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Sunday, October 31st, 2010
Basic Operational Management Glossary Part 5 of POME by Gautam Koppal
Standing Order – In the United Kingdom. instruction given to a bank to charge a fixed amount of money from one account, usually every month on the same date, to pay a bill, mortgage, etc.
Standing Room Only – A sales technique in which a company or individual who sells a product gives the impression that many people want to buy the product, encouraging people to buy immediately if that is exhausted and not get another chance.
State Benefits – In the UK, the money given by government to people who do not have funds enough to live and the need for financial assistance, often because they are unemployed or too ill to work.
State of the art – The highest level of development and / or technology applied to a product or service that is currently available.
Statistical – A person specializing in works or statistics.
Status Check – In the United Kingdom, a request made to a bank asking for a report on the financial situation of a person, ie whether they can afford a loan, mortgage, etc.
Staycation – U.S. deadline for spending holidays at home or near your home.
Stealth Marketing – also known as Buzz Marketing. A method advertising a product that customers do not realize they are being persuaded to buy something, for example, people recommend a product in Internet chat forums, not realizing others that the person actually works for the company or manufacturer who sells the product.
Steering Committee – also Steering Group calls. A group of people who are responsible for monitoring operations of a business or project progress, ensuring compliance with company policies, resources and costs are approved, etc.
Stenographer – A shorthand typist. Greek: Stenos (narrow) and Graphie (written)
Law – The basic monetary unit of the United Kingdom, for example, a pound.
Stet – Latin for "let stand" Print a term that extends to proof reading and copy control, editing, etc., to indicate that a word or a section marked for deletion (Cross) within a document or other means is to be retained.
Docker – Also called stevedore. A person who works at the docks, loading and unloading.
Sticker Shock – A term U.S. for the feeling of surprise or shock experienced by some customers when they see the price of an item they were thinking of buying is much greater than expected.
Stipend – A fixed payment, often modest, typically on a regular basis, someone, for example, an apprentice, for living expenses during a period of training.
Archive – An investor from ownership in a corporation which entitles them to equity in the company, dividends, voting rights, etc.
Stock Market – A organized market, where company shares are sold by professional brokers.
Stock Ticker – A display that is updated automatically and displays the current price and volume of shares traded on the Stock Exchange.
Broker – A person or company buy and sell stocks, bonds, etc, on behalf of others, in exchange for a fee.
Balance – The process of inclusion of all elements materials or goods to a shop, company, etc, have in stock. An inventory of the goods.
Storyboard – used in movies TV shows, etc, drawings or photographs are illustrations of the scenes should be shot.
Straight Rebuy – When a company or individual orders for the same products in the same amount from the same supplier.
Motto – A caption in a newspaper or magazine. A slogan attached to a well known brand.
Strategic industry – an industry that is considered essential to the economy of a region or country.
Strategic management – The process of predicting and evaluating opportunities for a company and difficulties, and decisions for the company can achieve its objectives and gain competitive advantage.
Strategic Relationships – an agreement between two or more companies to conduct business processes specified together. Usually related to technology development and / or marketing efforts and distribution.
Stress Puppy – A person who seems to thrive on stress, but always complains about it.
Strike – A work stoppage caused by a disagreement between employees and management about working conditions, pay, etc.
Strike-Breaker – A person who continues to work, or used to work during a strike.
Structural Engineer – a business that researches, designs and plans structures such as buildings, bridges, etc.
Sub Judice – Term used when a legal case is currently on trial or is being considered by a judge, and any other information about the case should not be disclosed to the public.
Outsource – To hire someone to carry out some works that have been hired to do.
Subliminal Advertising – An illegal form of advertising. An image that flashes on a screen, usually for a second, or a message to low volume, which may influence the person watching or listening, but are not aware of what they have seen and / or heard.
Subordinated – Someone who is lower in rank than another person, and subject to the authority of a manager, etc. Less important.
Subpoena – An official summons requiring a witness to attend trial and testify at a time and place. Failure to do so may result to be punished for contempt of court.
Subrogation – The right of an insurer who has paid a claim to the party concerned, for sue the person, company, etc., that caused the injury.
- Occur reward success.
Succession Planning – The process of identifying qualified employees who can be trained and prepared to replace senior staff when vacancies.
Subpoena – An official document that orders a person to appear in court to answer a complaint against them.
Sunk cost – past expenses that Company A can not recover, and should not be taken into account in planning future projects.
