Business Glossary

1. bill of lading

"A document issued by a carrier to a sipper, listing and acknowledging receipt of goods for transport and specifyng terms of delivery."

2. exponent

"A quantity representing the power to which a given number of expression is to be raised, usually expressed as a raised symbol beside the number or expression."

3. fund

"A sum of money save or made available for a particular purpose."

4. headhunter

 "A person who identifies and approaches suitable candidates employed elsewhere to fill business positions."

5. meeting agenda

 "A written statement of the matters which will be considered at a particular meeting."

6. office automation

 "Office automation refers to the varied computer machinery software used to digitally create, collect, store, manipulate, and relay office information needed for accomplishing basic tasks."

7. project management 

"The body of knowledge concerned with principles, techniques, and tools used in planning, control, monitoring, and review of projects."

8. retailer

 "A business or person that sells goods to the consumer, as opposed a wholesaler or supplier, who normally sell their goods to another business."

9. sales figures 

" The value of amount of the total sales of an industry's or compagny's products for a particular period."

10. survey 

"To ask (many people) a question or a series of questions in order to gather information about what most people do or think about something."

11. payday lenders

"Provide short term loans or cash advances to borrowers at high interest rates and fees."

12. real estate broker

 "An agent who has met education requirements to qualify for their own real estate business and hire other independent agents from whom they will earn a commission of what the agent generates in sales volume."

13. value dating

 "Situation when value or credit is given for funds transferred between banks."

14. drawee bank

 "Bank named in a letter of credit on whom drafts are to be drawn for payment."

15. national tax policy

 "A policy that dictates where the tax burdens shall lie. Politicians dictate the type of tax structure they wish to implement, hopefully keeping in mind how their policies and laws will affect the individual and businesses."

16. lend-lease

 " Exchange or transfer of goods and services between frindly parties for a common cause or in mutual benefit."

17. brokerage

 "The payment to a broker for a deal carried out."

18. banking operations

"The legal transactions executed by a bank in its daily business, such as providing loans, mortages and investments, depending on the focus and size of the bank."

19. asset

 " Something valuable that an entity owns, benefits from, or has use of, in generating income."

20. refund

 " Compensation paid to a customer for over-invoicing or for returned goods."

References

1 to 10: FieldRelated.com

11 to 20: http://www.businessdictionary.com/

A Day in the Life of a Hospital Administrator

I study in business management and this program teaches me the basis for many business courses, such as management, economics, marketing, mathematics, psychology and many more. I choosed the article on hopistal administrator because I'm planning to do a bachelor in health services adminsitration. Also, my parents always wanted me to become a doctor and working as a hospital administrator will make them be proud of me because they will understand that although I do not have a degree in medicine, I will work with doctors so that we can cure many patients as possible. In the paragraphs bellow, you're going to understand the daily work of a hospital administrator, academic prerequisites for accessing the labor market, employment prospects and quality of life after a few years of work experiences.

The task of a Hospital Administrator

We have all noticed that in general doctors live a life undoubtedly impressive and agitative and that they save lives almost every day. The hospital administrator is also very important in hospital, despite the fact that he is never in direct contact with patients. Indeed, he has the task of verifying the good execution of each hospital department. There may be several hospital administrator for each department to ensure that operations run smoothly. They are  responsible for organizing and to ensure the well-being of the operation in health services and they have the obligation to give decent health care to patients. The admnistrator in collaboration with the human resources team have to hire and train the interns to help them integrate work more easily. Their working hours is far from the typical 9 to 5. They have an irregular schedule and they can be called in the middle of the night to make important decisions or to resolve conflicts between employees.  Administrator tasks do not stop here, they need to rate all the staffs, establish regulations for emergencies and maintaining public relations with the media. Administrators also attend employee meetings, go to charity events and attend to various non-profit events.

Education to become a Hospital Administrator and employment prospects

This job requires a master's degree in health services administration. A student doing a bachelor's degree in business administration can also hope to be a hospital administrator. The master in health services administration includes a one-year internship in a private clinic or in a hospital. Health services administrators begin their careers as administrative assistants. Over the years, their bosses give their more responsibility until they become partners. Then one day, they can expect to be a CEO and even move to another state to occupy this prestigious job. Many jobs are excepted in the years to come due to the population growing at a high speed. These opportyunity of career  will be mainly available in larger hospitals, but also in older home centers where health administrator will treat olds ill patients.

References:

• A day in the life of a Hospital Administrator
• VirtualWritingTutor.com
• Diffchecker.com