- Term used when companies give their executives huge bonuses in addition to their large salaries, even if their performance has been poor, especially leaders of financial institutions. [54] Hoover became deeply interested in the history of science, and he was especially drawn to the De re metallica, an influential 16th century work on mining and metallurgy by Georgius Agricola. word). [131] Hoover won the presidential nomination on the first ballot of the 1928 Republican National Convention. Unregulated A person whose job is to promote and establish a good relationship between their client - an organisation or an individual - and the public. regarding the environment, or to change laws. Popularised in the late 1990s by viral emails which listed amusing office terminology. - At an official level, directives are instructions, guidelines or orders issued by a governing or regulatory body. Showrooming Embezzlement Real Estate Environmental Impact Assessment Prune Juice Primary Research Icon also refers to computerized symbols or other small symbols which are used to convey a meaning, especially in signage and designs of electronic devices intended to be intuitive and self-explanatory in operation. accessibility - Allows companies or individuals the right to purchase a sub-franchise business which can be developed in a particular area or country. Undersubscribed Benefits Realisation In 1981 she married Max Brown and took the name Muriel Humphrey Brown. Trademark owners cannot object to common usage in speech, but can certainly take legal action against competitors or other ways that the names might be exploitated without permission. Triple-dip Recession Sterling - Also known as the Toyota Production System or Just-In-Time Production. -. sales, which must be reached. - Describes part of a loan, investment, etc., which is a portion of the whole amount. Payable To Bearer Brinkmanship Workaholic There are various FTSE indices (indexes), including most notably the FTSE 100, which is the index of the top 100 shares on the London Stock Exchange, whose movement is regarded as an important indicator of national (and wider) economic health and buoyancy. Eyeballs Sole Trader [189] In late 1931, Hoover proposed a tax plan to increase tax revenue by 30 percent, resulting in the passage of the Revenue Act of 1932. A series of screening interviews for a job during which a person, usually a student, is interviewed several times, often on the same same day, by the prospective employer. Current Ratio Mass Market - In printing, the use of four ink colours - yellow, magenta, cyan and black - which are combined together to produce the whole spectrum of colours. Aggregate Planning In 1956, Laws on Statutory health insurance (SHI) for pensioners come into effect. [125], Hoover quietly built up support for a future presidential bid throughout the 1920s, but he carefully avoided alienating Coolidge, who was eligible to run for another term in the 1928 presidential election. Corporate Governance To eliminate waste, he encouraged standardization of products like automobile tires and baby bottle nipples. - An retailer who uses the internet to sell goods and/or services to the public. The American auto industry consumed 70% of the world's output, but British investors controlled much of the supply. The use of Inside Information for the buying and selling of shares is usually illegal. Uptick It was defined in more detail by psychiatrist Frank Ochberg to aid the management of hostage situations. Despite the heavy reliance on their assessments and pronouncements, the Big Three agencies failed to identify the toxic nature of the mortgage and related derivative debt 'products' prior to and regarded central to the 2008 global financial collapse, and in some cases awarded very positive ratings for these debts which subequently proved largely valueless and irrecoverable. The collection was renamed the Hoover War Library in 1922 and is now known as the Hoover Institution Library and Archives. - A government minister who has not been appointed to any specific department, and who has no specific departmental responsibilities. - A US term for the feeling of surprise or shock experienced by some customers when they see that the price of an item they were thinking of purchasing is much higher than they expected. - An insurance policy on which no more premiums are required, and the policy is considered paid in full and still remains in force. - The total amount of funds lent by a bank or building society over a certain period, minus any repayments made by borrowers. [283], Although Hoover is generally regarded as having had a failed presidency, he has also received praise for his actions as a humanitarian and public official. Courier Sales And Marketing - Assets, such as property, equipment, furniture, vehicles, etc., which are owned by a company and which are needed to operate the business. A diagram which shows the structure of a business or organisation, showing connections between departments, jobs, etc. The vastly diversified Virgin business and brand is a good example of diversification, from from its music mail-order origins in the 1970s, into recording, aviation, rail, holidays/hotels, health clubs, internet/broadband, communications/telephony, TV, radio, books/publishing, events/festivals, banking, insurance, charity, cola, bridal services, condoms, etc. [202][204] According to legal professor Kevin R. Johnson, the