AGGREGATE CAPACITY MANAGEMENT
The process of managing and planning the maximum capacity of the resources of an organization. The goal of aggregate capacity management is to balance the capacity and the demand in a cost-effective way. It is usually a medium-term management, unlike other capacity management that are in a day-to-day or weekly basis. The term "aggregate" means that this type of capacity management considers the resource as whole including the production capacity or manpower, without any distinction on the kind of resource.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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