The idea that a country should make products that can be made cheaply and efficiently. Each country has its own special assets and resources that can benefit their trade partners.

Comparing item by item with the alternates. Reefr to comparability analysis.

Estimating cost based on how much the previous job cost to complete.

The formatting for a balance sheet that shows each item for the current and last period. They are dollar amounts or percentages. Refer to common size financial statement.

Taking two or more risks and placing them on a scale with quantitative analysis and qualitiative analysis to see which is greater.

A way of advertising that places one product as better than another by comparison. The other brand must be kept anonymous to avoid a law suit. AKA comparative advertising or competitive advertising.

The way a selling price is decided. The other brands are compared to make this figure.

A shopper that visits stores to evaluate them. They are working for a marketing firm.

Comparing prices before shopping to get the best price. It is done on many big ticket items.

A portfolio used to rate the work of a manager to keep the competition up. The effectiveness of this is not confirmed.

An element that is a part of many jobs and is used to study employee behaviors.

A temporary leave from work for a good reason that an employer pays for. There is a contract made to specifiy the terms.

A noninterestbearing demand DEPOSIT placed by a customer with a BANK to compensate for LOANS or other services granted.

How a bank can use money to pay for a loan.

A plan that pays premiums to the insurance company. It is deposited into an account with the insured persons name. It can be withdrawn.

When switching jobs sometimes the pay is different than the current one. If a job is less enjoyable than the wages may be raised to compensate for that. AKA compensating wage differencial

An error in accounting that is fixed by another error. They are hard to find. Sometimes they are done on purpose.

An aspect of a job that offsets a negative one.

A group that evaluates the pay and sets it for the senior level employees. The community might be involved. Goals, and awards might also be considered by a committee.

How the commission is decided by agents based on sales revenues. Refer to compenstation structure.