Addresses participation in the corruption of foreign governments by U

1. Foreign Corrupt Practices Act [FCPA]

Addresses participation in the corruption of foreign governments by U.S. corporations. This law makes it illegal to bribe or attempt to bribe a foreign government official in order to obtain or maintain business over which that foreign official has authority or influence.

2. Gray Market

This type of market features the importing and trading of goods by firms for which the importer has not been appointed by the manufacturer as official distributors of the product generally below manufacturer's existing national price schedule.

3. Merchant Wholesaler

A firm primarily in wholesaling activity.

4. Non-compete clause

A contract clause that prohibits a firm or individual from being involved with a similar business for a period of time in return for considerations.

5. Nonstandard product

Any custom, or unboxed, or other product that can not be handled by the standard infrastructure for that industry.

6. Sub-distributor

One of the types of resellers that may be at the next lower level from a distributor in a channel of distribution.

7. Tariff

A comprehensive list or 'schedule' of merchandise with applicable duty rates to be paid or charged for each listed article together with the governing rules and regulations of their application.

8. Transfer Pricing

This is a method of setting intra-company pricing that reflects arms-length, most favored customer, and tax implications that are consistent with governmental guidelines.

9. RONW

The return on net worth [RONW] financial management tool basically looks at the relationship of net profit to net worth.

10. SPM

The strategic profit model [SPM] is a financial tool that examines the relationships of net profit to total assets and net profit to net worth.