The expected behaviour that is associated with a position or the status within a organisation or group. See Roles.

In Human Resource Management where the position is poorly presented and there is a lack of clear understanding.

The lack of compatibility between expectations of a position or job.

A person who others aspire to be like, may be a person alive or dead, someone you know or don’t know but would like to be the same as.

The lack of reasonableness or balance in the extent of expectations from the job or person doing the job.

A person who has been assigned specific functions or taskin a program, process or project.

The art of acting out a role other than our own in a training situation.

A position or job that has certain expectations that go with them.

The effect a wage rise has on benefits that are calculated as a percentage of the wage.

1. General. The dismantling of current policies and methods to make way for a new or altered approach.2. GATT.The r emoving of all restrictions to trade that are no longer consistent with

A process in shaping metal ingots where it is passed between two rollers to get a set shape and thickness.

The average value or count of an inventory based on the same period, usually the previous year.

The way in which a budget is set at the start of an accounting period is able to be amended reflecting any variances that arise.

A ship loading method that does not need cranes to lift cargo on. Cargo is driven onto the ship. See LiftOn.

The formal launch of a productor service using media and following a campaign of promotional material.

Money taken from a qualified plan and placed into a second plan to avoid taxation costs.

Where capital gains tax is not paid as long as the company re-invests in replacing its capital assets.

The upright type face as compared to a slanted type face like italics.

Economics Nobel Prize winner for research into transaction costs and right to property.

The rate for accommodation that includes a night’s accommodation and all meals.