Category: R

The appropriate planning needed to manage several projects at the same time.

The body that has control over revenue management, investment funds and expenses that works in an organisation to establish accounting procedures and practices.

A person or business selling goods to the public as against a person or business selling to another business.

The provision in an insurance policy that states if the insured dies between certain dates, the policy a face value and the cash value on the date of the death of the

Any m erchandise that has been sold and is then returned to the place of purchase.

Reverse logistics. The practice of collecting any outdated, damaged or goods that are unsold and returning them to the manufacturere or supplier.

An irrevocable trust in the USA that is revocable after the trustors death or after a set time period has passed.

A right in a contract where the seller must give the other party the chance to match the offer that a third party has given to buy a certain asset.

A risk management technique taking steps to remove a hazard, engage in different activities or to end a certain exposure to risk.

A security that is considere to be free from riskof any monetary loss.

The degree an entity is prepared to take a chance with the risk of a loss.

Any external factors that may hinder any decision making that there is no or little control over.

The art of acting out a role other than our own in a training situation.

The main cause for faults or failures even if more causes are evident that began with the initial cause.

The way a substance is able to enter the body such as ingestion (mouth), inhalation (lungs) or absorption (cintact).

The placement of an ad where it is left up to the publisher to place the ad.

The result of electro chemical corrosion to iron and steel. It requires water and oxygen and is a form of oxidation.

Statistical approach to forecasting conversion in a dependent variable based on change in one or more independent variables. Also known also as curve fitting or line fitting.

This rate is calculated by using the birth rate minus the death rate. It is a rate that is equivalent to the population increase or decrease without migration being factored in.

A discussion of the reasons behind how a decision was made. Rationales document why the choice was made, how it was developed, what assumptions were used and why the conclusion is realistic.