Business & money
What is operational policy?

What is operational policy? Operational Policy means a document outlining the set of principles and ideals on which decision-making and implementation are based and clarifies intent with regards to a particular business area in relation to the National Water Act or other empowering legislative ...

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What is optimal combination?

What is optimal combination? The optimum combination is also called the least cost combination. It is the number of factors that is used by companies to produce a specific product at the least possible price. It is the efficiency of the company in other words. How do you find the optimal ...

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What is order entry?

What is order entry? Order entry is the actions needed to record a customer's order into a company's order handling system. Once this information has been entered, it is typically reclassified internally as a sales order. What is order entry experience? Order entry/processors are a customer ...

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What is order to delivery process?

What is order to delivery process? The order-to-delivery process (ODP) is the principal means by which buyers or customers communicate with sellers, the final sale transaction is made, and cash is generated for the seller. It is a customer-facing process and is key to operational efficiency and ...

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What is ordinary interest and exact interest?

What is ordinary interest and exact interest? Ordinary interest is calculated on the basis of a 360-day year or a 30-day month; exact interest is calculated on a 365-day year. The interest formulas for both ordinary and exact interest are actually the same, with time slightly differing when given ...

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What is organizational verticalization?

What is organizational verticalization? Verticalization is a decision to focus on companies or organizations with commonalities in these key business areas. Top, Middle and Lower level of the organization. The Managers at top or nearer to the top have broader responsibilities and authority than ...

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What is octave framework?

What is octave framework? The Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE) is a framework for identifying and managing information security risks. By putting together the information assets, threats, and vulnerabilities, the organization can begin to understand what ...

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What is OSHA engineering controls?

What is OSHA engineering controls? Engineering controls protect workers by removing hazardous conditions or by placing a barrier between the worker and the hazard. Examples include local exhaust ventilation to capture and remove airborne emissions or machine guards to shield the worker. What ...

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What is Ohio State studies?

What is Ohio State studies? The Ohio State Leadership Studies is a behavioral leadership theory that shows that leadership performance depends on two categories of behaviors: Initiating Structure and Consideration. Who conducted Ohio State studies? Leader Behavior Description Questionnaire ...

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What is Osmosis Jones job?

What is Osmosis Jones job? A policeman white blood cell, with the help of a cold pill, must stop a deadly virus from destroying the human they live in, Frank. An unlikely hero of a policeman white blood cell, by the name of Osmosis Jones, works as a member of Immunity cell. What is Osmosis ...

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What is money as a measure of value?

What is money as a measure of value? Because money is expressed in units of a currency, money acts as a measure of value that enables people to compare the value of different goods and services. For example, assume admission to a movie is $10, and a latte at Starbucks is $5. The theater would say ...

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What is MPN number in SAP?

What is MPN number in SAP? The manufacturer's part number (MPN) and description, as well as the specific manufacturing plant (if applicable), are included in the data sent to the vendor with the purchase order. Your vendor gets the steel bolts he supplies to you from the manufacturers Zenith Co. ...

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