The concept of remuneration in the field of the economy and employment refers to the wage or salary in the form of money or kind that a person receives for his work. This amount will depend on what was previously established under a contract and within the legal requirements established by labor law. The collection … Read more
If the relative frequency is the result of dividing the Absolute frecuency of a certain value between the total number of recorded data, the relative absolute frequency will be the number resulting from dividing the accumulated frequency by the total number of records. This concept is extremely important in understanding the accounting, since it helps … Read more
The definition of ROA is economic profitability or profitability of the assets. It is the acronym for Returns on Assets. What is sought with the concept of ROA is to measure the profitability of the company. The formula for calculating ROA is very simple. It would be the profits of a company between assets or … Read more
The definition of economy of scope refers to the decrease in operating expense of two or more products or services jointly by a company. In a more formal way it could be ensured that the economy of scope is that the cost per manufactured unit of creating something individually is higher than manufacturing it together … Read more
The relative frequency in accounting terms, refers to a statistical mean by which the number of times that the same event is repeated within a given time can be obtained. These statistical data, which show the relative frequency, help us discover how the same event or event is repeated or how often. Now we are … Read more
El retail It is one of the most determining valves of the economy of a country, and for this reason, it is essential to carry out periodic reports to control its evolution and its influence on the growth rate general. The Retail Trade Index (ICM) is a conjunctural indicator that helps to understand how this … Read more
When we talk about international relations, there is a great world of possibilities that must be studied: from treaties, to agreements, alliances, pacts, etc. All this makes society more homogeneous and secure when it comes to being what it is, a society. Today we are going to talk about one of the most important concepts … Read more
Reshoring is an increasingly common trend, especially among companies that had opted for reshoring. relocation of part or all of its production towardsemerging countries. Also known by the name of backshoring, reshoring is therefore based on the return to the country of origin of previously relocated production processes. Origin of reshoring For a long time, … Read more
The concept of rating refers to the representative index of the level of risk with which the debt issues of companies are rated. To make this judgment, they take as a reference both the historical valuation and the expectations that are expected in the future. The assessment carried out on the financial risk the obligations … Read more
The concept of rural economy refers to the branch of economía that studies rural economies. These types of economies are those related to agricultural activities, to the study of agricultural enterprise mechanisms and to helping to define the rural-agricultural sector in the corresponding economic context. For further information, rural economies include agricultural and non-agricultural industry; … Read more
