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Business Vocabulary
Business management
Dr. John Sullivan, Head and Professor of Human Resource Management at San Francisco State University stresses the necessity of establishing a set of assessment tools that will let you know in advance where ..... count and overhead costs are excessive.
a
body
b
hand
c
head
d
nose
Everything needs to get approved beforehand and ..... afterwards.
control-checked
counter-checked
double-checked
second-checked
The most suitable methodology was identified as a ..... version of Kaplan and Norton's balanced scorecard, based on the philosophy of the intangible asset monitor and including aspects of the value chain scoreboard.
alloyed
amalgam
halfbreed
hybrid
In order to handle the complexity of the functions performed and through the pressures of growth and ..... of scale, companies have become completely organized around specific functions like Finance, R&D, Supply chain, Manufacturing, etc.
economics
economies
measures
mensurations
Banks are under increasing pressure to demonstrate how core competences can be better applied to improving the efficiency of the FSC: this can be defined as the 'purchase-to-pay' process from the buyer ......
inspection
perspective
respectively
suspected
The real-time gross settlement system known as the Pakistan Real-time Interbank Settlement Mechanism is at an advanced stage of installation, and its implementation will make the payments systems much more efficient and ....., offering transactional features that are hard to achieve under the current settlement systems.
reactant
refulgent
reluctant
resilient
Most common naive ratios are 'inventory-to-sales' and its reciprocal, 'turns', which can provide a comforting but false sense of accomplishment as their numbers 'improve'; the inherent ..... of both is the assumption that less inventory is always better than more.
canard
conundrum
palindrome
paradox
With regard to volatility in foreign currencies, corporate finance people are faced today with having to manage risk on a constantly changing playing field which is ..... with challenges.
flung
fraught
wrought
wrung
Although there are different ways to manage employees, all managers seek to ..... the goals that are set out by the company in advance.
allure
assume
arrive
achieve
..... management control emphasizes employee empowerment by encouraging staff members to partake in the decision-making process.
Socialist
Collective
Democratic
Marxist
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