Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: S

SPECIAL MEETING

A meeting of share holders called in order to discuss a specific matter that has ben stated in the meeting notice.

SALES PLATFORM

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.

SANITARY SOLID WASTE

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.

SCALAR PRINCIPLE

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

SCOPE

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

SEA LEVEL

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

SEAT (EXCHANGE SEAT)

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.

SECONDARY PACKAGING

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

SELECTION BIAS

A statistical error that causes one sampling group to be selected more than other sampling groups. It will craete a bias in an experiment.

SELF TEST

A test that is automatic and is done by a device on itself when the power is switched on. It is to detect any malfunctions or configuration problems. The device will then

SELF-LIQUIDATING

An expense or obligation that is able to make repayments to fulfill that obligation. A hire purchase for example.

SEQUENTIAL TRAINING

A manner of training where new skills and knowledge are built upon the skills and knowledge that has already been learnt.

SERVICE AREA

The geographical area that a healthe care plan can service that is set by a state agency.

SERVICE PLANS

A plan where services are the benefit that is provided and not a money amount for benefit.

SETUP

1. Called a change over where a new piece is made ready to start being made. 2. Arrangement of seating. 3. A fully assembled item that is supplied ready to be used.

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