Category: S

Transition time of a company’s competition requiring the company to change its current path and adapt or risk losses of profit.

Shrink-wrap is similar, a plastic film tightly wrapped around goods or packages. Not heat shrunk but tightly stretched.

The research, examination, identification of aspects or factors of an event or activity.

1. Conditional or dependent on something. 2. Being under domination as of a authority or government subject to the whims of the boss.3. Exposed or open to undesirable or unfortunate criticism. 4.

A situation that arose in 2008 and affected the mortgage industry because borrowers were approved for loaned they couldn’t afford. Many lending institutions collapsed.

Support of a claim or assentation by objective data or other proof of evidence.

Method where ideas of employees are communicated to management.

Infrequent or miscellaneous supplier not assigned an individual ledger but are grouped together.

Used at the New York Stock Exchange, it is an electronic order entry and reporting system.

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.