The rate bands have been widened and some of the personal allowances have increased.

The International Organization for Standardization (ISO) is a nongovernmental worldwide federation whose mission is to promote the development of standardization (have weights, measures, etc., conform to a standard). The ISO believes standardization facilitates the international exchange of goods and SERVICES; its efforts result in international agreements reducing or eliminating technical barriers to global trade.

See REQUEST FOR PROPOSAL, INVITATION TO BID.

Investment clubs are a popular way for Americans to learn about and become involved in STOCK MARKET investing. In an investment club, members agree to contribute a set amount of MONEY each month, often $50; review and evaluate stock choices; and make INVESTMENT decisions based on member voting.

Investment banking, also called I-banking, refers to the financial services provided by investment bankers. Until 1933, commercial banks participated in activities that are now purely investment-banking activities, such as UNDERWRITING.

Investment can refer to either economic investment or financial investment. Economic investment is the purchase of new productive ASSETS�buildings, equipment, computers, etc.�that are used to produce goods and SERVICES. Financial investment is the use of CAPITAL (MONEY) to generate hoped-for PROFITS. Financial investment includes the purchase of shares of stock in a company, other securities, or assets with the goal of selling them at a higher price.

Inventory control is the management of raw materials, work in process, and final goods. Inventory control attempts to minimize costs while avoiding production stoppages, the cost of idle workers, and the potential for lost sales due to not having sufficient PRODUCT available to meet market DEMAND.

Interviewing job candidates is an important part of any business organization�s efforts to succeed and prosper. From an employer�s perspective, numerous issues and legal concerns are involved in business interviewing. From a job candidate�s perspective, interviewing is a skill that can be developed for successful hiring.

The Interstate Commerce Commission (ICC) was established in 1887 to regulate surface transportation in the United States as a response to market manipulation and control of railroads during the AMERICAN INDUSTRIAL REVOLUTION. The ICC was the first regulatory commission in U.S. history, but from 1887 until 1906 it had little control over the transportation industry.

Business internships are opportunities for students to experience working in a company or industry; they can be paid or unpaid, part-time or full-time, and can last a semester, a summer, or a year.