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Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making.
The point of no return (PNR or PONR) is the point beyond which one must continue on one's current course of action because turning back is no longer possible, being too dangerous, physically difficult, or prohibitively expensive to be undertaken. The point of no return can be a calculated point during a continuous action (such as in aviation ...
Wages are the return to labor—the return to an individual's involvement (mental or physical) in the creation or realization of goods or services. Wages are realized by an individual supplier of labor even if the supplier is the self.
Carol M. Rose, in a 1986 article, discussed the concept of the "comedy of the commons", where the public property in question exhibits "increasing returns to scale" in usage (hence the phrase, "the more the merrier"), [212] in that the more people use the resource, the higher the benefit to each one. Rose cites as examples commerce and group ...
A with-profits policy (Commonwealth) or participating policy is an insurance contract that participates in the profits of a life insurance company. The company is often a mutual life insurance company, or had been one when it began its with-profits product line.
For example, some hybrid Internet access services use a one-way cable television system for the forward channel and a dial-up modem for the return channel. Even when the return and forward channels use the same medium, their differences often dictate the use of very different data modulation and coding techniques.