Glossary
- 360-degree appraisal
is an evaluation in which input is solicited, usually anonymously, not from just a person’s managers, but also from coworkers, customers, and subordinates
- 401(k) plans
are defined contribution plans in which pretax dollars are invested in a bundle of investments that are generally managed by an outside investment company
A
- Absolute advantage
is the ability to produce more of a good or a service than any other country
- Accounting
involves tracking a business’s income and expenses by recording its financial transactions
- Acquisitions
occur when one company completely buys out another company
- Actual product
is the tangible aspect of the purchase that you can touch, see, hear, smell, or taste
- Administrative law
refers to ...
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