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Consumer Product Safety Commission (CPSC)
A
federal regulatory agency established in 1972
for the purpose of protecting individuals from
unreasonable risk of injuries or death
associated with the use of a good or service.
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Consumerism
The promotion or protection of the
interests and rights of the buyers of a good or
service.
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Consumption
The purchase and use of goods or
services.
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Consumption Rate
The pace at which items are
used or expended during a given time interval.
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Container
A receptacle used to hold goods
during transport (e.g., railcar, truck trailer).
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Containerization
The process of packing goods
into large, separate containers (sometimes
referred to as “cubes”) for shipment to a final
destination.
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Contingency Planning
Planning that applies to
issues resulting from a crisis, emergency, or
interruption of a critical service.
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Contingent Fee
A commission, percentage, or
other fee that is conditional upon the success
that a person or concern has in securing a
contract.
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Continuity of Operations Plan (COOP)
A detailed
strategy developed to ensure the continuation
of essential functions during an emergency
that results in the inability of an entity to
provide essential services to its constituents.
The COOP must be a fluid and dynamic plan
capable of being immediately adjusted and
modified depending on the situation. A welldeveloped
COOP addresses the people,
processes, systems, and infrastructure
elements that will be needed to continue to
perform essential functions during a disaster
or emergency situation. Also referred to as a
Business Continuity Plan.
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Continuous Improvement
Methodology that
seeks to improve processes, goods, or
services over time. See also: Total Quality
Management (TQM).
