Essential Finance & Investment Terms: A Concise Glossary
Essential Finance and Investment Terms
Cash Flows: Incoming and outgoing money; the movement of money in and out of an organization.
Treasury Bills (T-bills): Bonds issued by governments (typically with maturities up to one year).
Maturity: The length of time before a bond becomes repayable.
Nominal Value: The value written on a bond or share, which typically never changes for shares.
Commercial Paper: A short-term loan issued by major companies, sold at a discount. It is unsecured, meaning it is not
Read MoreAdvantages of Community Work: Cultural and Relational
Benefits of Community Work
Benefits to the Cultural Dimension
- Organizational experiences are a social space and an instrument for building definitions, interpretations, visions, and common readings of issues, needs, and community action projects. Intervention appears as a cultural meeting place, a place for social interaction with others that becomes a watershed event in the process of changing one’s perspective. It also allows for diversification of intellectual standards, a broadening of perceptions,
Manufacturing Process Decisions: Types, Cycle Time, and Layout
Chapter 3: Manufacturing and Service Processes
Multiple Choice Questions
Manufacturing Process Decisions
22) A manufacturing process decision affects:
- A) The type of workforce needed.
- B) The type of equipment needed.
- C) The type of products that can be made.
- D) All of the above are correct.
23) Highly automated batch processes that can reduce the cost of making similar groups of products are:
- B) Flexible manufacturing systems.
24) The time between completions of successive units on a production line is called:
Read MoreBusiness Structures, Types, and Key Concepts
Joint Undertaking
A joint undertaking involves human and material resources to produce goods or services, aiming to achieve economic benefits. These objectives can be categorized as:
- Technicians: Meeting societal demands.
- Human: Self-help for individuals.
- Social: Generating employment and paying taxes.
Environmental Factors Affecting Business
Several environmental factors affect business functions, over which there is no direct control:
- Technology: Character and computer technology.
- Legal: Labor, fiscal,
Sectoral Systems of Innovation: A Socio-Technical Approach
Summary 14: From Sectoral Systems of Innovation to Socio-Technical Systems: Insights About Dynamics and Change from Sociology and Institutional Theory
In the last decade, *sectoral systems of innovation* have emerged as a new approach in innovation studies. This article makes four contributions to the approach by addressing some open issues. The first contribution is to explicitly incorporate the user side in the analysis. Hence, the unit of analysis is widened from sectoral systems of innovation
Read MoreMarketing Strategies and Concepts: A Comprehensive Lexicon
Marketing Strategy
Concentration of fixing all advertising efforts on a defined segment of the population. It is typically used for very specific products to a single consumer sector.
Concentric Diversification Strategy
When a company has decided to diversify its business, it seeks to acquire companies with technological similarities and a similar product line.
Concept of Marketing
A theory that proposes to put the interests and needs of consumers before the company itself. The satisfaction of such interests
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