Examlex
Define enterprise information systems, and describe their characteristics.
BAT Model
The Behavior, Attitude, Technique (BAT) Model is a framework used for improving sales effectiveness and training by focusing on the behavior, attitude, and techniques of sales personnel.
Fixed Cost
Expenses that do not change with the level of production or business activity, such as rent, salaries, and insurance premiums.
Opportunity Rate
The return a company foregoes by investing capital in one project over a potentially more profitable alternative.
Lockbox System
A service provided by banks to companies for the receipt of payment from customers, involving the direct sending of payments to a location accessible by the bank, which then deposits the funds into the company's account.
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