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Working capital (WC) is a financial metric which represents operating liquidity available to a business, organisation, or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital is equal to current assets.
Adhocracy is a flexible, adaptable, and informal form of organization defined by a lack of formal structure and employs specialized multidisciplinary teams grouped by function. It operates in a fashion opposite to bureaucracy. [1] Warren Bennis coined the term in his 1968 book The Temporary Society. [2]
ISO 44001 is now aligned to the high level structure that covers some ISO management system standards, and incorporates the eight stage life cycle model that was the basis for BS 11000 to help business partners maximize the value of collaborative working: Operational awareness; Knowledge; Internal assessment; Partner selection; Working together
Holacracy distinguishes between roles and the people who fill them, as one individual can hold multiple roles at any given time. A role is not a job description; its definition follows a clear format including a name, a purpose, optional "domains" to control, and accountabilities, which are ongoing activities to perform.
Variable capital, by contrast, refers to the capital outlay on labour costs insofar as they represent workers' earnings, the sum total of wages. The concept of constant vs. variable capital contrasts with that of fixed vs. circulating capital (used not only by Marx but by David Ricardo and other classical economists). The latter distinction ...
Make a bad investment, and you'll lose. That's a backbone of capitalism. It's how venture capital works. But on Wall Street, as we've seen, things can work differently. Student loan debt can be ...
The disadvantages of collaborative governance in relation to complex problems are that the process is time consuming, it may not reach agreement on solutions, and the relevant government agencies may not implement the agreed solutions. In a complex structure with many entities working together, individual roles can become unclear and confusing.
A collaborative network is a network consisting of a variety of entities (e.g. organizations and people) that are largely autonomous, geographically distributed, and heterogeneous in terms of their operating environment, culture, social capital and goals, but that collaborate to better achieve common or compatible goals, and whose interactions are supported by computer networks.