What is environmental accounting?

The term environmental accounting, green accounting, ecological accounting … refers to including within its own accounting elements of the company that refer to the environmental impact produced by its actions. In this way, the gains or losses referred to in the accounting results will not be strictly "monetary", but also environmental. It is a reflection … Read more

What is ecodesign?

Ecodesign is the design that considers actions that are aimed at improving a product or service in a more environmental aspect. This will be achieved throughout all stages of its life cycle (from when it is created to when it is disposed of as waste). It should be said that the concept of ecodesign is … Read more

What is a trade-in?

The concept of swap is very ambiguous, since it generally means one thing, but when another word is applied together it means something else. The swap, itself, is a contract signed by both parties in which the property right of one thing is exchanged for the property right of another thing. The peculiar characteristic is … Read more

What are expenses?

The term egreso comes from the Latin voice left which means exit. In financial terms, expenses are defined as any outflow of money that occurs in a company or society. An output is therefore the output of financial resources in order to meet a payment commitment. But it is also understood by outflow the outflow … Read more

what is an electronic invoice?

The electronic invoice is a commercial type document just like the bill traditional. For this reason, the definition of electronic invoice is understood as a digital document in which it provides the purchase data of the sender and receiver and which will be digitally delivered through automated files. The characteristics of an electronic invoice are … Read more

What is economic cooperation?

Today, economic cooperation is one of the most important challenges to be addressed in the sphere of vertical cooperation between nations. Although it tends to be used as a synonym for financial cooperation, business cooperation and even productive cooperation, there are a number of characteristics that help to clearly define the concept of economic cooperation. … Read more

What is an economic slowdown?

When we talk about economic slowdown, it is not a term that sounds quite right, and the truth is that it is not. It is the period or moment in which economic growth stops working or slows down with respect to a previously measured period. This implies that, for this phenomenon to take place, there … Read more

What is an emerging market?

The term emerging market is used to refer to countries in which there is a process of economic opening, a transition with important reforms and a low per capita income. The reason is that, although the economy is improving, due to openness and reforms, these are countries with a large population. Precisely the disparity that … Read more

Barriers to entry

The barriers to entry in the business field refer to the difficulties and obstacles that a company encounters when accessing a recently created market, product or brand. These barriers can be of different kinds, such as legal, economic or ethical. The term barrier to entry is attributed to Michael Porter, who defined it as one … Read more

What is econometrics?

Bring together statistics, mathematics and economía It has never been easier thanks to econometrics. Today we tell you what it is and what it can be used for or what it can be used for. Econometrics is the branch of economics that studies (from mathematical and statistical models, game theory, …) the interpretation and analysis … Read more