Stage of negotiation , when the buyer and seller deliberate upon the amount of profit.
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PROFIT PRICING
Price fixing mechanism where the price of a good is fixed upon by adding a certain amount of profit to the total cost.
PROFIT RATIO
Profit ratio is the profit remaining after tax over the amount of sales, with a certain specific yearly time frame.
PROFIT SHARING
an arrangement on a corporation or company where employees can share in business profits.
PROFIT SHARING PLAN
An incentive to align the interest of the employee with the firm by offereing a percentage of firms’ profit as the income of the employees.
PROFIT SYSTEM
A form of economic ideology where profit remains the final goal, and no intervention by the government is done. This is one of the products of the capitalist ideology.
PROFIT TAKING
Selling of actual assets to transform their paper value into actual profit.
PROFITABILITY
Difference between the total income minus total input cost. Often measured by price over earlning.
PROFITABILITY INDEX
Is is the ratio of cash flows to the initial investment. A value more than 1 points toward a high returns project and lower than 1 reflects low returns project.
PROFITABILITY RATIOS
1. A set of actions clearly defining the key allocation of resources , the main objective, the main workers involved and their respective work load. 2. Computing: Set of specific […]
PROFITEERING
Large profit pocketing by a firm by the means of artificial scarcity, abuse fo dominant position. Normally, there are no government control over profiteering .
PROFITS
labor, capital, and the materials and motive forces afforded by nature. Of these, labor and the raw material of the globe are primary and indispensable . Natural motive powers may […]
PROFORMA EARNINGS REPORT
A financial statement of profits excluding exceptional costs and gains. They do not conform to the accounting rules abnd must be interpreted with care.
PROGENER
Lat. In the civil law . A grandson-in-law. Dig. 38, 10, 4, 6.
PROGNOSIS
Evualutation of past track record ofa firm and projecting the future based on the aforementioned recrods. This is done to make an estimate of the future cost, implications of those […]
PROGRAM ANALYSIS
Rigoros analysis of each component of the project to determine the requirements and feasibility in view of avilable resources.
PROGRAM BUDGET
Preparation of a budget using program description , in lieu of the expense line items.
PROGRAM EVALUATION
Detailed analysis of a process according to a set of pre-defined parameters, to determine the success of project completition (according to the expected result).
PROGRAM EVALUATION AND REVIEW TECHNIQUE (PERT)
Categorisation of different aspects of a peject according to time taken by individual aspect. Project is further bisected intro events and activities, with are placed in relevant order (called paths). […]
PROGRAM EVALUATION AND REVIEW TECHNIQUE (PERT) CHART
Moving media representation og the activities of a project and its stages, their relationship with other aspects of the project.
PROGRAM LENGTH COMMERCIAL
Commerical which has the same length as the regular video or television program.
PROGRAM MANAGEMENT
A coordination amongst various related projects, resulting in related objectives.
PROGRAM TRADING
1. Digital ordering and purchase of securities on the online portal of the stock exchange . 2. Digitial analysis of stock market price movements and automatic response causing a sale […]
PROGRAMMABLE LOGIC CONTROLLER (PLC)
Connection of a device with a microcomputer to perform switiching, timing or machine controlled task.
PROGRAMMED LEARNING
A mode of teaching in which the student is offered some information and is enquired some questions, a correct answers leads the student to the next step and a wrong […]