Business Terms and Jargon Explained

What is Quality control

This is when a person or machine checks the quality to see if it meets the minimum expected value. Bench mark tests from the industry and legal requirements will dictate the methodology used and standard required to meet the tests. Failing the test can mean the whole batch is rejected and an investigation into what the cause is.

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BIMBO Counterparty Zaire
Case stated NGO Competitive Advantage
Compellable witness Leone Official Receiver
Proprietor Utter Virement
Private Motor Vehicle Voir Dire Statutory register
Free Waiver BYOD
Marketing Plan B2C Import VAT
Adjusted earnings Bancassurance Hedging
Time Sheet Federal Reserve Custody time limit
Principal Place of Business Beneficiary Full Cost Pricing
Mission statement BTW Know your client
Business Impact Secondary Home TMI
Alternate bid Parental leave policy Guardianship order

Term created / updated 2020-01-03 17:26:23

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