notional
(adjective)
Speculative, theoretical, not the result of research.
Examples of notional in the following topics:
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Financial Leverage
- In terms of investments, there exists accounting leverage, notional leverage, and economic leverage.
- Notional leverage is total notional amount of assets plus total notional amount of liabilities divided by equity.
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Benefits of Globalization
- This allows for a rising sense of global civics, the notion that we have certain rights and responsibilities towards each other by the mere fact of being human on Earth.
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Getting over the hurdle
- The notion of cooperative networking often becomes more palatable once it's understood that cooperating is not about giving away trade secrets or merging with another business.
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Early Efforts in Social Responsibility
- The notion of social responsibility is far from new.
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Competitive Advantage
- This theory rests on the notion that cheap labor is ubiquitous, and natural resources are not necessary for a good economy.
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Elton Mayo
- Nonetheless, although Taylorism attempted to justify scientific management as a holistic philosophy rather than a set of principles, the human relations movement worked parallel to the notion of scientific management aiming to address the social welfare needs of workers and therefore elicit their co-operation as a workforce.
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Cooperating businesses
- The notion of working together to achieve a common goal has been around for thousands of years and is similar to what we call today cooperatives, co-ops or collectives.
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Introduction to Putting a Team Together
- Emphasize the notion of ongoing, no finish-line improvement, build on previous successes, and measure and track all progress no matter how small.
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Demand-pull production system and quick setups to reduce lot sizes
- Traditional production management philosophy promoted the notion that long production runs of the same item were the key to driving down unit costs.
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The paradox of pay
- I think the Medieval notion of honoraria for professionals may make a lot of sense in this time of triumphant capitalism.