An electronic network that connects
computer facilities and computer networks
worldwide through standardized
Specific to e-commerce, a
businessperson or entity that sells a product
or service over the internet.
A method of analysis that
determines whether the cost of government
activity yields more benefits to society than if
it remained in the private sector.
Interstate Commerce Commission Termination Act of 1995
This law eliminated the ICC;
in its place, the Surface Transportation Board
was established within the Department of
Transportation to take over ICC functions.
A method to determine
the most efficient service delivery option—
when several delivery options exist—to
support a successful program. This analysis is
done by using the measures of cost and
anticipated benefits for the competing service delivery options used to support the program
which service delivery alternative (or
combination thereof) will provide the
maximum net benefits. Funds (budget) may
then be allocated appropriately to the
alternative(s) that best support the success of
A private communications network
designed for internal use.
An employee who is assigned to
work on an internal project or idea and is
given the freedom and time to promote
innovation in the process.
All goods or list of goods held in stock,
the contents of a building(s), and property.
Inventory (Holding Cost)
The fees incurred for
the storing of goods held in stock.
Inventory (Supplier Managed)
management practice in which a supplier is
contracted to manage and control the entity's