Category: P

An alternate name for a public switched telephone network.

1. Internet. Data that is asked for by a recipient is pulled by them to their computer. Push is when they receive information that is sent to them. 2. Production. The generation

The domination of one company that supplies the majority of a product to the public. This company will distribute all of one product as it has out priced the competition and is

A company that has been taken over by a larger or another company and has transferred all of its accounts onto the company that has taken them over.

When accounts are closed for a month, the prepaid interest is collected which is in fact the partial payment of a month’s interest payment

The shortlisting of potential bidders who will receive the invitationtobid(ITB) documents based on experience, reputation, financial and mangerial ability, etc.

A software for data encryption that makes sure that messages sent over the internet comply with the integrity, privacy and security laws. Encryption and Decryption are the equivalent of two physical keys

A whole number that is greater than one that is only divisible by 1 and itself. Every natural number is either a prime number or a multiple of a prime number. 2

A light sensitive metal or paper sheet. The image to be printed is burned onto this plate using a high intensity beam. The image is then transferred to the preferred medium by

A private sector firm whose operations are executed by private individuals.

An industry that is composed of private companies. The corporate sector and the personal sector are encompassed in the private sector and they are responsible for the allocation of the majority of

The error associated with providing estimates for a sample that is from a normal distribution. It is the product of the standard error and 0.6745.

Activities related to administration that are aimed at (1) process definition, (2) establishment of responsibilites, (3) evaluation of process performance and (4)Identification of improvement opportunities.

Identification of the charecteristics of a good or service in order to satisfy a recognized need or want.

Preparation of a budget using program description, in lieu of the expense line items.

US Department of Housing and Urban Development backed short term debt securities used to finance construction of partially state-funded residential complexes and federal constuctions. There sole purpose is the aforementioned one and

The message that the company is conveying about its products or services. The message will be repeated across all types of media for advertising and could include a slogan or saying that

The voting scheme which ensures that each party or group is represented in the same proportion that they appear to be in the whole population.

1. Thisoccurs when a businesses or company is owned by one person or one family. It is not owned by several people or a group of companies. 2. Proprietorship can also be

A trust created that will protect the assets of the trustor in their lifetime from the effect of the trustor declaring bankruptcy. The trustee is responsible for any interest earned by the