• Month: December 2014

  • Term of the Day public relations

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    Term of the Day public relations The profession or practice of creating and maintaining goodwill of anorganization’s various publics (customers, employees, investors, suppliers, etc.), usually through publicity and other non paid forms of communication. These efforts may also include support of arts, charitable causes, education, sporting events, and other civic engagements. Learn more about this term …

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  • Term of the Day negligence

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    Breach of duty of care which results in loss or injury to the person or entity theduty is owed. Negligence usually includes doing something that an ordinary,reasonable, and prudent person would not do, or not doing something such a person would do considering the circumstances, situation, and the knowledgeof parties involved. In civil liability (see tort), …

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  • Term of the Day consensus

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    Term of the Day consensus Middle ground in decision making, between total assent and total disagreement. Consensus depends on participants having shared values andgoals, and on having broad agreement on specific issues and overall direction. Consensus implies that everyone accepts and supports thedecision, and understands the …

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  • Term of the Day Santa Claus rally

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    Term of the Day Santa Claus rally The rise in stock prices that sometimes occurs in the week after Christmas, often in anticipation of the January effect. Learn more about this term Usage Example End-of-the-year market optimism was high and many investors …

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  • Term of the Day negotiable

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    Term of the Day negotiable The ability to be sold or transferred to another party as a form of payment. Something which is negotiable is transferable by endorsement anddelivery. A negotiable instrument could be a check made out to you, because you could endorse it for payment to you or transfer it …

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  • Term of the Day industry

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    Term of the Day industry 1. The manufacturing or technically productive enterprises in a particular field,country, region, or economy viewed collectively, or one of these individually. A single industry is often named after its principal product; for example, the auto industry. For statistical …

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  • Term of the Day limited liability

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    Type of investment in which a partner or investor cannot lose more than theamount invested. Thus, the investor or partner is not personally responsible for the debts and obligations of the company in the event that these are not fulfilled. Learn more about this term Usage Example Many entrepreneurs create limited liability companies so they are …

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  • Term of the Day strategy

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    1. A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem.2. The art and science of planning and marshalling resources for their most efficient and effective use. The term is derived from the Greek word for generalship or leading an …

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