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by Laurus Nobilis
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Business Dictionary:

Abbreviations and Terms



A-B      C-D      E-G      H-K      L-N      O-P      R-S      T-W

ABC Inventory Management refers to managing inventories differently based on a classification scheme. Read More

Above The Line Marketing - ATL - The segment of marketing activities focused on media campaign ( TV, Radio, newspapers, Internet ) Read More

Accounts payable - The amount which the company owes to its supplier for materials purchased on credit.

Accounts receivable - The amount owed to the company by customers for sales made on credit.

Accumulated depreciation - The sum of all the past depreciation expenses on the fixed assets; the portion of the value of the fixed assets which has been 'used up' so far.

Accumulated profit/loss - The total of all profits made up to and including the current period and retained in the company.

Activity Based Costing is process of asigning costs to products and services. Read More

Amortization is the portion of non-fixed assets value which is allocated to each period of its use, based on the estimated length of its useful lifetime. Read More

Assets - The items owned by the company at the moment at which the balance sheet is drawn up; alternatively understood as the uses of the company funds available.

Average costing - Accounting method by which the cost of all the goods is averaged equally across the total quantity.

Bad debts - Money owed to the company by debtors who default on their debt.

Balance sheet - The basic financial statement which provides a snapshot of the company situation at a particular moment of time, recording the assets and liabilities of the company... Read More

Balanced Scorecard is a management and reporting tool based on measuring of key performance indicators versus predefined strategic objectives. Read More

Bar Code is the machine-readable code that is applied to the products in order to be quickly identified and processed by scanning. Read More

Below The Line Marketing - BTL - The segment of marketing activities focused on retail outlet ( Positioning, Merchandising, Outlet Branding )... Read More

Backward Stock – Reserve stock in the outlet placed in the storeroom. This stock is not directly accessible to the Consumers. Store Managers and Employees are managing stock between shopping area ( Forward Stock ) and the Store Room ( Backward Stock ).

Best Practice – represents method that is believed to be the best ... Read More

Book value - The value at which an item appears in the company accounts (as opposed to its market value or current value).

Bottle Neck in the process is a constraint or a unique item ... Read More

Brand awareness... Read More

Brand definition ... Read More

Brand Equity - can be literally translated as market value of the brand... Read More 

Business Case is structured proposal for business improvement that functions as a decision package for organizational decision-makers... Read More

Business Plan is a statement of long-range strategy and revenue, cost, and profit objectives usually accompanied by budgets, a projected balance sheet, and a cash flow statement... Read More


A-B      C-D      E-G      H-K      L-N      O-P      R-S      T-W

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Biz Development Articles

Strategic Management

About Entrepreneurship | Vision | Mission | Management Tools - General | S.M.A.R.T. Concept | S.W.O.T. Analysis | Porter's 5 Forces | Risk Analysis | Price Cut | Customer Centric Approach |

Performance Management

IDP | Feedback | Situational Leadership | Blake-Mouton | Leadership Style | Employee Readiness | Leadership Balance | Archiving Procedure | Effective Communication | Change Management |

Human Resources

Employee Turnover | Maslow's Theory | Decision Making | Judgement | Workplace Ergonomics | Workplace Management | Exit Interview | How To Apply For A Job

Sales Force

The Sales Call | Route Visit Planning | FMCG Sales Boosting | Point of Sale Display | Product Lifecycle | Elasticity of Demand | Aggregate Demand | Aggregate Supply | Demand and Supply Equilibrium |

Marketing Management

Marketing Mix | e-Book Publishing | Expanding the Market Footprint | Price | Promotion | Advertising | Public Relationship | Activating The Shopper | Public Relationship | Market Share |

Supply Chain

Lead Time | Globalization Economy | X-Functional Demand Forecasting | Demand Forecasting | Segmentation of Products | Product Segmentation Matrix | Stock Out Measurement |

Finance Management

Revenue | Profit | Revenue Growth Management | Price Elasticity | Balancing the Pricing Strategy | Basic Pricing Strategies | Price Elasticity of Demand | 3 Basic Financial Statements | Cash Flow | Price Determination |

Case Studies

Ultimate Cost | Business Finance Basics | Weekly Volume Leveling | Shifts of Supply and Demand |

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