Company-financed
Revision as of 23:05, 2 July 2020 by EshwaN (talk | contribs) (Created page with "Company-financed is paid for by a company. In the context of testing, in this form, industrial organizations buy test services from independent test laboratories to secure...")
Company-financed is paid for by a company. In the context of testing, in this form, industrial organizations buy test services from independent test laboratories to secure the mark (certificate, seal, label) of the laboratory for their product(s).
Definition
According to Macroeconomics by Mankiw (7th edition),
- Company-financed. Paid for by a company. In the context of testing, in this form, industrial organizations buy test services from independent test laboratories to secure the mark (certificate, seal, label) of the laboratory for their product(s).
