Thursday, 18 April 2024, 10:57 PM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
C

Contractionary Policy

Contractionary policy refers to either monetary or fiscal policy aimed at counteracting inflation.

Contribution

Contribution – the difference between sales and variable/direct cost. It is as good as gross profit for a retail business.

Control

The definition of control is power to direct, or an accepted comparison model in an experiment, or a device used for regulation.

Convergence

The merging of distinct technologies, industries, or devices into a unified whole

Cooperative Relationship

The cooperative relationship is more of a network, although it a loose one. More people in the supplier’s organisation are getting involved with the customer, not only the key accounts manager.

Corridor

A linear orientation of transport routes and flows connecting important locations that act as origins, destinations and point of transhipment. Corridors are multi-scalar entities depending on the types of flow being investigated. Thus, they can be composed of streets, highways, transit routes, rail lines, maritime lines, or air paths.

 


Cost of Equity

The cost of equity is the return a company requires to decide if an investment meets capital return requirements. ... A firm's cost of equity represents the compensation the market demands in exchange for owning the asset and bearing the risk of ownership.

Cost Reduction

Cost reduction is a planned positive approach to reduce expenditure.

Cost-Push Inflation

Cost-push inflation where supply decreases and pushes prices up.

Counter-Argument

An argument or set of reasons put forward to oppose an idea or theory developed in another argument.