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Monday, 29 April 2024, 6:33 PM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
D

Direct Investment

Direct investment includes all transactions where the investor gains control of a business, either through establishing a new business or by buying shares in an existing business.

Direct Labour

Direct labour – is the effort of personal creating a product.

Direct Material

Direct material – primary/raw material to be converted into a finished product through a manufacturing process.

Direct Relationship

Direct (positive) relationship shows two variables which are causally linked increasing or decreasing simultaneously.

Direct Taxes

Direct taxes are taxes levied on individuals or companies.

Disequilibrium

Disequilibrium refers to all prices and related quantities above and below equilibrium.

Distribution Effects

Distribution effects refer to the redistribution of income between sectors of the economy as a result of inflation.

Distribution of Income

Distribution of income refers to how the country’s wealth is distributed among the population.

Dividends

Dividends – a share of profits received by shareholders

Division of Labour

Division of labour is when workers are divided into tasks as part of a continual production process according to their skills, example a labourer who works on a production line.