repatriation campaigns were a form of ethnic cleansingagainst an ethnic minority. As a senator he was a major leader of modern liberalism White Knight - The amount a producer, retailer, etc., puts on the price of the goods or services they are selling in order to make a profit. - Rules set by the European Union which limits the maximum number of hours in a working week, the minimum amount of annual leave and the minimum amount of rest period in a working day to which an employee is entitled. Bounce Conservator A method of problem solving involving members of a group meeting and sharing ideas. - An invoice prepared by a supplier describing goods, price, quantity, etc., which is sent to the buyer before the goods are supplied. Added Value peer-to-peer - To identify and solve problems which arise in the workplace. So as the 1964 presidential campaign began, Humphrey made clear his interest in becoming Lyndon Johnson's running mate. Yeoman - An individual or company who buys products, usually from manufacturers, and resells them to retail outlets or direct to customers. [239], On April 22, 1974, Humphrey said that he would not enter the upcoming Democratic presidential primary for the 1976 Presidential election. Strategic Management Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. [116] First came the image of the dispassionate scientist, emotionally uninvolved but always committed to finding and implementing the best possible solution. Intangible Asset Hall Test It was another ploy to derail a bill that would hurt labor unions. It is easy to foresee a time when generally the product picking and packaging for delivery/collection is automated. E Management Buy-Out at university, and periods of work experience in business or industry. WebGary David Cohn (born August 27, 1960) is an American business leader who served as the 11th Director of the National Economic Council and chief economic advisor to President Donald Trump from 2017 to 2018. Wage Drift See also Magic Bullet, which basically means the same. - A high interest, usually unsecured, loan in which the lender often has the right to obtain shares in the business which has acquired the loan. Lender Of Last Resort Poaching/Poacher - A business or factory which does not require employees to be members of a trade union. Square Mile Lemon Precise interpretation may depend on the actual legal definitions of these terms in the territory/state/country concerned. - Term introduced by Kurt Goldstein in 1934, describing the need to realise one's full potential, being a basic life force, and later re-interpreted and popularised by Abraham Maslow as the highest order of needs in his - A statement written by an independent auditor which accompanies a business's financial statements, saying that the audit has been limited, e.g., because the auditor may not have been able to collect all the information required to carry out a full audit. [30], During World War II, Humphrey tried three times to join the armed forces but failed. - Refers to employees who work in offices or business rather than manual workers. Sexting Paid, 16 week, Fixed Term Contract. Here are the most common recession shapes: Reciprocal Coercion Metric Prefixes: Definitions, Values and Symbols, C4: Planning Workload, Time Management and Prioritisation, C18: Customer, Partner and Stakeholder Management, C19: Collaboration and Sharing Best Practice, C20: Conflict, Negotiation and Influencing, CMI Level 3 in Principles of Management and Leadership, CMI Level 6 in Management and Leadership Practice, CMI Level 7 in Strategic Management and Leadership Practice, CMI Level 8 in Strategic Direction and Leadership Practice, CMI/ILM Level 3 Team Leader or Supervisor, CMI/ILM Level 5 Operations or Departmental Manager, Glossary of Terminology and Definitions for Business and Management, Latin terminology, origins, meanings, translations, usage, List of Latin terms, phrases, and expressions. Homeostasis refers scientifically to the act of 'self-balancing' or 'internally self-compensating' in ecological/biological systems. - A derogatory term for an employee who refuses to join a trade union, or who continues to work during a strike at their workplace. The quality of the image depends on the number of pixels per square inch, i.e., the more pixels the higher the resolution. - Aside from its usual general meaning of carefulness in judgment and decision-making, prudence particularly refers to caution in commercial/financial/economic risk-taking, and to the typically great caution exercised by financial folk (accountants and bankers notably) in planning, budgeting, forecasting, granting loans, extending credit, defining standards and policies, and accounting practice as a whole, etc. Selling Cost Politicians being paid to give advice to corporations also unavoidably involves a conflict of interest, even where there appears to be no direct connection between the politician's political responsibilities and the nature of the advice and corporate 'client'. Shop Floor Product Liability Grey Knight - including marketing glossary, sales and selling methods ualification. - On a computer, coded information that an Internet website you have visited sends to your computer which contains personal information, such as identification code, pages visited, etc., so that the website can remember you at a later time. Vertical Integration Utopia/Utopian - CPI. 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