computer-system external input device for data entry. It could be to a mobile device, a personal computer, or any other electronic machine. This device has keys with alphabetic, numerical, and common symbols

While being overcome in a hostile bidding war, a company receives a saving grace.

Concepts, data, objectives, requirements, rules, and specifications as an organized knowledge repository. Typically this is a computer system, less often, an organization. It can be (1) a retrieval either as an expert

A budgeting approach that includes product improvement costs. With the objective of reducing actual costs below standard costs, projected costs of improvement are already incorporated in the budget . Also refer to

Essential, main employee stakeholder in corporate operations. May be an officer with voting rights able to influence the company. Any employee owning company assets 5% or more of the total and/or receives

Print ad coded in an advertisement address to identify the source of the query or order. The words ‘Dept. DN’, for example, may indicate ad placements in a newspaper named ‘Daily News.’

Another name for kilocalorie (Refer to calorie).

Artificial intelligence or expert systems retrieval for a knowledge based system of automated production processes.

Reducing product costs even if being produced. A process involving effective waste management, continuous product improvement and raw material price reduction. Cost minimization is a strategy in overall product cost reduction.

Copy or copies of a code, password, or secret key protected by a third party for use in an emergency or when the originals) is(are) lost. Escrowed items may be separated to

Supporter of governmental economic intervention by public policies driving for full employment and price stability. A follower of John Maynard Keynes, a believer in his economic principles.

Electrical power measure of a standard unit equal to 1000 watts. Equivalent to 1.34 horsepower, or 1000 joules per second as a measured consumption rate.

Artificial intelligence / expert system based software techniques. Used to solve process problems. Intended use is to respond to unique queries and expertise transfers, relating one domain of knowledge to another. Exists

Fineness, as a measure of the purity, of gold. It also indicate gold proportion in an alloy. UK spelling of both carat and karat is carat. Germany spelling is karat. 24 karats