Sunset Provision – Also called sunset clause. A provision stating that a particular law or regulation expires in certain date unless further action is taken to enlarge.
Benefits Fund – A pension, for which regular amounts deducted the salary of a person while working, which is paid by the employer when the person is retiring from his job.
Surcharge – Also Surtax is called. An additional tax on something already taxed, for example, an income above a certain level.
Supplies Products – Support for production products that will not become part of the final product of the buyer. Examples are the bits, lubricants, cleaning cloths, chemicals engraving, pencils, paper clips, etc.
Supply and demand – supply is the amount of a product or service that is available and demand is the amount people want to buy. When demand is greater than the offer prices usually rise when demand is below supply prices usually fall.
Supply Chain – A chain through which a product moves from raw materials to manufacturing, distribution, retail, etc, until it reaches the final consumer.
Surface Mail – Mail that is transported by land or by sea, not by air.
Sweat Equity – A term used to describe a person's investment in a project, etc, by contributing their time and effort, rather than your money.
Farm – A place, often a garment factory, where people work long hours in poor conditions for low wages.
Sweetheart Deal – An agreement or contract that offers very favorable rates for one or both sides, but often not in the best interest others, such as shareholders.
SWIFT – Society for World Interbank Financial Telecommunication. Founded in Brussels in 1973, a system transmission of payments, stock transactions and other financial messages between financial institutions safely around the world.
Sychophant – A person or servile follower, not necessarily low-level, which is pleasing to a (more) powerful influence by flattery using, and often report others, which is derived the word in its original Greek sense (sykophantes is the ancient Greek informant).
Symposium – A meeting or conference in which experts discuss a particular topic, often with audience participation.
Synergy – The joint work two or more individuals, groups, companies, etc, to produce a greater effect than working individually.
Table d'Hote – Technically 'S table "- a food menu that offers a complete meal with all courses and limited choices at a fixed price," table host' French.
Tachometer – A device that is installed in vehicles, especially commercial vehicles, which records speed, distance traveled and time.
Tag Line – A memorable motto or phrase used in advertising.
Tailor-Made – adapted or made for a particular purpose or individual.
Take-home pay – Amount of money received by an employee after deductions such as taxes, insurance, etc.
Acquisition – The purchase of one company by another.
Public Offering – An offer made by an organization or individual to acquire a company, usually offering to buy out shareholders of the company.
Takeover Panel – A panel set up in some countries to ensure that all purchases of the company comply with laws and regulations, and all shareholders are treated equally and fairly.
Tangible assets – physical assets such as machinery, buildings, vehicles cash, etc, owned by a company or individual.
Tara – The weight of packaging used in the packaging and protection of assets is deducted from the total weight of a product to determine the actual weight of the goods. The deduction on the weight of a vehicle used to transport goods in order to determine the actual weight of the goods.
Target Audience – The group of people that an advertisement, product, TV, etc., is intended.
Objective of the company – a company that another company or organization wishing to acquire.
Target Market – A specific group of people with similar characteristics, needs, lifestyle, etc, in which a company sells its products or services.
Tariff – A government tax on goods imported and exported.
Task Force – A group of people trained to work on a project or task.
Taxes – A fee imposed by a government or corporate personal income products services, etc. in order to raise revenue to pay for utilities.
Tax Abatement – Also known as a bridge tax. A waiver or reduction of taxes by a government to certain companies for a specified period of time, often as an incentive for development industrial.
Tax deduction – The amount of income that can be earned or received in a tax year before you pay.
Tax Evasion – legal ways to pay the minimum tax possible using subsidies and exemptions.
Tax on Support – Based on income levels, the higher the income the higher the level of taxes, so people who earn more money has to pay a higher rate of tax from their income tax allowance under the bottom bracket.
Tax Evasion – Avoidng illegally tax payments, usually making a false declaration of income.
Tax Exile – A person or company who chooses to leave from one country to live or work in another country, often called a tax haven where taxes are much lower or nonexistent.
Assessment Tax – The right to a tax authority to claim the goods from a company or individual who default in payment of taxes.
T-Commerce – Trade Television. Buying and selling products and services using interactive television.
Team Player – A person in any type of profession that works as well as a team member.
Teaser Ad – A brief announcement that reveals only a little information about a product usually is not available, in order to arouse public interest.
Teaser Rate – A low interest rate for example, mortgage loans, credit cards, etc, which is lower than the market and is available for only a short period of time in order to attract borrowers.
