Quota

A quota is a prescribed number or share of something.

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In common language, especially in business, a quota is a time-measured goal for production or achievement. An assembly line worker might have a quota for the number of products made; a salesperson might have a quota to meet for weekly sales; a police officer might have a quota for tickets issued or arrests made. In trade, a quota is a form of protectionism used to restrict the import of something to a specific quantity (Sawyer & Sprinkle, International Economics, 2nd Edition , 2003, p 157). The number of cars imported from Japan may have a quota of 50,000 vehicles per annum to protect auto manufacturers in the United States.

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In proportional representation, a quota is a lowerbound on the number of votes needed to be elected. There are a number of such schemes:

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• Droop quota
• Hagenbach-Bischoff quota
• Hare quota
• Imperiali quota
• Ross quota

In computing:

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• disk quota

In affirmative action:

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• Racial quota

In immigration:

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• Emergency Quota Act

In IMF

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• IMF Quotas

Business: Business refers to at least three closely related commercial topics. The first is a commercial, professional or industrial organization or enterprise, generally referred to as "a business." The second is commercial, professional, and industrial activity generally, as in "business continues to evol...

Production: In microeconomics, production is the act of making things, in particular the act of making products that will be traded or sold commercially.in national accounts and macro-economics, production is an activity by which transactors use inputs to produce outputs; more specifically, economic production ...

Assembly line: An assembly line is a manufacturing process in which interchangeable parts are added to a product in a sequential manner to create an end product....