A purchasing agreement is an agreement to buy or sell in advance some of the manufacturer’s products that have not yet been produced, making it easier for manufacturers to obtain financing.
This type of agreement can be entered into in advance, often before the construction of production facilities and before the actual start of production.
Supply agreements can help buyers fix the price and guarantee the supply of the product in anticipation of future demand.
Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control.
The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks.
When a company or government agency buys or leases existing manufacturing facilities to launch new manufacturing activities, this is called an investment in existing facilities.
The Code of Ethics sets out the ethical principles of the organization and the best practices to be followed with respect to honesty, integrity and professionalism.