Techie – a person who is very knowledgeable, or expert in technology, particularly computers.
Technical Analyst – A stock market analyst who uses charts and computer programs to study the investments to to predict future stock prices, etc.
Technical Support – A service provided by the supplier of technology products, such as computers, mobile phones, televisions, etc, the buyer can use if you need help using the product.
Telecommunications – Known informally as telecommunications. The long-distance communication by telephone, email, etc.
Teleconference – A conference of two or more people in different locations, using telecommunications equipment such as computers, video, phone, etc.
Telemarketing – Also known as telesales. The sale of goods or services by contacting prospective customers by telephone.
Teleworking – A agreement in which the employee works at home and contacts in your office or workplace by phone or computer.
Tenant – A person or company you pay a fee for the use of land, property, etc. to the owner. One occupant.
Tenant at will – A tenant who continues to rent land, property, etc. beyond the expiration of the lease. Also a tenant who rents the property without a written contract, therefore may be forced to leave the owner without notice.
Tender Offer – An offer, usually above the market price to shareholders of a company by another company or individual as part of a takeover bid.
Warranty Period – One way life insurance that pays a lump sum if the insured dies within a fixed period of time.
Terms of Reference – A document that describes the objectives, scope and purpose of a project, the committee meetings, etc.
Terrestrial – Term used to describe systems broadcasting, such as television, which operate on land, rather than from a satellite.
Tertiary Industry – The third sector the economy of a country that covers services such as transport, schools, financial services, etc, in place of manufacture or production.
Test Case – Term used to describe a court case which establishes legal rights and serves as a precedent for future similar cases.
Market Test – In marketing, a product or service being tested in a particular area of the country before it is launched nationally.
Text Message – A written message sent from a mobile phone to another.
The Big Board – an informal name for the New York Stock Exchange on Wall Street.
The Official Journal of the list – the value of daily log prices of the shares traded on a stock exchange.
Theory of Constraints – Theory originally developed by Dr. Eliyahu Goldratt, which provides that each organization must have at least one constraint that must be overcome by recognizing and treating the cause of "bottleneck", which allows the company achieve its objectives.
Theory X – Powered by Douglas McGregor in the 1960's, a theory that most people in the workplace do not enjoy work and take every opportunity to avoid doing their work because they are lazy and need to be closely monitored, threatened and disciplined by management.
And Theory – Developed by Douglas McGregor. The opposite of Theory X, a method of managing people in workplace based on the idea that most workers enjoy their work, are self-motivated and want the responsibility and the role of managers is to help workers their full potential, giving them greater responsibility, including decision making, etc.
Theory Z – A management style Japanese based on the theory developed by William Ouchi, workers to build relationships with other employees and management to feel safe in their jobs, develop skills through training, and have their family life and valued traditions.
- These results will be personally satisfactory.
Think Tank – A group or organization that investigates and advises on issues related to technology, economics, social policy and strategy.
Third line forcing – a situation that occurs when a supplier of just selling a product or customer service to a condition that is purchased from a third party designated by the supplier.
Third Party – A person or organization principally involved with the other two parties, but has an interest in an agreement or contract. In an insurance policy, the third is the person whose car is damaged etc. you in an accident.
Third Sector – A part of the economy of a country that is a nonprofit, volunteer work, organizations charities, etc.
Third World – refers to, poor underdeveloped nations in southern Africa, Asia and South America.
Savings – In the U.S., a savings and loan association. The practice of not spending too much or using too many resources.
Symbol Ticker – In the U.S., a set of characters, usually letters, used to identify a particular action in the stock market.
Agent connected – A sales agent or business that represent or selling and / or offers only advice on products from a company such as insurance.
Hour and a half – Rate of pay that is 50% more than the regular rate, usually overtime.
Time and Study Motion – The study and analysis of a specific job within an organization, whose results are to increase efficiency and production.
Timeshare – A lease on a holiday usually) the property (jointly owned by several persons entitled to use agreed times during the year, usually by one or two weeks. The industry often associated with high pressure or unethical sales methods.
Title Property – A legal document showing a person's rights of ownership of property or land.
Formalism – the practice do the minimum necessary, especially by law, making small symbolic gestures, such as employment or the inclusion of a single person who represents a minority or ethnic group.
Largest bronze – the most important people in a company or organization.
