Notary Public Notary Public A notary public is a public official appointed by a state government to help deter fraud. A notary is a person authorized to…
Negotiable Instrument (Document) Negotiable Instrument (Document) A negotiable instrument is a signed document that promises a sum of payment to a specified person or the assignee. It is…
Multinational Company Multinational Company A multinational company (MNC) is a business that operates in many different countries at the same time. It is an enterprise that has…
Minute Book Minute Book is a book in which written minutes or other records are entered. A book in which the resolutions of different meetings of the company…
Declaration Date The date of declaration or ‘declaration date’ is that the date on which a company announces an upcoming dividend payment, usually by issuing a press…
Invoice Processing Invoice processing is the entire process your company’s accounts payable team uses to handle supplier invoices. The invoice must either be scanned or manually entered…
Assemble-to-Order (ATO) Assemble-to-Order (ATO) could be a production model where the ultimate goods are produced once the manufacturer receives the order from the purchasers. The components are…
About Operations Management Operations management involves planning, organizing, and supervising processes, and makes necessary improvements for higher profitability. The adjustments in the everyday operations have to support the…
Difference Between Production And Operations Management Production management and operations management talk about applying business organization and management concepts in the creation of products and services. Production management refers to the…
Difference Between Orientation And Onboarding Orientation and onboarding are vital components to integrating a replacement employee into a corporation or organization. The corporate holds an orientation program so as to…
Difference Between Management And Administration Management and administration are both important functions that support the success of any business, company, or organization. Management is an art and science. It’s the…
Management Information System (MIS) Management Information System (MIS) A management information system (MIS) is a computer system consisting of hardware and software that serves as the backbone of an…