Category: M

Characteristic or property of being modifiable, manipulable . Also refer to manipulative (Definition 2).

Processing raw materials, components, and parts while building finished goods based on a customer’s specifications and expectations. Manufacturing commonly employs a man/machine setup with division of labor in a large scale production.

All other factors remaining constant, an activity’s overall benefit increase caused by a unit increase in the level of that activity. Also known as marginal utility.

With all other factors remaining constant, this is the resulting output from hiring one more worker. Output of a firm or economy as a measured physical increase.

Additional income unit’s paid tax rate. Marginal tax rates increment as income increases in a graduated or progressive tax regimen. The highest marginal tax rate applies to the highest income bracket or

Market’s characteristic(s) such as number of the competitors, level or intensity of competitiveness, and the market’s growth rate that a firm walks into when introducing a new product.

The action of identifying unique group characteristics, separating groups by these characteristics, and segmenting these groups from the large homogenous market. Designing a marketing strategy that tightly matches the targeted segment’s customer

A given event is dependent to some degree on recent previous events in this type of situation. Research may find that a bull week in the stock market is followed by another

Principally using the national newspapers, radio, and television for impersonal broadcasting a message through these various channels to the general public, .

A comprehensive product manufacturing schedule that covers what is to be assembled or made, when, with what materials acquired when, and the cash required translated into a business plan. Material requirements planning

When it is revealed to the public, any company or product information that is likely to change a security’s perceived value. Common examples of material information are: bankruptcy filings, board of directors

The point when a policy’s face value is paid out, as when the insured dies, the policy is mature.

1. For a Debt instrument, this is an at-maturity collectable or due obligation amount. 2. For Endowment insurance, on reaching a specified age at the end of endowment period, this is the

Without significant impairment or adverse effect other than carcinogenicity, an animal specie can tolerate for a major part of its life span this specific highest dose of a chemical or substance.

1. Act of taking measurements, using meaningful standardized units to quantify values. For example, one measures dimensions to quantify length, width, weight, mass, and the like. 2. Calculated actions taken to remedy

the health conditions of individuals who have been insured in the past are kept as coded information by this specific bureau. To get all possible information on prospective insureds, life and health

A single parent company owning this large collection of companies. Megacorporation’s usually exist beyond political boundaries and operate throughout the world in many countries. Political clout and influence over markets comes with

Social workers, psychologists, and psychiatrists as this type of care providers. To provide mental health care these people must meet federal and/or state requirements.

Evaluation of abilities and achievements, and not politics or favoritism as the basis of this type of uniform and impersonal employment and advancement policy.

purchase orders or contracts generated by this specific procedure from requirements or requisitions. (1) competitive bidding, (2) direct negotiations, and (3) single source acquisition are three common MOPs.