Category: B

Also known as executive class or upper class, is a high quality second-tier travel class available on some commercial airlines and rail lines. Its level of accommodation is higher than economy class

The concept that assumes that accounting applies to individual economic units and that each unit is separate and distinct from the persons who supply its assets.

Any event, whether anticipated (i.e., public service strike) or unanticipated (i.e., blackout) which disrupts the normal course of business operations at a corporate location.

Ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders.

A phrase denoting that the main intent of traveling out of town was to transact business.

A legally recognized organizational framework for conducting business in Canada including, but not limited to, a sole proprietorship, general or limited partnership or corporation.

This is when businesses utilize their marketing strategies such as sending direct mailing ads, ads on the internet and advertising via coupons in the hopes to convert shoppers into loyal buyers.

When a purchase is made based on an examination of the item.

The way organic pollution is measured in water. The bacteria and organisms in water are tested for five days in the dark. The higher the BOD rate the more pollution. If the

Ideas of a business plan with out details. This is the big picture or a quick outline thought up on the fly.

A review of a companies financial status and holdings. When printed its called a backgrounder sheet or a fact sheet.

The channels information, material, and money takes in a company. The suppliers and buyers make up a netowrk. Refer to forward linkages.

Selling insurance to customers of a bank. A wide variety of products are offered.

The strips printed next to eachother on a barcode. Each bar is a number that is ready by a scanner. A computer matches the number with an item in its records. There

When prices are made without transportation cost. AKA basing point pricing.

An old way digital speed was measured. The new way is bits per second. It was named after J M E Baudot.

A report the Federal Reserve makes to show the economic conditions. 12 Federal Reserve Banks send the data on their own summaries. Its a big market indicator and changes monetary policy.

An individual who financially assists another individual, such as someone who contributes to charitable organizations, or a family member that provides cash to another family member for school, etc.

When a board of directors is placed in charge. The owners rely on them to run things for them. Ownership and control are separated.

The best way to prevent environmental damage.