Category: O

A commodity market controlled by a few producers, typically resulting in higher prices for consumers.

Immediately evident, based on superficial observation.

There are five basic measures for online marketing: 1. Number of unique visitors. 2. Number of visits to a particular website. 3. Number of page views (a website usually consists of multiple

The hypothesis, proposed by Aleksandr Oparin in 1924, that life originated spontaneously from non-living elements (e.g. methane, water vapor, hydrogen). Also known as abiogenesis theory.

A debit that does not have an agent at the moment.

The cost of items as determined by supply and demand.

A protocol that is governed by an organization anyone can join.

1. To run some part of machinery or a business. 2. To function properly. 3. To perform medical surgery.

Exploiting situations for personal gain, without considering others.

Production level resulting in the lowest cost per unit.

In a contract, this clause allows the buyer, obligor or a lessee to renew a concluded contract for another term.

When an initial public offering of shares is made, this is a list of investors who have subscribed to buy shares.

In any business, this term is used for all those activities that are necessary and normal.

The rate at which a company will grow using only its own resources, without borrowing or buying other firms.

The study of communication within and between organizations. It considers the impact of communication structures on the individuals within those structures, and can contribute to effective management.

Long-term criminal activity conducted in a structured and systematic manner, with the aim of generating illicit income. The activities and techniques vary, often involving violence, theft, fraud and trade in illicit items

A system that provides information on non-NASDAQ markets.

Structures that are covered by homeowner insurance, but that are not part of the main property (e.g. sheds, garages, gazebos).

Operating costs that exceed income generation.

The gap that exists between the actual GDP of a country and the GDP of the country at maximum capacity or efficiency. A negative output gap suggests improper allocation or use of