JOFOC at Business Glossary

What is it? See Justification for other than full and open competition.

Business Dictionary Term Definition Added By: Alyssa

Send To Friends!

If you'd like to send the JOFOC definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of JOFOC. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Business Terms:

Business Term Cashand equivalents is The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and Bankers Acceptances. Cash equivalents on balance sheets include securities (e.g., notes) that mature within 90 days.

Business Term GUI is The Graphical User Interface has broadened the use of computers by making them easier to use for non-technicians. The (ironically over-complex) term Graphical User Interface refers to the way in which information is displayed as icons in on-screen windows with pull-down menus from which users can select specific options by pointing a mouse and clicking its button. Such systems often rely on the intuition of users, leading them through processes without the need for an instruction manual or intensive training.

Business Term In Bond Shipment is An import or export shipment which has not been cleared by Customs and is transported, stored, or handled with security to the government provided by indemnity bonds.

Business Term Foreign Remittances is The transfer across national boundaries of any kind of funds.

Business Term E-commerce is Electronic commerce is the term broadly applied to the growing practice of selling products and services over the internet. Both business-to-business and consumer sales are increasing as companies establish web sites which enable customers to order direct over the internet and pay by transferring funds or giving credit card details.