Thursday, 2 May 2024, 9:11 AM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
D
Distribution of IncomeDistribution of income refers to how the country’s wealth is distributed among the population. |
DividendsDividends – a share of profits received by shareholders |
Division of LabourDivision 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. |
Double Entry ConcepDouble entry concept- in every transaction, there is a DEBIT and a corresponding CREDIT entry. DEBIT-the receiver and CREDIT- the giver. |
Draftthe first, rough
attempt at writing something |
Durable GoodsDurable goods are goods that can be used repeatedly, example furniture. |