This term could be said to be a mix between financial and legal concepts, which means that we have to have a basic understanding of both. In general, the term loss of profit refers (according to article 1106 of the Civil Code) to the profit that has ceased to be obtained as a result of … Read more
The concept of supply consists of the logistics function through which a company is provided with all the necessary material for its proper operation. The definition of procurement is also similar to terms such as supply or provisión. Provisioning role The provisioning function takes place from the need for a service or object that must … Read more
Pop up stores are stores that brands temporarily install in places with a lot of traffic to promote or publicize a certain good or company service. The main objective ofpop up is that the stores generate a certain interest in the users who see them and come to see what it is about, generating expectation … Read more
The definition of present value is the current value of an amount of money that we will receive later in the future. To calculate the present value it is necessary to know two aspects, on the one hand, the money flows that we will obtain and a rate that allows these flows to be discounted. … Read more
The meaning of profit margin is the difference between the sale price and all the fixed and variable costs involved in the marketing process and in the maintenance of the company. Knowing the profit margin will be important in business planning. Types of profit margin Basically you have to distinguish between two types of profit … 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
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 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
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
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
