PAYABLES TO INVENTORY RATIO
A ratio written as weeks of inventory purchases that are unpaid. Dependent upon the terms of credit provided by the suppliers, as well as the payment policies that have been set up
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A ratio written as weeks of inventory purchases that are unpaid. Dependent upon the terms of credit provided by the suppliers, as well as the payment policies that have been set up
Payment usually made once the bill of exchange has matured, or after it. Usually done in good faith.
The unit of volume used traditionally for dry commodities. One peck is equal to 2 gallons.
The amount which can be added to the funds of an individual, as well as the contributions regularly made by the Registered Pension Plan.
The percentage volume of any substance in liquid or solid state, and by how much it would evaporate at the standard, ambient temperature. For instance, gasoline is regarded as being 100 percent
Performing any contract within the time frame provided and completing all the requirements, meeting the specifications of the customer precisely.
Various different activities that are carried out to ensure the smooth operation of a machine, equipment, system or plant. Usually carried out on a regular, preset schedule.
An employee who is hired to work without any time frame for his exit. For instance, a contractual employee might have his contract rescinded, or will have to leave if it is
The administration of any dose of a substance, given to a worker, in a prescribed manner, without the experience of any harm.
A non physical injury that occurs due to wrongful eviction, slander, false arrest or by violating the right to privacy of any person.
A term used for an illusion that occurs as we see parallel lines moving away, over the horizon and then meeting at a certain point. This illusion is often within our minds.
An account kept to manage the money that will be used for miscellaneous purchases. Petty cash accounts are maintained to keep a proper check on the finances that have been utilized.
The Phillips curve is a graphic depiction of the inversely proportional relationship that exists between the levels of unemployment, and the wages of a person. The main idea of the Phillips curve
Any activity that is designed to bring about a motivation in a person to do better. Examples of physical motivators include climbing, running, hiking, amongst others.
When a couple of companies take upon a business loan, it is known as ‘piggyback’. Similarly, if a company releases its stocks to the public, an investor can choose to unload his/
Managing different projects related to all of the activities that are linked to a certain set of goals.
A deliberate strategy adopted by businesses in order to render a product of theirs obsolete. Supply is stopped and production is halted after a proper plan, so as to minimize losses completely.
Platinum is a metal that is highly precious, since it has the longest life on shelf and is also the strongest. It is the most expensive metal in the world.
A kind of a passive contract made primarily for the licensing of downloaded software. Usually, after reading the agreement, the user must click on the ‘I agree.” area.
The standard serial 8 bit connection standard, which has taken the place of the serial line internet protocol to a great extent, making it the most widely used method of creating a