Term of the Day: Triage

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	INVESTOPEDIA Term Of The Day August 9, 2015 Triage A process-management term predominantly seen in hospital and healthcare settings that can also apply to different types of business process or workflow situations. Triage refers to the practice of dividing incoming work or customers into different levels of priority so that the highest-priority issues are handled first, while lower-priority issues are stationed lower on the to-do list. Investopedia Explains: In a business setting, the concept of triage can be used to prioritize different types of work for various types of... Read More Related to "Triage" Top 7 Estate Planning Mistakes For many people, estate planning falls under the same category as going to the dentist: deal with it as seldom as possible or only... Read More The Beauty Of Budgeting Can you name a Fortune 500 company that doesn't have a budget? Don't spend too much time thinking about it... Read More Having A Plan: The Basis Of Success Any veteran market player will tell you that it's vital to have a plan of attack. Formulating the plan is not particularly difficult... Read More Recently Added Definitions Follow The Settlements A clause in a reinsurance contract that indicates how a ceding insurer will allocate a settlement to its reinsurers. The allocation outlined in the... Read More Master Certificate A document that formalizes a reinsurance agreement. Master certificates provide details about the parties involved in the agreement... Read More Related Definitions Economies Of Scale Diseconomies Of Scale Scalability Back Of The Napkin Business Model Business Model Past Terms of the Day Yearly Probability Of Dying Mom And Pop Love Money Nanny Tax Dog And Pony Show You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: