Category: R

The rate structure is a set of causes that a utility firm uses to compute the consumers charges. Water bills and telephone bills can be straightforward while electric bills are complex.

Rationing function of price features raising the price higher so that less of the consumable will be purchased and used by the consumers and more will be conserved or rationed.

Number assigned to the level of how complex reading material is. It equals a level of schooling. For instance, level of seven means the reading material is suited for a student in

1. Practical orientation that relies on the facts and takes into consideration things as they are, not on what they might be. 2. Philosophical concept that theoretical entities such as numbers and

1. Remembrance of what has been heard, seen. Also, see: recall test. 2. Removal of a contaminated or defective good by its manufacturer , either voluntarily or when forced by a watchdog

Essential piece of macroeconomics that accounts for the gap between the short run equilibrium level and full employment real production. A recessionary gap is associated with a business cycle contraction.

A requirement where a passenger must confirm at least 72 hours before the flight that they will be on the plane. Otherwise, the airline has the right to assign the seat.

The process of identifying and hiring the most qualified candidate either from within or outside of an company for a job vacancy in a most timely and cost effective way.

A redacted document is a document that has been modified, edited or revised and any confidential or sensitive information has been removed from it.

A data backup plan where a single hard disk is replaced by two or more smaller disks. Each of these disks has its own controller and works separately of others. Each one

This term refers to the influence over others that is acquired from being respected and well-liked by them.

Measure of the cooling power of a refrigerator expressed in BTUs per hour, or in tons where one ton refers to 12,000 BTUs or the energy required to melt 2000 pounds of

Benchmarks circulated by a regulatory agency that were created to enforce the provisions of a legislation.

A url that is RELATIVE only shows a partial address – like images/me.jpg – and the success or failure of finding the file is contingent on certain conditions being met – which

Marketing efforts to spur demand for a product that is experiencing declining demand by marketing it as though it were a new product. The success of a remarketing effort is dependent upon

The expense that is involved when an order is repeated. It may be an internal order for manufacturing or an external order for supplies.

An indefinite storage for items where the item is not likely to be taken from.

The amount of money that is kept aside by the insurer so all debts can be covered.

The measure of costing the quantity of a resource that will be used by a certain activity. Used to allocate costs that are appropriate to the activity.

1. The return of equipment to operational state after repairs. 2. A firm returning to full scale operations after a disaster. 3. Re-establishment of flora and fauna to the ecosystem after a