Expenses that are not normally included in the purchase price for a piece of equipment or machine e.g. maintenance, supplies, training, support and upgrades.
Read MoreHigh context cultures
In this type of cultures managers and executives use and interpret more of the elements surrounding the message to develop their understanding of the message. In high context cultures the social status and knowledge of the person and the social…
Read MoreHinterland logistics
The hinterland is the land or district behind a coast or the shoreline of a river. Specifically in logistics, the word is applied to the inland region lying behind a port, claimed by the state that owns the coast. The area from…
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