Da Damage limitation : The process of trying to limit or curtail the amount of damage or loss caused by a particular situation or event. Damages: Damages are pecuniary compensation given by the process of law to a person for the another has done him. Dangerous offender: A person who has committed a serious personal […]
Tag: buying
GLOSSARY BUSINESS ADMINISTRATION – Words starts with Cu
Cu Cube farm: An open office which is divided into cubicles. Cum- means’with’ : A cum price includes the right to any recently declared divided or right share or bonus share. Culpability : Blame or liability for harm or damage to others from Latin colpa meaning fault. Currency bloc : A group of countries that […]
GLOSSARY BUSINESS ADMINISTRATION – Words Starts with Cr and Its Meanings
Cr Craft union: It is an organisation of workers employed in a particular craft trade or occupation. Therefore such unions lend to be well lenity and cohesive. Crayola: Items of little importance or poor quality rubbish. Crash cost : The cost associated with the normal time is called normal cost and the cost associated with […]
What are all the Functions of Marketing and Process
A. Exchange Functions: Buying- Buying is the one part of exchange process, other being the selling. Buying is the first step in the process of marketing. A manufacturer has to buy raw materials for production, a wholesaler has to buy goods to sell to the retailer, and a retailer has to buy goods to be […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with CO
Co Commission : Payment to an agent for selling something. Commitment : The extent to which the employer are committed to their work and organisation has a significant bearing on an organisation performance. Committee: Found in every large organisation. Committee organisation : A committed is a group of person entrusted with certain task. Communication: Communication […]