Related Words

Executive Committee: Committee whose purpose is to provide rapid access to decision making and confidential discussions for an MCO board of directors.

Finance Committee: Committee of the board of directors whose duty it is to review financial results, approve budgets, set and approve spending authorities, review the annual audit, and review and approve outsi . . . View Full Definition

Investment Strategy Committee: A committee within a brokerage firm that conducts research and makes recommendations on the firm's stated investment strategy.

Jury Of Executive Opinion: A method of forecasting using a composite forecast prepared by a number of individual experts. The experts form their own opinions initially from the data given, and revise their opinions ac . . . View Full Definition

Local-State Governmental Advisory Committee (LSGAC): An FCC-established group that is working on an antenna-siting solution. The LSGAC will advise carriers and communities on antenna siting.

Joint-Labor Management Committee: A panel comprised of management and union representatives whose purpose is to address problems, resolve conflicts and build on relationships.

Federal Open Market Committee (FOMC): The Open Market Committee (FOMC) of the Federal Reserve Board meets eight times a year to evaluate the threat of inflation or recession. Based on its findings, the 12-member FOMC determines . . . View Full Definition

Executive Producer: A high-level manager (one step below a Vice President) responsible for managing producers.

Executive Retreat: A team building and development approach designed for executive-level managers; conducted off-site and typically lasts from a few days to a week.

Executive Search Firm: An agency or organization used by employers to assist them with the selection and placement of candidates for senior-level managerial or professional positions.