![]() ![]() This can occur when the scope of a project is not clearly defined, documented or controlled. Scope creep (also known as requirement creep):Uncontrolled changes in a project's scope. Scientific Advertisement:A scientific advertisement is one that involves a scientific method of analysis, classification, assembling, conclusion, testing of the conclusion, and finally application of the tested conclusion in the field of advertisement. Schism - A split or division in a group into opposing factions, caused by differences of opinion. Iceland and Norway are also parties to this convention. Italy (1990), Spain (1991), Portugal (1991), Greece (1992), Austria (1995), Sweden, Finland and Denmark (1996) have joined the list of signatories. It requires the modification of domestic laws and is subject to parliamentary ratification. It defines the conditions for application and the guarantees for implementation of free circulation. The Schengen Convention was signed on 19th June 1990 by these five countries. ![]() Schengen (agreement and convention) / Schengen (accord et convention) :The Schengen Agreement refers to the agreement signed on 14th June 1985 at Schengen between Germany, Belgium, France, Luxembourg, and the Netherlands, aiming at progressively removing border controls at their common borders and allowing free movement of all persons who are nationals of the signatory States, from other States of the Community or from third countries. Scheme Of Arrangement - In the UK, a legal agreement between a company and its shareholders and/or creditors in which the company will pay what debts it can as an alternative to bankruptcy. Schedule Bank:The bank whose name is included in the schedule of the Central Bank of a country is called a schedule bank. Every item that is exported is assigned a unique 10-digit identification code. ![]() Transactions are classified under approximately 8,000 different products leaving the United States. Schedule B commodity codes are 10-digit numeric codes used to identify products that are exported to other countries from the US and it is based on the international Harmonized System. The US Bureau of Census is responsible for publishing the Schedule B codes. Schedule B: In the United States, numbers used to classify exported products are called “Schedule B” numbers. Typically felt by individuals with low self-esteem. Malicious pleasure derived from the misfortune and suffering of others. Schadenfreude - German word derived from Schaden (damage, harm) and Freude (joy). Scenario Analysis - A process of asking “What if?” using scenarios that capture key elements of possible future realities. Scarcity Value - A situation where the more scarce an item is, the more its worth. Scam - a deliberate and targeted deception designed to obtain money or information unlawfully. A system which can work on a small or large scale according to demand. Scalability - The ability of a computer network, software, etc., to expand and adapt to increased demands of users. Also describes someone who accepts work or replaces a union worker during a strike. Scab - A derogatory term for an employee who refuses to join a trade union, or who continues to work during a strike at their workplace. SBS :School Business Services, a division of FBS. Money is available to small businesses under a variety of agreements. SBIC (Small Business Investment Corporation):SBICs are licensed by the SBA as federally funded private venture capital firms. The State Board of Education is charged with supervising and administering “the free public school system and the education funds provided for its support.” The Board consists of the Lieutenant Governor, the Treasurer, and 11 members appointed by the Governor and confirmed by the General Assembly in Joint Session. They provide management assistance to entrepreneurs and new business owners. SBDC:Small Business Development Centers are are located throughout the United States and are administered by the SBA. SBC (Small Business Centers):These 12 GSA centers located throughout the United States can help you tap the multi-billion-dollar GSA "market" for goods and services. SBA loan: A loan that qualifies for a guarantee from the U.S. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish. This post explains about terms used in business such as Small Business Centers, SBA loan,Scalability,Schism,Scope creep,Scorched-Earth Policy,Scrip,SD Card ,Sealed Bid etc. The terms used in business such as Schism,Scope creep,Scorched-Earth Policy,Scrip,SD Card ,Sealed Bid etc. Posted on 10 April 2023 Category : Business Terms ![]()
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