PURE MONOPOLY
The domination of one company that supplies the majority of a product to the public. This company will distribute all of one product as it has out priced the competition and is
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The domination of one company that supplies the majority of a product to the public. This company will distribute all of one product as it has out priced the competition and is
A company that has been taken over by a larger or another company and has transferred all of its accounts onto the company that has taken them over.
The rate of a hotel room that is suitable for four people. It applies to any room or unit that will accomodate four persons.
These are a set of guidelines that must be followed in order to comply with an FASB ruling. A accountant will need to follow these specific guidelins in order to complhy with
Also known as a mapping matrix. It shows how the various aspects of production are related to each other and to the needs of the customer. It is a tool in virtual
The policy of the top levels of management that will ensure the quality of its products. Management will develop a policy that will make sure that quality is always maintained.
The amount of a product that is made or ordered. A njmerical amount that measures the objects being ordered and sold.
Quasi estoppel is an equitable doctrine that prevents a person from denying an act or assertion if such denial is deemed to bring harm to another who reasonably relied on the act
A software package that is used for bokkeeping that incorporates many programs into one easy to use program. The software is customisable and incorporates spreadsheets, tables and tracking sheets in one easy
A set of policies that is exhibited bt a person or persons toward a group of people of a different race. Often antagonistic and confronting. The assumption of lower intelligence and importance
This is a plan for retirement that it is only made available to workers employed by the railroad. Other employers not employed by the railroad are not eligible for this retirement benefit.
1. The quality of an object that allows it to be rated or appriased under certain criteria. 2. A proportionate ratio of the whole. 3. A taxable quantity.
Charges for Air or Ocean Freight that is paid for by the exporter at the port of origin, for which the importer has already made the payment. The failure for a shipment
Before the commencement of the bidding process, this stage is undertaken to ensure that the bidder has sufficient resources to take part in the bid.
The reduction or elimination of contaminants, or altering the nature of the wastewater before it is discharged.
The interest rate that a bank’s top customers are charged. This rate is a standard that is used to compute the interest rate for the financial institution’s other borrowers.
As opposed to the 500 sheets contained in a normal ream, the printer ream has 516 sheets, taking into account the waste incurred during printing and paper handling.
A private sector firm whose operations are executed by private individuals.
An industry that is composed of private companies. The corporate sector and the personal sector are encompassed in the private sector and they are responsible for the allocation of the majority of
The error associated with providing estimates for a sample that is from a normal distribution. It is the product of the standard error and 0.6745.