Category: S

Any specialised equipment that can be only be used for a specific purpose. Items like gauges, dies, molds, jigs, patterns.

The international work place quality standard that is based on social accountability.

The ability a person has to close a sale. Often determined by appearance, intelligence, personality and motivation to sell. Involves a well thought out and flexible sales approach.

Material that has a value when salvaged and then resold.

Administered by The Federal Deposit Insurance Corporation or the FDIC.It is an insurance system for savings and loan banks and thrift banks.

A situation where demand for a product or resource is more than is available.

An independent and verified description of a link between a cause and an effect. It wil be deduced from observations and experiments and is considered to be applicable universally.

A strategy used when selecting stock where a company is evaluated based on a set of criteria. It can be screened by hand or with an interset based tool or using software

A risk that only occurs at a particular time of the year.

A strategy used in acquisition where there are two suppliers or producers who qualify to supply the same item.

The labour market of insecure jobs with little or no payment and poor conditions.

A computer system that is designed for dedicated servers only to provide a secure online commerce transaction over a network such as the internet.

The approaches used in order to subdivide a market or population into segments with similar characteristics. Five major strategies, behaviour, benefit, demographic, geographic and psychgraphic segmentation.

A legal instrument enforced by a judicial process that is effective immediately without the need for any other requirements.

An expectation about a circumstance that can be negative or positive that can affect how a person acts that causes the expectations to be fulfilled.

The study in scientific terms of words and also how meanings are applied to words.

The relationship where a single pension plan sponsor retains an investment manager under a stated policy for investment that is exclusive to the sponsor.

A method of identifying data transactions that occur concurrently with one another but are independent of one another.

A lease of equipment where the lessee needs to maintain and to service the asset that is leased.

The completeion of a service that has been requested by clients that has resulted in a request for paymnent.