Category: S

The complete network of bodies that are either directly or indirectly linked or dependent in serving the same customer. It will comprise the vendors of raw materials, production company, storage warehouses, distribution

A schedule that lists surgeries and the benefits payable for each one.

Provision where pregnancy covers members in a group health plan but coverage is terminated at the end of the plan even if a pregnancy is still progressing.

Carrier substituted B/L for the original B/L with the terms of an L/C.

The process where each run of production will put out an identical sequence of items in terms of quantity, mix and rate. See synchronized manufacturing.

Efforts to (1)translate operational needs into system performance, (2) incorporate physical and functional needs in order to get an optimal design and (3) integration of all factors in order to meet performance,

The part of an excess return on assets that are not explained by common factors. Also known as idiosyncratic return.

Corporate divestiture accomplished by (1)creating a subsidiary and new shares will be issued or (2) leveraged buy out by subsidiary management.

Liabilities resulting from the purchase of services or goods on credit that incur the obligation to be paid later.

1. All employees who work for a company. 2. Employees working under a given supervisor. 3. Act of having a position at a company.

A US measure for displays where it is one column wide by one inch deep with a gutter of 1/8 inch between the columns.

US version of Benet Scale for intelligence measuring that was introduced in 1916 by A. Term from Stanford University.

Financial statement showing assets owned or available to an organization for using in objective accomplishments.

Statute of limitations applying the number of years a party has after the contract is over to act.

Cost assigning process to different parts of a business.

A European martin force unit that is needed to accelerate a mass of 1 ton at the rate of 1 meter per second squared. Equal to 1000 Newton’s, or 224.81 pounds of

Arrangement where the supplier holds items ordered in its own warehouse to release them when required by a customer.

Goods that don’t lose value or degrade over a fairly lengthy period of time.

Method of calculating depreciation where the cost of the capital reduces by equal amounts for each period of accounting during an assets estimated life.

Developed by Dry, Charles Wiseman in 1982, used in information systems and created to respond to business initiatives and give a competitive advantage.