A 4-week period of one person’s productive effort represented as a unit of work. Also known as labor month.

Engines to catch trespassers, now unlawful unless set in a dwelling- house for defense between sunset and sunrise. 24 & 25 Vict c. 100,

A 12-month period of one person’s productive effort represented as a unit of work. Also known as labor year.

Chains for the hands; shackles.

and proceeding from ignorance, carelessness , want of proper professional skill, disregard of established rules or principles, neglect, or a malicious or criminal intent . See Itodgers v. Kline, 56 […]

Investment manager administered and supervised investment account, containing one or more investor’s invested the funds. In proportion to their contribution to the account, these investors share in the gains and […]

Through a subcontracted local bank serving the needs of a corporation or a group, established in a tax haven or offshore haven is this type of brassplate bank . Refer […]

Often, through prepaid medical plans, to reduce cost by eliminating inefficiencies and aimed at increasing the quality of this type of care by organized healthcare delivery.

Prepaid medical plans to reduce cost by eliminating inefficiencies and aimed at increasing the quality of managed care by organized healthcare delivery through a US medical firm, such as an […]

exchange rate maintained at a certain level by the government’s intervention through the country’s central bank and not determined by the freemarket forces of demand and supply is indicative of […]

An illegal practice in which a company will project a higher profit margin to attract investors.

To reduce risk of loss in a downturn several types of securities are invested by this broad-based mutual fund . To serve the needs of smaller investors and managed by […]

A plan that finances itself and provides medical care services through multiple providers who split the plan’s financial risks.

effective countermeasures carefully planned and implemented minimizing to an acceptable level these identified loss potentials, and potential exposures to danger.

External third- party management of an organization ‘s computers, networks, or software as services and equipment. Entities that provide a managed service are Web hosting providers and internet service providers.

Government’s market intervention policies restricts this type of local and/or international trading.

To make day-to-day and short-term decisions managers require accurate and timely financial and statistical information in the process of preparing management reports and accounts.

Specifically for a firm’s management specific summarized accounting data from the balance sheet , cash flow, and income statement) prepared and presented each month, or fortnight, or week. To make […]

A systematic organizational management assessment. Evaluates sufficiency of methods and policies. Resource administration and use, tactical and strategic planning , and employee and organizational improvement are this action’s focus.

A second board of directors with 5 to 15 senior members and a chairman. Aka executive board.

Outside investors’ purchase of a firm, retaining existing management, but make the board of directors their representative . Believing the firm’s products will generate greater future yields with strategic changes […]

Existing management’s purchase of a firm or one of its divisions generally occur when the parent firm wants to divest a subsidiary or the firm or its division is threatened […]

When a company is purchased by assuming the debt in it.

Achieving company missions and goals with this process management style using a creative function to design needed organizational structure and processes. Directors formulate company vision and determine process and content […]

Practice that brings a significant deviation to management’s notice only if the information indicates actual results far off from the budgeted or planned results. Escalation is essential as an unsolvable […]