Friday, 26 April 2024, 2:38 PM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
G
GAAPGAAP – General Acceptable Accounting Practice |
Gini CoefficientGini coefficient measures the degree of inequality using the Lorenz curve, and is expressed as an index. |
GlobalisationThe process by which businesses or other organizations develop international influence or start operating on an international scale. |
GoalsGoals reflect personal ambitions and wants, and to succeed, goals need to be formally set. In short, goals are highlighting what a salesperson wants to achieve, and how they will do so. |
Goods MarketGoods market is a market where goods and services are traded. |
GovernmentGovernment refers to all levels of government, from local councils to national government as well as all state owned enterprises. |
Government ExpenditureGovernment expenditure refers to spending by all levels of government. |
Government SpendingGovernment spending includes all spending by government in the form of government consumption spending, capital expenditure, transfers and debt repayment. |
Grammar"The study or use of the rules about how words change their form and combine with other words to make sentences" Cambridge English Dictionary |
GraphGraph is a visual representation of the relationship between two or more variables. |