Examlex
Where one is an agent by conduct, it may equally be said that one is an agent by estoppel.
Repeat Purchases
Instances where customers buy the same product or service from a business more than once.
Supplier Performance Index (SPI)
A metric used to assess, measure, and manage the performance and effectiveness of suppliers in meeting predefined goals.
Preferred Supplier
A vendor that has been vetted and approved by a company due to their reliability, quality of products, or services, often given priority over other suppliers.
Activity Costs
Activity costs are the expenses associated with specific activities in a business, including manufacturing, marketing, or any other operational function, used in activity-based costing methods.
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