QUALITATIVE DATA
Data that is used to describe a product but not define its characteristics. Non- measurable data that does not include any weight or dimensions. It is information that has been collected about
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Data that is used to describe a product but not define its characteristics. Non- measurable data that does not include any weight or dimensions. It is information that has been collected about
A method of improving the production process that makes an item. Various parts will show improvement by cutting losses, improving production times. A systematic approach is used in order to improve the
A chart that is produced to ensure quality by giving a score to each part of the process. Each process is given a score depending on the importance of the process.
The amount that a consumer creates by demanding an item. The demand for an item will initiate a set quantity of an item be available for purchase.
The acts of an officer that take on a judicial quality. The officer is authorised to act in such a way.
1. Personal finance software. It is a program that will anable everyone to cope with their own financial tasks in one easy to us eprogram. 2. To make something happen in a
The person who works on behalf of the wholesaler by providing racks that will store the products. It is usually used for products like chips, lollies and other convenience foods. Several rack
A slip or chit that is given when an item is on sale and is unavailable for any reason. Gthe peron is able to buy the item when supplies are restocked. The
The value of a property on the real estate market. This value is based on the annual rent received for the property. A ratable value will be assessed to determine if any
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.
Activities related to administration that are aimed at (1) process definition, (2) establishment of responsibilites, (3) evaluation of process performance and (4)Identification of improvement opportunities.
Identification of the charecteristics of a good or service in order to satisfy a recognized need or want.
Preparation of a budget using program description, in lieu of the expense line items.