Economics

Economics

basics of economics

Industry: Economy

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Economics

Heterogeneous shopping goods

Economy; Economics

Shopping goods perceived by consumers as markedly different in quality and attributes; price is consequently less important.

Hidden objection

Economy; Economics

An unstated objection which a prospective buyer has to a product offered by a salesperson.

Accelerated Commercial Release Operations Support System (ACROSS)

Economy; Economics

A Canada Customs system to speed the release of shipments by allowing electronic transmission of data to and from Canada Customs 24 hours a day, 7 days a week.

In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit of production. The fixed costs are usually allocated to units of ...

Acceptable Quality Level (AQL)

Economy; Economics

In quality management, when a continuing series of lots is considered, AQL represents a quality level that, for the purposes of sampling inspection, is the limit of a satisfactory process average.