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Return of investment-measures the amount of return on an investment relative to the

investment's cost.
experiment design-Experimental design refers to how participants are allocated to
the different conditions (or IV levels) in an experiment
time chart-a chart indicating the standard times of certain parts of the world
corresponding to a given time at a specific place.
design of experiment-Design of experiments (DOE) is a systematic method to
determine the relationship between factors affecting a process and the output of
that process. In other words, it is used to find cause-and-effect relationships.
partnership-A partnership is a business with multiple owners, each of whom has
invested in the business.
gantt chart-A Gantt chart is a type of bar chart that illustrates a project
schedule. This chart lists the tasks to be performed on the vertical axis, and time
intervals on the horizontal axis. The width of the horizontal bars in the graph
show the duration of each activity.
organizational chart-An organizational chart is a diagram that outlines the
internal structure of a company.
indirect labor-Indirect labor is the cost of any labor that supports the production
process, but which is not directly involved in the active conversion of materials
into finished products.
direct labor-Direct labor is production or services labor that is assigned to a
specific product, cost center, or work order.
fringe-an extra benefit supplementing an employee's salary, for example, a company
car, subsidized meals, health insurance, etc.
demand - Demand in economics is how many goods and services are bought at various
prices during a certain period of time
supply-a stock of a resource from which a person or place can be provided with the
necessary amount of that resource.
market share-the portion of a market controlled by a particular company or product.
benchmark-Benchmarking is comparing one's business processes and performance
metrics to industry bests and best practices from other companies.
depreciation-a reduction in the value of an asset with the passage of time, due in
particular to wear and tear.
overhead cost-Overhead refers to all non-labor expenses required to operate your
business.
asset-property owned by a person or company, regarded as having value and available
to meet debts, commitments, or legacies.
liability-A liability is a company's financial debt or obligations that arise
during the course of its business operations.
equity-A stock or any other security representing an ownership interest.
organic-noting or pertaining to a class of chemical compounds that formerly
comprised only those existing in or derived from plants or animals, but that now
includes all other compounds of carbon.

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