Top Dog – The person who has ultimate authority and is in charge of an operation as a whole, business, etc.
Top Dollar – The highest price paid for a product, service, work, etc.
Top-heavy – Describes a company or business that has too many managers and administrators / Or compared with the number of workers.
-Top-Level Domain – TLD. The last part of an Internet domain address, for example. Com (commercial). Gov (government), etc.
Tort – A wrongful act, others of a breach of contract, which is not criminal but detrimental to another person, who may be subject to legal action for damages taken.
Total costs – In business, manufacturing costs, overhead, administration, etc – that is, the sum of fixed costs and variable costs. In investments, the price paid for a part, security, etc, most brokerage fees, taxes, interest by the seller, etc.
Total Quality Management – TQM. A system management company that seeks to improve the quality of products and services and improve customer satisfaction by giving everyone in the organization accountable for achieving and maintain high standards.
Touch Base – Contacting usually administrators who want to communicate with their staff.
Trade – The purchase and sale or exchange of goods and services. Buying and selling shares on the Stock Exchange. A skilled job as a builder, carpenter, plumber, electrician, etc.
Trade – An agreement, usually between the countries to limit or change their policies when making each other.
Descriptions of the Trade Act – In the United Kingdom, a 1968 Act of Parliament to prevent counterfeiting of goods and services to customers by manufacturers, retailers or service providers.
Trade secrets – a secret formula or device used by a company in the manufacture of a product that gives you an edge over the competition.
Trade War – A conflict between the countries that each country sets trade barriers to restrict trade or harm others.
Brands – the name of a product or service has been legally registered as property of a company.
Brands – TM. A symbol, logo, word or phrase that is used exclusively by a company, person, etc., so that their products or services can be easily identified, a trademark, legally, can not be used by anyone else.
Trading Floor – An area of a stock exchange, where dealers trade in shares, etc.
Pioneer – An innovative and pioneering. An individual or company that is the first thing to do or discover something, and leads where others follow.
Leg – Describe part of a loan, investment, etc, which is a portion of the total.
Deed – also called script assignment. A legal document that ownership of property, land, etc, has changed its owner to a third party who now legally owned.
Crime – Multinational. This refers to companies, organizations, etc, that operate in or across countries.
Treasurer – A person in a company, organization, club, etc., which is responsible for managing the funds and accounts.
Treasury bonds – in the U.S. long-term security issued by the government that pay interest periodically.
Testing Supply – A temporary offer of a company usually a time for buyers for the first time that a customer can try a product or service free or at discounted rates for a short period of time.
Troubleshooting – Identify and resolve problems that arise in the workplace.
Trust Fund – Property or funds that are legally held in the control of a trustee on behalf of an individual or organization.
Trustafarian – A young rich, which gives the appearance of being unemployed and living a bohemian lifestyle in circumstances uncomfortable, but lives off a trust fund.
Trustbuster – A government agent whose mission is to end monopolies or trust companies under antitrust laws.
Trustee – A individual or organization who is legally responsible for managing the financial affairs or other person or company.
Truth in Lending Act – In the U.S., a law that protects consumers require companies that offer loans, credits and credit cards, etc, to disclose full details the terms and interest rates.
Polished Turd – Australian equivalent of not being able to make a silk purse from a pigs ear. A term engineering to fix defects in a product, process, system, etc, then repeat as new defects appear, instead of re-engineering fewer defects.
Turntablist – A person who uses vinyl, a turntable on the turntable and DJ mixer all together as an instrument to create sounds.
Magnate – A rich, prominent personality, successful business, also known as a mogul, tycoon, baron, etc.
Tyre Kicker – A person who seems to be interested in purchasing an item, especially a second hand car, but has no intention purchase.
Ultra Vires – Latin for 'Beyond the Powers. "Legal term that refers to actions or facts, especially made by a corporation, exceeding official powers.
Unanimous – A complete agreement on a decision or opinion of all members of a group.
Not permitted – No official recognition or permission.
Separation – Dividing a company into independent companies, usually after a takeover, to sell part or all of the subsidiaries. Supply a product, service or equipment components separately.
Uncalled Capital – The value of the shares have been issued by a company but that have not been paid by shareholders.
Unbound – Describes the subsidiaries whose financial statements, actions, etc. are not included in the finances of the parent company.
Uncontested – No opposition or competition. A claim is not contested by the person against whom presented.
Cut – To sell a product, service, etc, cheaper than the competition.
