QUALITY CIRCLE (QC)
Originating in Japan and called quality control circles. It is a small number of people between 6 and 12 that look after a certain aspect of quality control in the manufacture of
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Originating in Japan and called quality control circles. It is a small number of people between 6 and 12 that look after a certain aspect of quality control in the manufacture of
The design of a product must include quality control. A quality design will produce a quality product and all aspects of the design must still enable the finished product to work as
Data that is able to be measured and verified. Quantatative data can be defined. Qualitative data is described.
A report on company practices or finances that is released at quarterly intervals. The report is usually made available to stock holders and interested parties.
Also known as structured query language. The form that can be filled in order to start a search for some specific information.
This is a sampling method that specifies the representative group. An example might be from males aged between 30 and 40 years old.
A material is considered to be radioactive if it emits enrgy that causes damage to living tissue. The rays or particles that are emitted are known as alpha, beta and gamma radiation.
A method of decision making that ranks the importance of each project. They are ranked by a set of criteria such as cash flow, risk factors, capital appreciation. The allocation of capital
A penalty imposed on the borrower for the complete settlement of the loan before the expected payoff date. It is means of compensation for the lender as the potential interest income is
The treatment of wood with preservatives or fire-proof chemicals under the influence of pressure.
The reliance of the interviewer on first impressions which is used to judge the interview.
The industry that is involved in printing and distributing media through publications such as magazines and newspapers.
Long time customers of a financial institution are provided with priority banking. It includes advanced services such as payment of bills online, consultation on financial matters, free checking, etc. Nowadays, priority banking
A company whose shareholders are offered limited liability. However, ownership restrictions are strictly in place to avoid the hostile takeover attempt by any association or bylaws. The restrictions include (1) The sale
A tool for statistical analysis that is used estimate the chance that an event might re-occur, based on the analysis of past data.
The derivation of a solution by working through the details that are entailed in the problem. The employment of systematic or mathematical operations to derive the solution are used in problem and
A promotional campaign that aims to showcase the satisfaction guaranteed by a product according to the needs of the target customer.
Amalgation of two different professional (normally from different professional backgrounds) to offer services to public.
Seven major milestones through which each successful project undergoes, 1. Identification of pragmatic project notion. 2. transformation of the notion into appraisal 3. evaluation of different aspects of the project 4. Presentation:
The legal enforcement of a promise. Made by words or conduct to the promisee without the consideration of the detriment it may cause.