Saturday, 20 April 2024, 4:37 AM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
D
Decision-makingThe process or action of making a decision, it involves identifying alternatives and then choosing the course of action. |
DemandDemand refers to all goods the consumer is able and willing to pay for. |
Demand CurveDemand curve is a graphical representation of a consumer showing the relationship between price and quantity of a given item. |
Demand Curve for the Product of the FirmDemand curve for the product of the firm illustrates the quantity of products the firm will be able to sell at each market price. |
Demand ManagementDemand management refers to fiscal or monetary policy aimed at increasing or decreasing demand. |
Demand ScheduleDemand schedule is a table representation of a consumer showing the relationship between price and quantity of a given item. |
Demand-Pull InflationDemand-pull inflation where demand increases and pulls prices up. |
Denotationthe literal meaning of a
word or name. Although Paris might make you think of romance, its denotation is simply the city of an old
tribe called the Parisii |
Dependant clausesDependant clauses – sections of a sentence which rely on each other to generate meaning. |
DepreciationDepreciation is where the value of a currency decreases compared to another currency without interference. |