Decimated – Describes a company, business, etc, you do not have enough staff to function properly. Staff shortages.
Undershoot – To fail to achieve a goal or objective.
Endorsed – When a product, service, etc, is not being bought by enough people.
Insurer – A person who evaluates the risk and potential client's eligibility an insurance company. Securities Market, an organization as a bank, which undertakes to purchase all unsold shares offered for sale by a company.
Undischarged bankrupt – A person which has been officially declared bankrupt, but has not yet been given permission to start another business, and should not stop paying the debts still owed.
No Accrued Income – Personal income has no job, but investments, dividends, interest, etc.
Unemployment – An economic situation in which people without work, often those who have been dismissed from their jobs, are actively seeking employment.
The Unfair Dismissal – A term used when a person a job is completed by your employer without good reason.
Unfavorable trade balance – Describe the local value of imports exceeds the value of their exports.
Unhappy Camper – Someone who has complaints about their employers. A dissatisfied customer.
Unilateral – Made by a person, group, side, party, etc. – basically, 'go it alone. " For example, a unilateral decision is made without dependence or other condition that may have interests in the matter.
Unilateral Contract – A side agreement in which a party undertakes to do something (or refrain from doing something) in exchange for an action, not a promise, a second party.
Unique Visitors – Describes a person who visits a website, as a unit, even though they have made several visits to the same site within a given period of time, usually 24 hours.
Unit Trust – a fund that raises money for a number of investors, typically invest only a small amount each, which is then invested on his behalf by a fund manager in a number of shares, stocks, bonds, etc.
Unlimited Company – In the UK, a company whose owners have unlimited liability, for example, if the company goes into liquidation the owners are required to collect funds to pay the debts of the company.
Unlimited liability – an obligation of the owners of a company or partners to pay all company's debts, even if the personal property must be used.
Unlisted – Refers to the company whose shares are not publicly traded Securities.
Unofficial Strike – also known as the wildcat strike. A form of collective action which has no approval or authorization of a union.
Unregulated – not regulated or controlled by the laws or rules.
Unsolicited – not requested or guests, for example, spam.
Unsought products – products which are usually purchased due to adversity rather than desire. For example, coffins, crutches, and medicine are all unwanted goods. Another form of unsought goods are products such as life insurance and encyclopedias. These products rarely leaves the consumer looking for, therefore, an ongoing process, the hard sell is required.
Unsystematic risk – also called residual risk. The risk that can affect prices of the shares of a company, production, etc, as a sudden attack of employees.
UPC – UP niversal roduct C ode. A bar code with thick and thin vertical lines, which is printed on labels, packages, etc., to identify a specific product, and is used for inventory control.
Upselling – a sales technique in which the seller tries to persuade customers to buy more expensive and / or more goods than originally intended.
Alza – Also called addition Tick. In the stock market, surgery, or quote a price above the previous operation to the same security.
Uptime – The period of time a computer, piece of machinery, etc, is operational and available for use.
Upwardly mobile – Used to describe someone who is moving toward greater social and / or economic status.
Urban Regeneration – Also called Urban Renewal remodeling of the decay parts of a town or city, to include business and housing projects, usually the government or funding agencies.
URL – Uniform / Universal Resource Locator – The address of a website on the internet.
Usance – In international trade, the time period allowed, which varies between countries, for the payment of a bill of exchange.
Easy to use – Easy to Learn or use by non-experts.
USP – Unique Point of Sale / Proposal. The key feature of a product or service which makes it stand out from the competition.
Utopia / Utopian – An imaginary society or the world or situation is perfect and everyone has everything you want, from the very venerable English statesman, scholar, lawyer and writer, Sir Thomas More Utopia 1516 book of the century, whose full title Latin translates to say "In the best of State of the Republic and the New Island of Utopia." Dystopia otherwise run, was conceived two centuries later.
U-Value – Buildings and end of the construction industry relates to the effectiveness of insulation materials.
Vacancy – A range of work offered by a company that wants to hire an employee. One room available in a hotel.
Rate Vacancy – The percentage of unoccupied space or rental units, for example, hotel rooms, compared with the total area in a rental bike time.
Valid – legally or formally acceptable and binding. Ongoing, eg a passport.
Value Engineering – In manufacturing, a method for producing a product at the lowest price without sacrificing the quality, safety, etc, and at the same time meet customer needs.
Value Investor – An investor who buys stocks, etc., which they believe is undervalued in order to obtain a profit by selling them when the price increases.
