CONCEPT
1. a short clear statement in an ad. 2. a clear description of the product to get customers attention. 3. the strategy behind an idea.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. a short clear statement in an ad. 2. a clear description of the product to get customers attention. 3. the strategy behind an idea.
A firm that gets more business based on what is does not how much it does.
The product development stage when consumers are surveyed regarding the best features of a new merchandise idea.
The use of a search engine that follows a certain formula to retrieve resources that are related to a keyword.
A testimonial offered to a prospect in an attempt to convince them that a firm has a resolution to their problem.
A written presentation of an invention given to investors in hopes of convincing them that a product is worthy of their interest. Refer to concept optimization.
When an invention is tested using a prototype.
The estimated price to complete the development of a product based on the average of submitted bids.
A portrayal of the expectations of an item manufactured for consumption.
A hypothesis of the configuration that governs a far-reaching theory.
A prototype of an organization showing how well the system meshes with other organizations and how it functions within its own structure.
An all-encompassing word that describes all for profit and non-profit organizations.
Activity performed by parties for their benefit that have agreed to jointly hold responsibility for any outcome, positive or negative.
A business is set up in a location with the understanding of being the only firm offering a particular commodity.
The difference in return for a lender between a below market rate loan – or soft loan – and a full market rate loan.
Reduced tax rates such as exemptionsand deferments to boost interest in investing. Australian earnings in superannuation funds are taxed at a lower rate.
Lower prices for members of the armed forces, vets, and other groups for airfare and hotel rooms.
An inference that has no proof but is stated none the less.
An agreement among parties. AKA concordance. Refer to concordat.
The listing of words in a work. The context is used and the meaning as well. AKA concord.