International News agency providing reports through TV, radio, World Wide Web and print publications.

Paper recognized internationally founded in 1851, printed in New York and distributed nationwide.

International newspaper that focuses on corporate and investing news.

Piece of literary work by Adam Smith in 1776 that is considered to be one of the first publications dealing with Economics

Arrangement of seating where all rows face toward the stage.

Set of propositions, assumptions or facts attempting to provide a rational explanation of cause and effect of observed phenomenon.

Observation of economic behaviour where people form trend so economy expectations based only on past trends.

A company’s behaviour in pursuing maximization of profit analysed by (1) inputs, (2) production techniques used, (3) quantity produced and (4) prices charged.

Concept of Economics where all remaining needs should be satisfied even if two or more need cannot be satisfied.

2 sets of assumptions by managers about employees and which can be self-fulfilling prophecies. Theory X assumes that (1) people won’t like work and will avoid if possible and (2) they need

Drug alternative with a different make up chemically but will treat a condition the same manner as other drugs.

Tern for describing different drugs to treat a condition the same way as the usually used drugs.

In a time and motion study, it is the base elemental motion representative of one of 18 standardized motions developed by Frank and Lillian Gilbert.

Commercial heat unit. One thermo =1000,000Btu, 97 cubic feet of natural gas, 29.3 kWh.

Discharge of hot water from an industrial process able to kill life in the water and to disrupt the ecosystem.

Study of laws that govern the transformation of heat energy into and from other energy forms. There are 3 laws and a Zeros law of thermodynamics.

Plastics that can be shaped by applying heat and pressure.

Hard plastic formed into one shape that cannot easily formed into another shape.

Device that senses temperature and will turn an appliance or circuit off or on when the required temperature has been reached.

Inexpensive computer setup serving as a user interface in server/client architecture.