Value Share – One share, etc, which is considered undervalued and therefore a good investment prospect.
Value Added Reseller – VAR. A company buys a product and changes or improvements before reselling the consumer. This practice is common in the computer industry.
Rated Policy – A policy of insurance which the insurer agrees to pay a claim for a specific amount for loss, damage, etc, for insured items, such as works of art.
Vanilla – Simple and ordinary without any extras. Base.
Vanity Publishing – The author pays the publisher.
Vapourware – Term used to describe a computer program that is announced before it was, and can never be developed, often to damage sales of a competitor's product has already been launched.
Variable Cost – In business, costs that vary according to changes in the activity, production, etc of the company, such as overhead, labor and material costs.
IVA – V alue a dded T ax. A tax on consumers that is added to the price of goods and services.
Vendée – A person or company that buys goods, property, etc.
Seller – A person or company that sells goods, effects, etc.
Of Risk Capital – Money invested in a new business that is expected to make a lot of benefits but also entails considerable risk.
Judo Verbal – The use of voice and body language to diffuse a potentially aggressive or violent situation without confrontation. Described as tactical communications, Verbal Judo was developed in 1983 by the American professor of literature, expert in martial arts and later serving police, Dr. George ('Doc Rhino) Thompson, initially by U.S. police. Verbal Judo has become a broader training program applicable to conflict management for all sectors along with the popularity of Thompson's books, including Verbal Judo (1993) and the Verbal Judo Institute.
Vertical Disintegration – A situation where a company that previously produced parts and materials are buying from other suppliers.
Vertical equity – A concept of economic equity, for example people who are better off should contribute more taxes than they are worse.
Vertical integration – A situation in which a company buys one or more of the companies involved in the production process of their property.
Vertical integration – the potential within a company to incorporate all aspects of management, production, sales and distribution operations commercial. In theory, the greater the vertical integration, the less vulnerable a company is to external forces.
Vested interests – When a person, company or group has a special interest in something, such as property, business, etc, which is a personal or financial gain.
Veto – Latin for "I forbid." To vote against it. The right to block a law, etc.
Vexatious Trial – A person or party unsustainable demands regularly brought against another party to harass or annoy people.
Viable – Capable of being made or work successfully.
Vicarious liability – having legal responsibility for the actions of another, for example, the liabilty of an organization share of their employees.
Vigorish – a slang term, also abbreviated vig, commission or fee charged by a bookmaker or casinos in a bid. Also the interest of a loan from a moneylender or unregulated lender. The word Yiddish (Jewish) are derived from the Russian word vyigrysh, which means profits.
Viral Marketing – also known as Word Of Mouth. A technique of advertising and marketing that encourages people to transmit information about a product, etc, often by email or from the Internet site to another.
Vocation – An occupation for which a person is well adjusted and / or are engaged.
Professional – on an occupation for which a person has been given special training or have special skills.
Voice recognition – technology that allows computers, phones phones, etc, to be operated by being spoken.
Voiceover – A presenter or actor in a television commercial or a program that is heard but not seen on the screen.
Vacuum – A contract, agreement, documents, etc, which is no longer valid or legal.
Bankruptcy Voluntary – A situation in which a debtor voluntarily files for bankruptcy because they can not pay your creditors.
Voluntary liquidation – A situation in which the owners / directors of a solvent company decide to cease business, sell the assets of the company and pay all creditors.
Motion censorship – a vote that shows that most voters have lost confidence in something, usually a government.
Actions Voting – Voting in the U.S. named file. A share of the company gives the shareholder the right to vote on matters relating to the company policy, etc.
Salary Differential – The difference in wages between the different types of workers, often people with similar jobs but work in different regions of a country, have different skills, working hours, etc.
Wage drift – A situation in which the basic rates of pay are not as high as levels of wages actually paid. This is often due to increased overtime, bonuses, profit shares, etc.
Wage Slave – A person which is totally dependent on wages they earn.
Waiver – A formal declaration that someone gives a right or privilege.
The Way Back Jack – A metaphor for the solution of problems. When something goes wrong, we analyze the situation in chronological order to know when the problem occurred and why, and correct the errors so that does not happen again. Like when a cat shows a ball of yarn and have be rewound braided to find the flaw.
Walking Papers – Also called Route entries. A notice of dismissal a job.
Wall Street – A street in Lower Manhattan, where the New York Stock Exchange and financial center is located.
