A systrem of accounting that is simple where all transactions are only recorded once and not as in a double=entry book keeping system.

A simple way to track expenses and income using one line terms with a single total at the bottom.

The “quick and dirty” method of training new employees where the new rexcruit is put straight into the working environment with little or no training being provided.

A dangerous situation caused by the sudden collapse of a land mass into an empty space below it.

A subsidiary of a parent company that owns more than one subsidiary company. The subsidiaries are considered to be sister companies.

An exclusion method that will prevent the coverage of products that have been withdrawn from the market place.

Action that is taken by employees on strike where they stay at the place of work so non-striking employees can’t do their jobs as replacements.

1. General. The spatial location of a facility, building or structure.2. Internet. The “place” in cyberspace that is the location of a web site.3. Law. A domicile, location or controlling jurisdiction of

The m aking of a work site unavailable due to disturbances such as fire or flood in surrounding areas all though the site may be unaffected.

The preparation of a work site or web site that enables it to perform its intended function.

A license that is purchased for software that is used at one location.

A detailed plan or blueprint that is used to develop a particular plot of land.

A series of steps taken in order to choose the location for a facility or firm.

An onsite, hands-on learning that is done with a mentor that makes the knowledge easier to understand and take in.

The collection and systematic evaluation of present and past economical, social, political and technological data that is aimed at identifying both internal and external forces on an organisation and assessing the organisations

A report that recurrs which describes and records a particular event or occurence. It is not periodic.

A technique that is used in an interview where the applicant is placed in a certain situation and asked about how to resolve it.

A leadership model designed by Ken Blanchard and Paul Hersey where effective leadership needs flexibility in style that is dependent on the situation at hand.

The alternative term for a contingency school of management.

Developed by Motorola in 1986. It is a business strategy used in many countries to improve its quality of services and products through the removal of errors and defects. 99.99966% of products