20 Terms
Home > Industry/Domain > Business services > Consulting
Consulting
The business of providing professional or expert advice to a commercial business or public institution.
Industry: Business services
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Consulting
bonus
Business services; Consulting
A payment to a firm's employees additional to their normal pay. test
arm's length interval
Business services; Consulting
Fair price range to determine if a transaction between to related companies is made at an acceptable price.
certificate of coverage
Business services; Consulting
It's a certificate that states, when someone is working abroad, that this person is still subjected to legislation of his country of origin.
cross-training
Business services; Consulting
Providing training in several different areas or functions. This provides backup workers when the primary worker is unavailable.
arm's length principle
Business services; Consulting
According to this principle, prices for transactions between related companies must be established based on the prices determined by independant companies.
disturbance allowance
Business services; Consulting
Typically a one-off lump sum payment to compensate for the general upheaval and incidental expenses associated with moving because of the job.
