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FrançaisInformation that, if disclosed, could prejudice a supplier’s commercial interests e.g. trade secrets, profit margins or new ideas. This type of information is protected through Confidentiality Agreements.
Read MoreCommission
Compensation given by a principal to a party (usually an agent, intermediary, or sales representative) representing it. Sales commission, a percentage of the selling price (usually without including transportations costs), is the most commonly way to pay sales services in…
Read MoreCommission agent
An international agent who is paid a percentage of the sales he or she generates. The Agent offers products to potential clients in an assigned territory (usually a country), strictly in accordance with the sale conditions indicated to it by…
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The process used to test equipment to verify that it functions according to its specifications.
Read MoreCompetitive intelligence
Competitive intelligence is the gathering of publicly-available information about an enterprise’s competitors and the use of that information to gain a business advantage. The goals of competitive intelligence include discerning potential business risks and opportunities and enabling faster reaction to…
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