• Priceages Magazine

ABC

Activity-Based Costing. Aims to provide a dynamic and realistic means of calculating the true cost of doing business.

Assets

All of a Company’s physical or intellectual property that has no financial value.

Benchmark

A standard or point of reference.

Paradigm 

 A pattern, model, or framework.

80/20 Rule

 The belief that 80% of the effects come from 20% of the causes.