The amount the components are connected to eachother and the speed they can work together.

The relationship between individuals, machines, and global networks.

Many penal sentences that served one after another. The total time sentenced is served with no breaks for different criminal charges.

The SUPERVISORY BOARD of a French company that uses the DUAL BOARD SYSTEM. See also CONSEIL D

The European center that is specific ot nuclear research. The world wide web was invented there by Tim Berners Lee.

The EXECUTIVE BOARD of a French company that uses the DUAL BOARD SYSTEM. See also CONSEILDU SURVEILLANCE.

A contract that can be oral or written and is agreed to by the parties involved.

The middle ground between agreeing and disagreeing. The participants share a value and goal and work to get that goal to get a decision made. Refer to collective responsibility.

A forecast that different departments add their forecast to, to reflect all levels of management.

A forecast that uses previous forecasts. All are given equal weight as are their assumptions. It is a broad estimate. Refer to delphi method.

When an agreement is made though a manner that doesn’t require face to face interaction. The solution is simply signed and settled.

A graph that shows effects predicted based on a decision.

A loss that happens and is insured. The loss is not predictable. Additional insurance must be bought. Refer to direct loss and indirect loss.

Policy that covers against indirect loss and property damage. It covers accidents and is sold with regular policies to help prevent further loss.

Anything that occurs due to a previous event. Refer to subsequently.

Protecting and using resources in a wise way to get the most benefit for long term. There are many ways to do this by alternative technologies, recycling, and reduction of waste.

An idea that supports free enterprise capitalism, traditional ideals, mininal government help, strict law, and gradual change. It started in 1750 and ended in 1850. It is nondoctrinated approach and practical outlook

Keeping risk low with blue chip stock in a portfolio.

Investing to preserve capital and risk by diversification in the portfolio. Low risk investments like government ones are the best way to do this.

The tendency to make safe choices instead of risky ones that may lead to loss.