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| Damages |
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| Financial payments for loss and related suffering awarded by the Courts following legal action |
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| Debenture |
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| A bond backed by the reputation of the issuing corporation rather than by specific pledges of assets |
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| Debit |
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| Bookkeeping entry recording an increase of an asset, a decrease of a liability or a decrease of owner’s equity |
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| Debit Card |
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| A coded plastic access card that allows the cardholder to make electronic transactions such as payments or transfer and includes withdrawals of cash from Automatic Teller Machines and other authorised retailers |
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| Debt Capital |
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| Funds obtained by borrowing |
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| Debt Ratio |
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| A financial ratio designed to measure the extent to which an organisation relies on debt financing in its operations |
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| Debt to Owner’s Equity Ratio |
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| A financial ratio that measures the extent to which a company’s operations are financed by borrowed funds. Calculation: Total liabilities / Owners Equity |
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| Decentralisation |
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| A management policy or practice, which empowers a team or subordinates to exercise powers to conduct certain activities |
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| Decision Making |
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| The process of choosing between two or more alternatives by recognising the problem, identifying and evaluating alternatives, selecting and implementing the best alternative and evaluating the effectiveness of the decision at a stage when the action of the decision has taken effect |
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| Delegation |
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| The act of assigning a manager’s duties to subordinates OR a group of people attending a conference or seminar for a particular purpose. |
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| Demand |
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| A schedule that shows what consumers will buy ar various price levels See Also Supply |
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| Demand Curve |
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| A schedule of amounts of a good or service that will be demanded at different price levels. See Law of Supply and Demand |
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| Democratic Leader |
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| A Leader who involves subordinates in making decisions |
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| Departmentalisation |
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| The sub division of work activities into work units within an organisation. Other forms extend to customer, geographic, process and product departmentalisation |
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| Depreciation |
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| A non-cash expense related to the writing down of a long-term asset to its current book value over the years in which it is used to generate revenue for a business |
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| Deregulation |
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| The move to eliminate legal restraints on competition in various industries often currently dominated by monopolies |
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| Devaluation |
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| The reduction in value of a country’s currency in relation to gold or some other form of base commodity |
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| Digital Computer |
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| A computer commonly used in day-to-day operation of business that provides the means to collect and store and store data and carry out computations on the data. Use of these in home situation is now a world wide phenomenon |
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| Directing |
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| Part of the management cycle of guiding and motivating subordinates to accomplish the objectives of an organisation |
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| Disability Income Insurance |
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| Health insurance designed to protect the insured from loss of income whilst disabled as a result of an accident or illness |
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| Distribution Channel |
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| A marketing term that defines the “channel” or route that a product or service will take from the producer to the consumer |
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| Distribution Strategy |
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| A marketing term used when determining the requirements for the physical distribution og goods and services, the channels to be used, the need for others in the chain of supply ie middlemen, range of products know as the marketing mix, pricing and methods of promotion |
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| Distribution Warehouse |
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| A place of storage for products for a short period of time from which deliveries are coordinated to organisations in the supply chain and includes the end user if appropriate |
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| Diversity |
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| A measure of the breadth and scope products and services being provided by a business, made at the strategic business unit level. |
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| Dividend |
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| A payment made to shareholders by a Board of Directors following the declaration of profits made by a company |
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| Domestic Corporation |
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| A firm that operates within the country or state in which it is incorporated |
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| Dow-Jones Averages |
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| Stocks and shares averages based on the market prices of selected industrial sectors to provide a general measure of market activity over a given time period |
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| Dumping |
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| Selling goods abroad at a price lower than that charged within the domestic market |
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