Category: P

The verification by a management function that customer requirements are satisfied by ensuring (1) the identification of critical activities, (2) The availability of the necessary resources for each process, (3) The use

A group of products which derives from a similar product platform. These goods or services makes use of the same physical properties and share customer segments, pricing techniques, distribution channels, advertisement campaigns

Price change indicators of bundles of raw materiels and unfinished goods as inputs over a certain period of time. PPI is regarded as a major indicator of the consumer price inder (CPI)

Time period after the goods are available for packing but before the receipt of an order. A high production lead time reflects low demand of a particular demand from the specific production

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

PIMS is an americna based financial thinktank, which documents and does financial analysis of 3000 busines units of 500 odd American companies based on some parameters such as profitability, cash flow and

Rigoros analysis of each component of the project to determine the requirements and feasibility in view of avilable resources.

A gradual increase in punishment in accordance with the frequncy of crime commitment.

Phenonomenon including the analysis of different stages of the project and respective scheduling.

The use of various advertising tools to promote a product or group of products or services. The campaign may use television and radio advertising or print media such as magazines and newspapers.

The physical and tangible damage or destruction that is done to property. It can be damage dome by people such as broken windows or it can be classed as acts of God

This is the criteria that is used to evaluate a proposal and can include past performance, reliability, capabilities of the proposer and over all costs of the endeavour. The company that best

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

This is any property that is in the area serviced by a certain fire department. Each department will cover a different area and each risk in that particular area is protected by

The quantity of a resource such as oil, coal and gas that is expected from new mining operations or after an injection of new funds is made available for the existing mines.

A tax on organisations that are tax exempt in the US. The tax is paid on political and lobbying expenses once a certain level has been reached.

Any accounting services that are not related to any government departments and services. Acounting services for any commercial business prospect that is non-governmental.

The number of shares that are for sale to the public when a company enters the stock market. These shares do not include the number of shares that are held by the

An offer of stocks and shares to the public from a company entering the stock market. The sale of shares is guaranteed by an under writer. The offer is only produced after

Known as a purpose trust. It might or might not be charitable. It is created to promote public welfare and not for the needs of any single individual.