Warrant – A certificate that entitles you to buy a specific number of shares at a fixed price within a specified period of time. A legal document issued by a court of law that allows police to make an arrest, local search, etc.
Watch List – a list of investments that are controlled, as they are showing signs of unusual activity, often because the companies they own shares may be acquisition targets.
Watchdog – A person or organization that monitors business practices to ensure they are not acting illegally.
WATS – W ide One reason T TELECOMMUNICATIONS S ervice. In the U.S. and Canada, a long distance telephone service offered discounts for companies called that place large volumes of long distance phone calls.
Wayzgoose – A traditional walk August or part of the printer, usually around San Bartholomwe Day, August 24, marking the end of summer, when work began on the candlelight each year. The term persisted in the printing industry in a more general use refers to a company party, although its use is now rare, as the automated large-scale and reduced labor.
Webmaster – A person who is responsible for maintaining a website.
Webzine – An electronic journal that is published on the internet.
Scale – Known as weighing station in the U.S.. A vehicle weighing system consisting of a metal plate placed on road vehicles, cargo trucks usually are driven to be weighed to see if they are overloaded.
Weighting – The compensation paid to workers who live in selected areas such as London, to compensate for higher living costs.
Wet Lease – An arrangement in which an airline leasing aircraft with crew, insurance, etc, to another company, usually for a short period of time.
What if? .. Scenarios / Modeling – "What What if ..? Scenarios and modeling is a form of planning. "What if? .. It is a vague and general term that covers methods of forecasting predictive or creative in which scenarios or hypothetical situations develop, usually by extension or extrapolation of current or historical situation
Goings – Making a profit, sometimes dishonestly, buy buy and sell things, or acting as an intermediary between the parties.
Complaints – A source that allows the public or persons with authority over any wrongdoing or illegal activity within an organization, usually the respondent works.
White collar – Refers to employees who work in offices or business rather than manual workers.
Crime White Collar – An illegal act such as fraud, embezzlement, bribery, etc., committed by an employee in the business or administrative function.
Appliances – Major appliances such as stoves, washing machines, refrigerators, etc.
White Knight – A company, person, etc, which offers favorable conditions in a takeover, usually saving the company acquired a hostile takeover.
White Van Man – a derogatory term for white vans commercial drivers, who have a reputation for reckless driving and intimidate motorists by driving about three inches from your rear bumper.
Wholesale – The sale of goods in large quantities, usually to retailers who then sell for a profit.
Wholesale Banking – A bank providing services to large organizations financial institutions, etc, rather than individual clients.
Wholesale Sales Method – selling to dealers at discounted prices significant that in turn sell to full service or distribution centers to retail auto.
Widget – A small program that is by some computers. A small device, switch, gadget, etc, whose name is not known.
Wind Farm – A large area land, which has strong winds, in which the location of wind turbines are a group to drive generators to produce electricity.
Extraordinary – A sudden unexpected sum of money or a piece of fortune well received by someone.
Win-Win – Describe a situation or an arrangement in which all parties benefit or profit.
With the benefits – Describes an insurance policy that pays the sum assured plus bonuses that may have accumulated during the term of the policy.
Without Prejudice – Written in a document in legal proceedings, negotiations, etc, which means that any information contained in the document does not affect the legal rights of the parties involved in a dispute.
Without recourse – A legal term written in a bill of exchange which means that the buyer accepts the risk of default by a third party, rather than the seller.
Work in Progress – Also called work in progress. Work on a product, contract, etc, that a company has invested in, but not yet complete. A piece of music, art, etc, which is unfinished, but may be available for viewing or listening.
Work Permit – A legal document that gives a person the right employment in foreign countries.
Workaholic – A person who is addicted to work.
Working Capital – Also known as net current assets. The amount of funds available to a company for every day running costs such as salaries, rent, etc.
Working Capital – the cash available to a company to-day operations of the day.
Directive Working Time – Standards established by the European Union that limits the maximum number of hours in a workweek, the minimum amount of annual leave and the minimum amount break time in a workday to which an employee is entitled.
World Economic Forum – WEF. Headquartered in Geneva, Switzerland, one without profit, international organization that brings together political, business and education leaders from around the world to discuss ways to improve the problems of growth, health and economic and social environment, etc.
World Trade Organization – WTO. An international organization created in 1995, with more than 150 member countries based in Geneva, Switzerland. The WTO oversees international trade, helping importers and exporters do business, and provides assistance to developing countries.
