objective:
... the word is defined
by Merriam-Webster Online which includes an explanation that
objective means ... expressing
or dealing with facts or conditions as perceived without distortion ... As
an online information service, The
Network, is objective in dealing with the requests of members
of its
target user group when they request assistance with their
searches. In other words, The Network is as nonpartisan or unbiased as
is possible to be in delivering on its search
promise. It carries out is stated mission in
an objective manner.
occupancy:
... the act of taking possession of property
and holding it; an analysis or reporting of a level of lessee possession
or an amount of the whole that buyers have taken in a real estate
development, industrial park, or the like. An income property should
have a target occupancy level for
determining profitability or when its vacancy rate has stabilized
in its market place so that success can be projected. See the definition
of capitalization rate (cap
rate).
occupancy level:
... as a real
estate term the
measure, often expressed as a percentage, of occupied units;
an occupancy rate measured or projected that conversely produces
a vacancy
rate; the opposite of a vacancy level of a property;
a target level for calculating when revenue from a specific
real estate holding divided into units to be occupied reaches
its point of profitability
occupation:
... a work or business activity defined by the
job that is done; a person's education, training, skills, and experience
as defined in transition from project to project, job to job, or
employer to employer while staying within the limits of the same
type of work.
OCF ... Operating Cash Flowfor
a link to a OCF definition, CLICK
HERE.
office worker
... a person who works in an office.
People who work in offices or usually clerical, professional or
administrative people. The phrase, working out of an office, may
refer to people assigned locations, such as sales representatives,
but spend there time traveling and calling on customers or providing
services. Back
office workers don't generally see visitors; however,
those who deal with customers or the public via telecommunications
may be there. A front
office is generally an area where customers or visitors
are received.
OJT:
... On-the-Job-Training;
working and training at the same time; training conducted in the
workplace while the
employee is actually doing the job and/or getting paid for it;
a metaphor for the practical experience that, for example, the
entrepreneur gains when directly involved in enterprise developmentsee
the business section of the .network library.
onestop:
... a comprehensive range of services available
at one location, as in one-stop business services; a comprehensive
range of products available at one location.
online information service:
... a means of delivering the product of the
Web. An OIS provides free and unencumbered access
to what it has to offeradditional
commentary in the .network resource archive.
We (who we are)
believe The
Network fits this definition
and serves as an example.
open economic development directory project:
... an undertaking to provide an economic
development directory online that allows resource
and service providers engaged in the process to obtain
listings of their contact
data for free and that also allows its users free-access.
One example of an open economic development directory project
is the Global
Registry of Contacts. Another example is the Area
Development section of Economic Development.net website
in which locations
and providers of their information have the opportunity to
list for free. The website is completely open and free
for all users to search for places around
the world that want economic
development and not only find them but have access
to their location
data suppliers.
open shop:
... A workplace where employees are free and
unencumbered in doing their jobs without regard for whether they
belong to a union or not. In an open shop union and non-union employees
are free to work in direct contact with one another under the protection
of right-to-work laws.
operations
... all of the controlled functions of a enterprise,
as in a business operation. A functioning operation has all its
components monitored, supervised, and coordinated.
organization:
... an enterprise, venture, or other undertaking
made up of various parts working together with a plan for achieving
somethingsee development
organization.
organized labor:
... the membership in labor unions taken as a
wholesee union.
out-commuting:
... the occurrence of workers traveling from
their communities of residence to job locations elsewhere. Out-commuters
should be identified as a part of the labor-force in
their communities. Pay, benefits and work environments are examples
of influences on how much time commuters are willing to take travel
or how far they are willing to go outside of the laborforce area
in which they reside.
out-migration:
... people leaving their areas of residence without
intention of returning. Out-migrants are subtracted from the laborforces
of the areas they leave and are added to the laborforces in the
areas where they reestablish themselves.
outsourcing:
... to transfer work from employees to non-employees
or contract employees. Those who perform work on a contractual
basis may or may not receive benefits and may or may not be deemed
to be employees.
overtime:
... time on the job beyond that which is mutually
agreed to as normal. Employers define the amount of time that employees
are expected to be on the job during a normal work period. Employees
expect to be paid, usually a premium, if their normal worktime
is extended. Employers have policies regarding overtime which address
how and when to hire part-time workers or to outsource.
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