Examlex
On what basis are people hired to be part of the Senior Executive Service?
Break-even Point
The break-even point is the point at which total costs equal total revenue, meaning that a business or project is neither making a profit nor suffering a loss.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
Net Margin
A profitability metric calculated as net income divided by revenue, expressing the percentage of revenue that remains as profit after all expenses are deducted.
ISO 9000
A set of international standards on quality management and quality assurance developed to help companies effectively document the quality system elements required for maintaining an efficient quality system.
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