Wow Factor – The instant appeal of a product, property, etc, which impresses and surprises people the first time I see him.
Wrap – The end of filming, when all is over, the assembly can be lowered and everyone can go.
Deed – A written order issued by a court order for someone to do or not, something.
Writing Execution – A court order that a sentence ensures compliance.
Write-Off – In accounting, to reduce the carrying value of an asset sometimes to zero, or cancel a debt that has been or is unlikely to be, paid.
Write Protect – In computer science, protect data on a disk or file from being deleted or edited.
X-efficiency – a concept introduced by economist Harvey Liebenstein. The ability of a company to use its workers, machines, technology, etc, to produce maximum power at lower cost and as quickly as possible.
Xenology – The scientific study and / or research of exotic cultures and biology.
Photocopier – A piece of equipment that makes Paper copies of documents, etc.
X-inefficiency – When a company is using its employees, machinery, resources, etc. In fact, often due to lack of competition.
Woodcut – The art of engraving an image into a block of wood, or printing plates wood.
Yarnstorming – yarnbombing also called, a specialized type of peaceful demonstration intriguing and activism in which objects as works of art, sculpture, railings, telephones, considered unattractive by activists, are covered by knitting or crocheting, usually at night, and especially young women.
Yellow Pages – A directory, usually printed on yellow paper which lists the companies, organizations, retailers, etc, in alphabetical order in categories according to their service.
Yellow leaves – Published every day in the U.S. by the National Budget Office, a list that displays information and prices of corporate bonds.
Yeoman – An officer or employee of a royal or noble household.
Yield – The annual income earned on an investment, usually expressed as a percentage of the amount invested.
Youth Court – a court of law, members of the public are not allowed to attend dealing with minors (under age 18) offenders.
Yuppie – is derived from young urban professionals. Term used from the 1980's to describe a young person who has a paying job and a wealthy lifestyle.
The zero-based budgeting – ZBB. A system in which an annual budget of a department in a company starts at zero out of funds previously authorized, and the department must justify their requests budget.
Null – Describe the goods or services where the buyer does not pay value added tax.
Game Zero-Sum – A situation in which what is lost by a person, company, etc., corresponds to a gain on the other the other /. It is used in the economy and game theory to describe the relatively simple "strictly competitive" situation in which all losses and gains balance each other to zero. The potential gains are limited, what is gained by one to be missed on the other, and vice versa.
Z-Score – Developed by Dr. Edward Altman, University of New York in the 1960's, a measure of financial health of a company that predicts the likelihood of the company into bankruptcy.
Gautam Koppal,
Author POME
About the Author
GAUTAM KOPPALA, With over a decade, track record of successful leadership, excellent results through strategic skills in driving revenue and profit growth. Demonstrated ability to identify and trouble shoot critical issues impacting productivity, cost, distribution, marketing, Strategic positioning, sales and financial operations, with innate ability to build and maintain strong client relationships in operations. Expert in distilling and managing processes, enhancing internal structures, and promoting multi-skilled team competencies via nurturing mentorship and inspirational leadership. Engagements have spanned operational, strategic, technological and change management roles. Academically, I am a cum laude graduate with a Bachelor of Technology degree in Electrical and Electronics Engineering (B-Tech E.E.E.) and a post graduate in Masters in Human Resources Management (M.H.R.M.) and Masters of Foreign Trade (M.F.T.). As you will see my Post Graduation’s were been studied part-time, as well as working full-time as an Engineer. I feel that this demonstrates my ability to maintain dedication, motivation and enthusiasm for a project management over a long period of time. In addition, balancing full-time work with study has perfected my time-management and organizational skills. I believe that my college degrees and gamut certifications in combination with my extensive broad-based work experience along with my drive, resourcefulness and determination, would make me an excellent candidate for a senior management position with any company. Highlights of my background include Operations related Commercial, Supply chain, Sales with a magnificent experience in Project management, technically oriented towards Automation and Security Systems in Industrial and Building sectors. Presently, writing a book on Projects and Operations Management (comprise of 12 volumes, 6K pages), and awaited for the reputed publications. These books can be checked in Google books and other search engines too.
ADD Clothing Line Launches at ULTRA
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Presents the Carnival Featuring the Refugee Allstars Track Listings 1. Intro/Court/Clef/Intro (Skit/Interlude) |