Marketing P-Text Pacific rim includes the countries around the shores of the Pacific ocean including Japan and the western seaboard of the United States and Canada. May be used to send strong messages to customers. Parallel processor High-performance computer which uses numerous microprocessors to process a number of pieces of information at the same time. Participation involves employees and make them committed to their task.
Partnership see Trading organization .
Partnership marketing involves close collaboration and mutually advantageous relationships with linked distributors in the supply chain. Partnership souring is the use of a supplier with whom the organization has a long-term relationship including new product development and efficiency improvements. Party manifesto is a program of intended policies if successfully elected. Payback method is a method of investment appraisal. Penalty clause Clause in a contract providing for a specific sum to be payable in the event of a subsequent breach.