Category: P

Using heat to transfrom a product into smaller base elements. It used very high temperatures in the range of 400 to 800 degrees Celsius. It is not the same as combustion which

The prepayment of impending premiums. This can be accomplished either through the immediate payment of the present value of the premium or through the interest accumulated on a deposit.

The hydrostatic or pressure head is the weight of a column of water of a specific height at the bottom of the column. It is expressed as the ‘foot head’ or ‘meter

The company’s ability to raise the price of a product without affecting its demand. A company that prodces a product that is unique or faces little competition has a high pricing power.

The number of prints that can be produced in a single print run.

Principle: Things that need to be done first oughta be done first Process: Ranking of items on the basis of urgency or importance.

A brand or product that is not owned by the manufacturer. The retailer retains the ability to use their name under the manufacturing contract.

A model or situation with various outcomes, each with its own chances of occuring. On the other hand stochastic is the concept of randomness. Probabilistic is indirectly related to randomness. As such,

The difference between a desired state and the existing state, or something that differs from the normal.

The ease associated with manufacturing goods in large quantities. It is largely dependant on the design characteristics of the item in question.

Legal consequences due to the negligence on the part of a professional.

A group of related taks execution under a certain financial budget restrain and limited time period.

A term coined by Karl Marx in his famous work, Communist Manifesto, for the lower working class constituting the wage workers. The classification on who quails for the term has been varied

A message that is aimed at a specific audience that will try to change their thinking to that of the person releasing such propoganda. It will often contain disinformation to promote a

This is information that is known only to the owner of the information. It is not information that is made available to the general public at any time. It can relate to

This information can be relaesed at the patient’s request and not otherwise. It covers all of the information in a person’s file and is protected under HIPAA which keeps the information away

1. An act of furnishing or supplying a person with a product. 2. The allocation of resources, being money or goods, to allow a project to proceed to completion or the next

1. In the United Kingdom this applies to any accountant. 2. In the United States of America it applies to those professionals that carry out services related to accounting to the population

Housing that has been funded by the US governement that is provided to people of low income and / or disability who would otherwise not be able to afford housing. A nominal

Any property that is not owned by a private individual or a company. It belongs to the public at large and not to any one person. It covers premises and facilities that