MARGINAL REVENUE
A firm’s gross revenue increase produced when one additional output unit is sold.
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A firm’s gross revenue increase produced when one additional output unit is sold.
In absence of effective promotion, customer brand-loyalty’s gradual erosion over time.
1. The action of increasing an existing product’s market share or new product introduction to grab market share by volume discounts, advertising, lower prices, or bundling as a strategy. 2. Percentage of
1. In Securities trading, this is the (1) price details recording of stock exchange security trading. (2) Official count of transactions as trades during an exchange’s trading hours. 2. In Shipping this
Personalized or custom-tailored goods or services produced to meet diverse and changing consumers’ needs, but at near mass-production prices. Computerization, internet, product modularization, and lean production each enables and hastens the portend
A commercial contract offered to an investor with periodic investment instruments.
Product production’s monetary investment. Things that incur material costs, for example, are the ingredients of a meal or the parts of a machine. The cost of labor to produce the product is
The horizontal flow of skills and information moves easily through this type of organizational structure. The management of large projects or product development processes uses this type of structure. Employees come from
Completed, due, or paid up timebound item with this type of period.
Without triggering a trading halt this is the largest amount a futures contract can move in a single trading session. Individual commodities and financial instruments have varied maximum price fluctuations. It is
The overall goal is decomposed into objectives, Each objective is then decomposed into individual steps or actions. This is applying systems thinking to planning. The concept that ‘every attainable end leads up
By conducting the examination of a prospective insured and acting as an agent of the insurer is this specific type of doctor.
to attend a meeting, guests staying together, the offering of this type of special room rate.
From the official tariff of a carrier, the information extracted is this specific summary of rules and rate.
A person’s psychological tendency to prefer a previously encountered option versus a totally unfamiliar option never encountered, regardless how brief the 1st option’s prior exposure was. In marketing, the Mere Exposure Effect
Flammable hydrocarbon gas that is colorless and odorless. Natural gas’s main component, about 75 to 99 percent. Non-toxic, it is an asphyxiant and a major hothouse gas. Catalytic oxidation converts methane into
Specific type of informal measurable unit. Said to be named after the famous Disney cartoon mouse. The smallest detectable distance of movement by a cursor on a computer screen via an input
Documents’ photographic reproduction process. Uses images one-eights (1:8) to one-fiftieth (1:50) of original size. Media is usually 16 or 25 millimeter film. Without any detail or information loss, these microphotographs can be
Microsoft Corporation’s product suite. Packages MS-Word, Excel, Access, Publisher, PowerPoint, and Outlook. Each application serves a different purpose and is compatible with the other packaged programs. This suite is compatible with both
Something’s or someone’s movement from one place to another, as in data from one format, platform, or system, to another, or from one country to another, or of a substance from one
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