Category: S

A component that can be replaced when it is needed to be because of malfunction or wear.

An account for money where it can absorb the costs incurred by a capital loss.

The assurance of quality investments to the shareholder.

Also product platform. The selling proposition that decides the whole sales campaign for a product or group of products. The sales campaign is built on the sales platform.

Solid waste that is not hazardous or radioactive that has risen from agricultural, domestic, commercial and industrial practices. Cardboard, glass, paper plastic but not dissolved solids and suspended soils.

A classic management rule where each subordinate reports directly to his senior person and not any higher on the management chain.

A whole of lofe policy with a fixed benefit and a fixed premium amount.

See scope of work. All of the jobs required in order to complete a project, from the contract, employment and finishing the job.

Known as mean sea level where the average over many years has been recorded between high tide and low tide levels.

A term referring to membership in a futures or stock exchange. Ownership is represented by a member having interest in the decisions governing a stocks operating profits.

Activities performed by a company that are outside the scope of its normal operations.

The packaging that encloses the primary product . The box that a packet or item is sold in.

A procedure in shippingwhere a shipper signs a statement rthat certifies that there are no dangerous materials such as explosives in the shipment.

A term used to refer to an insurers selection of what risks to insure. The term refers to the act of ceding poor risks in reinsurance.

The motivation that a person uses to maximise one’s own possibilities and potential. Thought to be the only motive.

An offer or gift that will generate more sales of a product that will pay for the promotion.

A condition of a market that is characterised by an exaggereted reaction of the price to positive and negative news influences.

A bank account that has been impounded by court orders that will deny tha account holder access to the balance without a courts’ approval.

The benefits that are provided by the service association issued according to the days of coverage and not a dollar amount.

1. General. A business or individual that offers paid for services. 2. Internet. A company providing internet connections to customers.