Hearing that a country is prospering or prosperous is a sign that there is good news, but … what does it mean? Prosperity when the quality of life of a country is not (necessarily) related to economic growth or possession of goods, but to service in a given region and period. Normally, some parameters that … Read more
The definition of the product life cycle consists of the evolution and sales history of a product or service in a market over time. Thus, due to the meaning of the product life cycle, we understand that the monitoring of sales in the same market is directly linked to marketing. In addition, for its part, … Read more
A prescriber is a person who has the ability to influence the people around him when he speaks or comments on a product or business. This concept may resemble that ofbrand ambassador, Although it is not the same because this figure does not have to be someone with a lot of fame, but someone who … Read more
The concept of the price level of a country refers to the weighted average of the prices of the main goods and services. Weighted goods and services are normally related to the importance given to them in the country, depending on the best before date attributed to them by the people or the national production … Read more
The concept of private equity is a type of financial activity that consists of the purchase by an entity specialized in investment capital of another company with high growth potential in exchange for controlling a majority percentage of its actions. In this way, it would become the main owner of the company momentarily, since the … Read more
A promissory note is a document by which a person or company agrees with another to pay an amount of money in a specified time. These promissory notes are credit titles, since the person who receives them has the right to collect and demand payment from the person who issued it. The concept of promissory … Read more
Total utility is understood as the total satisfaction achieved by a person for the consumption of a certain amount of goods or services. It is an economic concept that is calculated from the sum of the profits that the consumption of goods and services contributes to an individual, so that this type of utility increases … Read more
The concept of packing list is used for the export of goods abroad, to non-EU countries. The definition of packing list is a list with a list of the contents of the package that helps to complete the information regarding the invoice and that must be issued by the sender or person who sends it. … Read more
In economic and financial terms, performance is defined as the profitability obtained after an investment. The return on an investment is usually expressed as a percentage. A percentage that is calculated based on the invested capital. The concept of yield is also often used in various areas and sectors to refer to the output obtained … Read more
The payroll is the amount of money that workers receive every certain period of time for the services provided to the company. As a general rule, payrolls are usually paid monthly, and are of the same amount, regardless of the days you have in the month (28, 30 or 31). The concept of payroll is … Read more
