A/R : A/R is the monies due to
the company for goods sold or services rendered for which payment has not yet
been received
CIP : CIP is the abbreviation for
continuous improvement plan, a set of activities designed to bring gradual, but
continual improvement to a process through constant review.
H1 & H2 : H1 is a shorthand
expression for the first half of a company's fiscal year. For a fiscal year
that starts in January, H1 is January through June. The US Government's fiscal
year starts in October, so H1 there refers to October through March. H2 is a
shorthand expression for the second half of a company's fiscal year. For a
fiscal year that starts in January, H2 is July through December. The US
Government's fiscal year starts in October, so H2 there refers to April through
September.
Paradigm : A paradigm is a pattern or
example. In business it is a framework of behaviors or set of rules action
governing people's actions and assumptions.
