The terms used in business such as Questionnaire, Quota ,Rack Rate, Raid, Rainmaker,Real Estate etc.
This post explains about terms used in business such as Questionnaire,Quota ,Rack Rate,Raid,Rainmaker,Rat Race ,Rate of Return,Reactive Marketing,Real Estate etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.
The terms used in business
Questionnaire - A form containing a list of research or survey questions for people to answer, so that information can be gathered for analysis
questionnaire: A data-gathering form used to collect information by a personal interview, with a telephone survey or through the mail.
Quid Pro Quo - An equal exchange that a person or firm makes with another person or firm.
Quorum - the minimum number of people needed at a meeting for it to proceed and make any decisions.
Quota / Contingent :Quantitative restriction on the import or export of a product either as a general rule or, as is more often the case, on the basis of its country of origin or destination.
Quota - An official allocation of something, or a limited amount of people allowed. A fixed amount of something, e.g. sales, which must be reached.
Quota - The quantity of goods of a specific kind that a country permits to be imported without restriction or imposition of additional duties.
Quotation / Cotation :Amount stated as the price according to tariff for certain services to be provided or issued to a customer with specification on conditions for carriage.
Quoted Company - A company whose shares are listed on the Stock Exchange.
R&D - Research and Development. Investigative work carried out by a business to improve and develop products and processes.
R&D: Stands for 'research and development'. Businesses conduct research and development to innovate, create new products and find better ways of doing things.
Race Relations Act - A British government Act, introduced in 1976, making it unlawful to discriminate against someone because of their colour, race, nationality or ethnic origin.
Race To The Bottom - A phrase said to be coined by US Supreme Court Justice Louis Brandeis. A situation in which competition between nations could result in lower standards, cheaper wages, poorer working conditions, etc.
Rack Rate - The full price of something before discounts have been offered, especially hotel rooms.
Racketeer - A person who makes money through illegal business or crime, such as extortion, bribery, fraud, etc.
Raid - On the Stock Exchange, a situation where an individual or company makes a hostile bid to take over another company by buying a controlling interest in the company's shares.
RAID - Redundant Array of Independent Disks. On a computer, a way of storing data by spreading it across multiple disks, therefore providing greater security, faster access, etc.
Railway Receipt (R.R):It refers to a document, which the railway company gives to the consignor acknowledging the receipt of the goods for carriage. It shows the quantity of the goods to be transported and the amount of freight to be paid. It is a document of title to the goods.
Rainmaker - An employee, often an executive, who brings a lot of business and income to a company.
RAM - Random Access Memory. In computing, the place where current data is stored while a computer is being used. The data is removed when the computer is switched off.
Random Sample - Often used in research, a method of sampling members of a large group, such as a population, in which everyone has an equal chance of being selected.
random sampling: an unbiased sampling technique in which every member of the population has an equal chance of being included in the sample. Based on probability theory, random sampling is the process of selecting and canvassing a representative group of individuals from a particular population in order to identify the attributes or attitudes of the population as a whole.
Rank And File - The ordinary members of a group, such as enlisted troops in an army, or members of a union, who have no power.
Rat - Slang term for an informer, or to inform, typically for personal gain. Rat is also a verb, meaning to inform or betray.
Rat Race - The exhausting, competitive struggle and routine of working and living in a large town or city.
Rate Band - A specific geographic area so designated for the purpose of applying a specified rate structure.
Rate Card - A printed list of charges and details regarding advertising costs on television, radio, websites, newspapers, etc.
Rate Center - A geographically specified point used to determine mileage dependent rates.
rate of interest: a percentage charged on a loan or paid on an investment for the use of the money.
Rate of Return - The amount of profit or loss generated by an investment, expressed as a percentage of the total sum invested.
rate of return: an accounting ratio of the income from investment to the amount of investment, used to measure financial performance.
Ratification - giving authority to an act that has already been carried out.
Ratify - To sanction formally. Validate an agreement with a vote or signature.
Rating Agency - A company which assesses and rates businesses on their credit-worthiness and/or their ability to repay debts.
Ratings Point - The measure of a size of an audience, i.e., one point equals one per cent of all households watching a television program or listening to a radio station at a particular time.
Ratio Analysis - A study of a company's financial statements which show the relationships between items listed on a balance sheet and gives an indication as to whether the company can meet its current obligations.
ratio: The relationship of one thing to another. A "ratio" is a short-cut way of comparing things, which can be expressed as numbers or degrees.
Reactive Marketing - Describes when companies or businesses wait for customers to contact them in order to buy their products or services.
Ready-To-Wear - Describes clothing that is produced in standard sizes and designs and sold as finished products in retail outlets.
Real Appreciation/Depreciation - A change in the purchasing power of a currency.
Real Estate - Also called Realty. Property consisting of land with permanent structures on it, such as buildings, walls, fences, etc.
Real Exchange Rate - A measure of the nominal exchange rate that has been adjusted for inflation differentials since an arbitrarily defined base period.
Real Time - In computing, systems which receive information and update it at the same time.
Realignment - The coordinated revaluation and devaluation of the currencies of several countries.
Real-time ANI - The term "Real-time ANI" refers to the delivery of calling party ANI to customers using Sprint's Real-Time ANI.
The above details describes about terms called in business such as Questionnaire, Quota ,Rack Rate,Raid,Rainmaker,Rat Race ,Rate of Return,Reactive Marketing,Real Estate etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in overseas trade below this post.Terms used in trade such as Pyramid Selling ,qualified lead,Quality assurance,Quality,Quantity Surveyor etc.
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