@wesley
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wesley replied to the topic Benchmark in the forum Financial Management Terms 7 years, 11 months ago
* A level of quality that can be used as a standard when comparing other things.
* Evaluate by comparison with standard.
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wesley replied to the topic What is balanced budget? in the forum Financial Management Terms 7 years, 11 months ago
A balanced budget refers to a budget in which revenues are equal to the expenditure.
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wesley replied to the topic Apprairal value in the forum Financial Management Terms 7 years, 11 months ago
An appraisal value is an evaluation of a property’s value based on given point in time that is performed by professional appraiser during the mortgage origination process.
The appraiser is usually chosen by the lender, but the appraisal is paid for by the borrower.
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wesley replied to the topic What is encumbrance? in the forum Financial Management Terms 7 years, 11 months ago
* A lien or claim on property that diminishes its value or affects transfer of ownership but does not prevent such transfers.
* A thing that impedes or is burdensome.
* Burden or charge upon property, such as mortgage or lien.
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wesley replied to the topic What is meant by ZBA ? in the forum Financial Management Terms 7 years, 11 months ago
* A checking account will always maintains a balance of zero.
* Whenever a corporation needs to write a cheque, they transfer money into account for the exact sum for which the cheque will be written.
* Once the cheque is cashed there will once again be the balance of zero in the account.
* This helps the corporation avoid having money in too…[Read more]
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wesley replied to the topic What is a Checking Account ? in the forum Financial Management Terms 7 years, 11 months ago
It is a bank account which pays little or no interest, but from which the consumer can withdraw money when he/ she wants by writing cheques.
Checking account is also called as cheques account.
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wesley replied to the topic What is 'just say no' defense in the forum Financial Management Terms 7 years, 11 months ago
A just say no defense is not necessarily in the best interest of shareholders, since board members can employ it even if an offer is made at a significant premium to the current share price.
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wesley replied to the topic What is scheduled time off? in the forum Management Terms 7 years, 11 months ago
A period of time when you do not work because of illness or holiday, or because your employer has given you a permission to do something else.
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wesley replied to the topic Marketing environment in the forum Management Terms 7 years, 11 months ago
Marketing environment is a marketing term and refers to factors and forces that affects a firm’s ability to build and maintain a successful relationship with customers.
It concerns the influences or variables of internal or external environment of the firm that controls marketing management’s capabilities to construct and preserve the flourishing…[Read more]
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wesley replied to the topic Who is an "Interlocutor" ? in the forum Management Terms 7 years, 11 months ago
* A person who takes part in a dialogue or a conversation.
* Individual that actively takes part in a conversation with other individuals, someone who speaks or facilitates in a conversation.
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wesley replied to the topic What is knowledge broker? in the forum Management Terms 7 years, 11 months ago
* Knowledge broker is an intermediary, that aims to develop relationships and network with, among, and between producers and users of knowledge by providing linkages.
* A knowledge broker may operate in multiple markets and technology domains.
* Closely related to the concept of knowledge spillovers.
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wesley replied to the topic price analysis in the forum Management Terms 7 years, 11 months ago
* A process of deciding if the asking price for a product or services is fair and reasonable, without examining the specific cost and profit calculations the vendor used in arriving at the price.
* It is basically a process of comparing the price with known indicators of reasonableness.
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wesley replied to the topic what is mean by low end marketing? in the forum Management Terms 7 years, 11 months ago
Low end market consists of low priced products suitable for customers who are not willing or able to spend large amount of money.
Example: Wal-Mart
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wesley replied to the topic what is 360 degree survey? in the forum Management Terms 7 years, 11 months ago
It is a process utilized by organizations to solicit information from a variety of workplace source on an employee’s work related behaviour and/ or performance.
It is also known as multi-rater feedback, multi-source feedback or multi-source assessment.
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wesley replied to the topic what is mean by attack marketing ? in the forum Management Terms 7 years, 11 months ago
* It is a form of marketing that incorporates a series of creative and strategic techniques used to build and maintain public awareness surrounding a person, place, product or an event.
* Also known as Guerilla marketing or Ambush marketing.
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wesley replied to the topic WHAT IS FREEMIUM? in the forum Management Terms 7 years, 11 months ago
Freemium is a pricing strategy by which a product or service is provided free of charge, but money is charged for proprietory features, functionalities, or virtual goods.
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wesley replied to the topic What is Q Score? in the forum Management Terms 7 years, 11 months ago
Q score/ Q rating/ Q factor is a recognized industry standard for measuring consumer appeal of brand personalities, characters and programs.
Primarily used by the media for advertising and public relation maintenance.
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wesley replied to the topic What is 'CORPUS'? in the forum Financial Management Terms 7 years, 11 months ago
Corpus is the capital as contrasted with the income derived from it.
It is a principal of a bond.
Principal amount of an estate or a trust.
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wesley replied to the topic What is telegraphic transfer? in the forum Financial Management Terms 7 years, 11 months ago
* Electronic method of transferring funds abroad.
* Primarily used for overseas wire transactions.
* A transfer charge is often charged by the sending banks and in some cases by the receiving banks.
* It is also known as telex transfers.
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wesley replied to the topic What is telegraphic transfer? in the forum Financial Management Terms 7 years, 11 months ago
* Electronic method of transferring funds.
* Primarily used for overseas wire transactions.
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