Françoise Clementi

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Tooltip Tags: business

quality circle

Volunteer group composed of workers (or even students), usually under the leadership of their supervisor (or an elected team leader), who are trained to identify,

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quality control

Process by which entities review the quality of all factors involved in production. (source: http://en.wikipedia.org/wiki/Quality_control)

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public tender

A formal, structured invitation to suppliers for the supply of products or services. In the public sector, such a process may be required and determined

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property manager

An individual or company responsible for the day-to-day functioning of a piece of real estate. Property owners typically hire property managers when they are unwilling

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profit margin

Profit margin = sales – cost of products. The ratio of profitability = net profits / sales.

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product line

A group of related products manufactured by a single company. (source: http://www.investopedia.com/terms/p/product-line.asp)

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preferential creditor

A creditor who must be paid first if a company is in liquidation. (source: http://www.investorwords.com/10676/preferential_creditor.html)

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poster

A poster is any piece of printed paper designed to be attached to a wall or vertical surface. Is a frequent tool of advertisers. (source:

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plant

A place where a company will manufacture a good or service. A plant is considered to be a fixed asset.(source: investorwords.com )

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payday

A specified day when one is paid, usually workers collecting wages from their employers. (source: http://en.wikipedia.org/wiki/Pay_Day)

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