-
Gross Domestic Product (GDP)
The total value of
goods and services produced in a country
during a specific time period.
-
Gross Income
Net revenue to the seller after the
seller's cost of the good or service and the
cost of any efforts to sell the good or service
are deducted from the sales price. (Schiller
2000)
-
Gross National Product (GNP)
Total value of
goods and services produced in a country for
one year, plus the net income from foreign
investments.
-
Gross Negligence
Extreme reckless disregard for
or indifference to the safety or other negative
consequences to others because of a
violation of a duty of care.
-
Gross Weight
Weight of an item, including the
container and packing materials.
-
Group Purchasing Organization (GPO)
An
organization created by, or on behalf of,
groups of buyers of related categories and
markets to form a purchasing consortium.
See also: Cooperative Procurement.
-
Groupthink
A circumstance in which a group
reaches consensus without critical reasoning,
often stifling creativity and individual voices.
-
Groupware
Software that enables collaborative
participation on a project by a number of end
users.
-
Growth Rate
The percentage of change for a
defined variable within a stated time period.
-
Guarantee
1. To warrant or insure performance or quality.
2. A warranty.
3. A written assurance attesting to the quality or
durability of a product.
