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Business glossary

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Qualification payment - An additional payment sometimes made to employees of New Zealand companies, who have gained an academic qualification relevant to their jobs.

Qualified lead - A sales prospect whose potential value has been carefully evaluated through research.

Quality - All the features and characteristics of a product or service that affect its ability to meet stated or implied needs.

Quantitive Restrictions (QR) - Restrictions on trade, generally in the form of quotas, that limit the quantity or a good or service that can be imported or exported. Another form of quantity restriction is a VER, or Voluntary Export Restraint.

Questionnaire - A data-gathering form used to collect information by a personal interview, with a telephone survey or through the mail.

Quid Pro Quo - The English translation is "a favor for a favor".

Quota - The quantity of goods of a specific kind that a country permits to be imported without restriction or imposition of additional duties.



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