Examlex
A manager applied leadership theory to the way that he directed the organization,and found some improvement in organizational performance.The manager noticed how some individuals seemed to flourish and perform better than others,and began to evaluate his own relationships with the individuals,rather than just the way he led the organization "in general." The manager's new concern would be an example of applied:
Amend Benefits
The act of making changes to the terms or conditions of employee benefits plans.
Amortization
The method of systematically amortizing the initial value of a non-physical asset over its estimated useful lifespan.
Pension Expense
The cost recognized by an employer for maintaining a defined benefit retirement plan for its employees.
Service Cost
The portion of the pension expense that is attributed to the current year's service, representing the present value of benefits earned by employees during the year.
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