Estimator, Estop, Ethics




Estimator, Estop, Ethics :




Estimator : the one whose job is to estimate. An important and crucial function in a company that deals in the manufacturing of a product or service package that is tailor made as per a project’s or client’s needs, as in advertising, construction or certain types of manufacturing, the job of the estimator is to calculate the expected or anticipated cost of the project for his or her company as well as for the client.



Estop : the act of prevention or stopping one from denying or claiming something that certain previous statements, the person’s own acts or court’s earlier findings, have contradicted.



Ethics : the branch of knowledge that deals with the standards of conduct and morality. In practice, the term ethics describes the conduct or behaviour that a sensible person exhibits under normal circumstances. Apart from this, the establishment of code of ethics has been done by many trade groups, whose code of ethics, address the specific areas that are inherent in their business or industry.




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