Category: P

The role of looking after the public’s safety. A state, federal or local organisation that looks afetr the safety og the public. It can contain memebers of variuos organisations such as EMTs,

Groups of people that are assocoiated with another group or company. The association may indirect or direct and includes groups such as students, customers, suppliers, employees and investors.

This is the comparison of the cost of an item from the previuos year compared to this current year. This method is used in cost accounting practices.

1. Internet. Data taht is sent with only an initial permission, such as regular email notififcations from various companies. 2. Manufacturing. Inventory of parts and materials to be purchased to enable production

The advertising expenses that is paid by a company before the task is executed.

The prepayment privelege or right is the authority given to the borrower to settle the principal balance before the payoff date, without incurring a penalty.

Products that are deemed to be of an extremely high quality, due to added benefits that the buyer will supposedly obtain from it, and thus such products are highly priced.

Stating business as the primary purpose for undertaking a travel, as opposed to pleasure. For taxation purposes, a business travel is eligible for complete deductions in transportation and half price for meals.

A device that is usually external that prints materials that are desired by the user. The use of small pixels by the printer, allows the transder of the image from the screen

The triumph of cooperation and trust and loss of a blind pursuit of selfinterest. An illustration is provided by the problem that two inmates in separate cells face. The police offers them

A term for a point to point circuit or a leased line.

When subject to a specific sampling routine, it is the standard percentage of goods that is deemed to be of acceptable quality.

The technical aspects of a legal system that states the steps that need to followed while enforcing criminal or civil law.

Order in which a firm or franchiser supplies a product family to a certain dealer or franchisee who associates with the brand name of the producer. Usually product franchisees are exlusive brand

It is total revenue minus total cost. It is th amount on which the tax is levied.

Phenonomenon by which a project is bid for construction.

A person or persons who want to sell or put forward and idea for a project or a business plan to another party. The other party can decide to lend support or

The term used by real estate agents when they manage the leasing, maintaining and advertising for a particular house or business. It can include finding tenants, collecting rent monies and looking after

These are the rights that the owner of any proprietary information has. These rights are protected under various laws. In contracting situations it means all of the information the contractor uses such

This is a level of rating that is given to the amount of fire protection in an area. The rate is decided upon by the Grading Schedule of Cities and Towns. The