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702(J) Retirement Plan A 702(J) Retirement Plan, also known as a 702 or 7022 Account, is basically life insurance named after Section 7702 of the U.S. Internal Revenue Service (IRS) Tax Code.
Semi-retired Semi-retired refers to someone who has retired or left a job but appears to be working part-time or in a remote capacity. It is a typical retirement pastime in which...
Irrevocable Trust Irrevocable Trust basically means an unchangeable or irreversible or unmodified trust by the grantor who has already signed to set up the trust in the first place.
Quality circles A method of grouping employees in small units that work together to improve quality and process to further the company’s goals; usually
Materials requirements planning (MRP) Materials requirements planning (MRP) is a computerized forecasting system used to plan the ordering of parts and materials for
Large-Scale Integrated (LSI) Circuit Large-Scale Integrated (LSI) Circuit is a superchip that contains thousands of small transistors: fourth-generation innovation that
Integrated circuit Integrated circuit is a small silicon chip containing dozens of tiny transistors and connections; used in third-generation computers.
Laissez-Faire Leadership Laissez-Faire Leadership is a type of supervision in which the manger avoids power and responsibility by giving assignments and support but
Dirty Surplus Accounting Dirty Surplus Accounting is the process of reporting income items as part of equity rather than in an income statement is known as dirty surplus ...
Affirmative action program Affirmative action program begun and carried out by a business to increase the number of women minorities, and handicapped
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