Category: R

The first point of contact in an office; receptionists are seated at the entrance and do a variety of tasks including answering phones, distributing mail, signing for packages, office upkeep.

Re-calibrating and servicing equipment to bring it back to near new or original operational level. Reconditioned goods are often of later models and usually in better condition than refurbished goods.

Method chosen by an organization to restore operations to normal following a disaster. It includes (1) manual operations, (2) suspending data processing (3) arrange a service provider and (4) backing up essential

Opposite of black ink, this term signifies the colloquial term for a loss or a deficit.

This term refers to that which goes beyond what is natural or ordinarily necessary

This term refers to the strategy in which a product is sold at a price just below its main competing brand.

The process of keeping an item below room temperature by storing the item in a system or substance designed to cool or freeze. A refrigerator is the most commonly used storage item.

Imposed limitations on the activities of a firm in compliance with the requirements of a regulatory agency.

Relative purchasing power parity relates the change in two countries’ expected inflation rates to the change in their exchange rates. Inflation reduces the real purchasing power of a nation’s currency. If a

The depositing of additional cash into a margin account to meet the minimum margin needs. See Margin Call.

A type of property that derives more than 80% of its revenue from dwelling units. Residential rental property uses the 27.5 year modified accelerated cost recovery system (MACRS) schedule for depreciation.

The changing of a brands status or position among the competing brands. See positioning.

Basic or applied method of increasing the knowledge by finding new information.

The time that is taken to complete a project relying on time taken to group all resources and not the actual time that is available.

The amount that is charged by the seller for the acceptance of ay merchandise that is returned for a refund.

1. The removal of any asset after its sale. 2. Forced or voluntary withdrawal from the job market. 3. Withdrawing a document from circulation. 4. The discharge or satisfaction of an obligation.

A ratio that measures the investment profitability in relation to the assets that are being managed.

A leading company in news and information reporting arpound the world.

A method used by companies to return defective goods back to the producer or manufacturer.

A trust that allows the grantor to revoke and reclaim any property placed in it.