Category: O

Pollution that occurs when organic substances emit pollutants into the environment. These pollutants can usually be oxidized by naturally occurring micro-organisms.

Principles and practices that define the unique atmosphere within an organization.

Initial induction of new employees into organizations. Objectives include developing employee commitment, easing anxiety, promoting organizational expectations and explaining what the employee can gain from working with the organization.

Classification term that applies to minor assets (e.g. scrap value of outmoded equipment) when recorded on balance sheets.

The state of a process when outputs / samples are no longer within statistical control. A control chart of such a process will show data points that are not clustered around the

1. A statistical data point that lies outside of normal distribution. 2. A person who lives or works far from major conurbations.

A measurable standard that expresses the amount of energy, work, goods or services a process should produce in a given period.

When a certification authority approves a greater payment than is actually due.

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.

Activity that occurs when feedback or corrective action is delayed or poor. Most evident in the collapse of economic cycles and social units, when natural resources are exhausted and when an ecosystem

On their financial statements, a company reports payments received for products or services.

The objective for the formation of the company is stated in the Objects clause. A firm is acting ultra varies or beyond its powers if the firm’s activities breaches this clause.

A compound that is the liquid state and is highly flammable that is used to process petroleum. It is an important component used to determine the antiknocking properties of gasoline.

The non keeping of an official record for a payment or receipt of money

The official regulators of the various federal financial institutions. It falls under the jurisdiction of the U.S treasury department.

A progam that automatically downloads emails and other files onto the user’s computer from the internet and allows for their reading at the user’s convenience even when offline.

An agreement that takes place between a producer and a buyer before the construction of a facility, that guarantees a market for the future production of a facility. This increases the chances

This fund was created by the Sultan of Oman in 2006 to aid the economic development of Oman. The fund has been invested in a combination of private equity, public equity, and

This is transportation that is provided after the goods are discharged at port, usually until final delivery.

This is a brokerage firm that only interacts with customers over the Internet, instead of using traditional, office-based meetings. Online brokers often charge lower fees and provide do-it-yourself resources for investors.