An initial marketing strategy that is pretty low costing, since it involves two, or more than two firms, who will market each other’s products in the right markets for maximum publicity.

Promotional activities aimed at introducing a new product in the market. Usually an expensive ad campaign is undertaken.

A legislation that states that if the obvious meaning of any document cannot be contested, then it must be accepted as it is.

The obvious meaning, intent, or implication of any clause/ statement or any legal paper, which can be understood by just reading it.

A deliberate strategy adopted by businesses in order to render a product of theirs obsolete. Supply is stopped and production is halted after a proper plan, so as to minimize losses completely.

The estimated costs that might be incurred during the implementation of a plan. A planning estimate is usually derived from the provided information, and can be based upon various planning factors.

A feature provided in various spreadsheet programs, allowing the spreadsheet to be view from a variety of different arrangements in order to depict the same data.

A memory chip or any other electronic part, which is placed inside a computer. Being ‘pin compatible’ means to have the similar number of pins so that the chip can be inserted

A test carried out for plants in which each portion of the plant is carefuly defined and pondered upon, in order to check the coordination between the different materials.

Any law that can be depicted through the use of simple language, making it much easier to understand.

A characteristic of any material to deform over and over again, without actually breaking apart due to the force applied.

A term commonly associated with credit cards, debit cards, NFC technology, etc.

A finalized metal product, rolled flatly, having a breadth to a maximum of 48 inches, and exhibiting thickness less than 12 inches.

Software that is not locked to a certain platform; can be run on different platforms.

The materials used within plants, either directly or indirectly for the production of goods or services.

A clear error that requires correction.

The capital assets which are utilized by the plant in the manufacturing of goods and services.

A practice that is considered highly unethican and in some cases illegal, piggybacking is a strategy by which a broker will immediately carry out a trade in his/ her personal account, after

Any piece of equipment or appliance, whose primary design features are used in various other products of a certain family or products.

An drawing created by shopkeepers in order to get a better idea of how to effectively manage space on shelves.