Investiture Culture It is the culture in which a person adorns or Essay

1. Investiture Culture- It is the culture in which a person adorns or swears for a position of authority or power.2. Divestiture Culture-It is the reduction of an asset or business through sale, liquidation, exchange, closure, or any other means for financial or ethical reasons. It is a way for a company to manage its portfolio of assets.3. Self-Actualization- The realization or fulfilment of one’s talents and potentialities, especially considered as a drive or need present in everyone.4. Social Loafing- It is the phenomenon of a person exerting less effort to achieve a goal when he or she works in a group than when working alone.

5. Transformational Leadership- It is a theory of leadership where a leader works with teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.6. Law of Demand- It states that quantity purchased varies inversely with price. The higher the price, the lower the quantity demanded.

7. Stagflation- It is the persistent high inflation combined with high unemployment and stagnant demand in a country’s economy.8. Keynesian Theory of Employment- The effective demand signifies the money spent on the consumption of goods and services and on investment.9. Transactional Leadership- It is the style of leadership in which leaders promote compliance by followers through both rewards and punishments.10. Business Cycle- a cycle or series of cycles of economic expansion and contraction.11. Broad Money- It is the money in any form including bank or other deposits as well as notes and coins.12. Job Analysis- It is the family of procedures to identify the content of a job in terms of activities involved and attributes or job requirements needed to perform the activities.13. Job Description- It is the formal account of an employee’s responsibilities towards an organization.14. Job Specification- A statement of employee characteristics and qualifications required for satisfactory performance of defined duties and tasks comprising a specific job or function.15. Validity- It is the extent to which a concept, conclusion, or measurement is well founded and likely corresponds accurately to the real world.16. Reliability- The quality of being trustworthy or of performing consistently well.17. Structured Interview- It is a quantitative research method commonly employed in survey research. The aim of this approach is to ensure that each interview is presented with exactly the same questions with the same order.18. Balanced scorecard- It is a strategy performance maintenance tool – a semi-standard structured report, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequence arising from these actions.19. Total Quality Management- A system of management based on the principle that every member of the staff must be committed to maintaining high standards of work in every aspect of a company’s operations.20. Halo effect- It is the tendency for an impression created in one area to influence opinion in another area.21. Maslow’s Hierarchy of needs- It is a motivational theory in psychology comprising a five tier model of human needs, often depicted as hierarchical levels within a pyramid.22. Termination at will- It refers to clause usually entered in employment agreements by which an employee or employer can terminate the employment relationship at any time for any or no reason at all.23. Full-Time employment- It is the employment in which a person works a minimum number of hours defined as such by their employer.24. Piece Work- It is any type of employment in which a worker is paid a fixed piece rate for each unit produced or action performed regardless of time.25. Depreciation and Amortization- Depreciation is a reduction in the value of an asset over time, due in particular to wear and tear. Amortization is the process of allocating the cost of an intangible asset over a period of time.26. Direct and Indirect taxes- Direct taxes are the taxes that are levied on the income of individuals or organizations. Indirect taxes are those paid by consumers when they buy goods and services.27. Accounting Principles- The rules and guidelines that companies must follow when reporting financial data.28. Accrual Principle of accounting- The accounting method under which revenues are recognized on the income statement when they are earned.29. Goodwill- It’s the feeling of being friendly, helpful or cooperative towards someone.30. Current and Fixed Asset- They are located on a company’s balance sheet, which consists of the assets of the company whether they are financed by equity or debt. Current assets are short-term assets and fixed assets are long term assets.31. Inventory valuation- It is the cost associated with an entity’s inventory at the end of a reporting period.32. Asset Liquidity- A liquid cash on hand or an asset that can be readily be converted to cash.33. Double book keeping- It means that for every business transaction, amounts must be recorded in a minimum of two accounts.34. Write off and written down value- Write off is a reduction of the recognized value of something. Written-down is the value of an asset after accounting for depreciation or amortization.35. IPO- Initial public offering is a type of public offering in which shares of company are sold to institutional investors and usually also retail investors.36. G-Secs- Government securities come with a promise of the full repayment of invested principal at maturity of the security. These are those items issued by the U.S Treasury in the form of Treasury bond, bills and notes.37. Primary and Secondary Stock Market- In primary stock market investors buy directly from the issuing company. In secondary stock market investors trade securities among themselves. 38. Debt equity Ratio- It is a financial ratio indicating the relative proportion of shareholders equity and debt used to finance a company’s assets.39. Share Buy Back- It is the re-acquisition by a company of its own stock.40. Capital and Revenue Expenditure- Capital Expenditures are for fixed assets, which ae expected to be productive assets for a long period of time. Revenue expenditures are for costs that are related to specific revenue transactions or operating periods.41. Operating and Non-Operating Income- Operating income refers to any financial activity resulting from a company’s core business as well as other activities that are a logical extension of the core business. Non-operating business includes revenue and costs that are outside the normal course of a company’s core business.42. Equity and Dividend- Equity refers to the level ownership of an asset. It is the val