Category: Finance

A practice in pricing where a seller ranks his cuctomers according the sizes of their orders and places different prices to different buyers. All buyers in the same segment wii pay the

Data that has been collected by another person other than the current or primary person.

A plan of flexible benefit that is named a section of the IRS tax code that allows an employees contribution to be matched dollar for dollar with pre-tax dollars.

A small amount of capital that is used at the beginning of a firms start up by the founders. Rarely is it provided by a financial institution due to the failure risk.

The selling that is restricted to customers who meet a certain buying size or who reach a minimum ability to buy a product.

The fundamental right of every person to freely decide on their own political status and to pursue their own choice of economic, cultural and social development. It is embodied in the US

An organisation that has been authorised to enforce and develop the regulations for an industry. Examples are NASD, Financial Accounting Standards Board, NGFA, IASB.

Part of the “human potential development movement” where it is designed so people are more aware of the group dynamics and their behaviour, role and interpersonal traits within that group.

An entrepreneur who is always coming up with a new idea to start a new business and does not stay with that business very long before he is on to the next

1. A fee charged by banks to cover services or a penalty fee. 2. percentage added to a bill for tipping. 3. paid by tenants ofr general maintenance and cleaning of the

Service-product mix where both goods and services are provided and the service quality is more important than the product or goods.

Wastes resulting from, 1. over production, 2. waiting for next job, 3. unnecessary movement of material, 4. over processing due to poor design, 5. inventories bigger than the requirement, 6. unnecessary worker

A legal document that is issued to show proof of any ownership in a business. A paper share is being replaced by electronic shares.

A card or sign that brings products to the attention of the customer. Also known as a shelf screamer.

A form documenting all of the goods sent out against a particular order.

The detail drawings that show how a propsed material will be shaped and assembled to produce a finished product.

An SEC ruling that will prohibit the initiating of a short sale at lower prices than a previous sale. It is to prevent panic that is responsible for a market crash ike

A short range plan that has a short horizon of 5 years or less.

1. A percentage in short fall of a planned output amount. 2. a percent of inventory lost due to errors, theft and spoilage or waste.

A person who places their signature on an agrrement that causes them to be bound by the terms of it.