Glossary

The term PIPO is used to define the change in value between two foreign exchange y literally means percentage point. Specifically, PIPO defines the minimum possible variation in the value of a currency pair. Most of the major currency pairs have a value that is expressed to four decimal places. PIPO means that the value … Read more

The interest groups in a company they are very important. They are those people who are interested or who care about what our company does, the decisions it makes and the results that are obtained. That is why, they will focus on those concepts that really matter to them, compared to others that not so … Read more

The meaning of Public Offer of Sale (OPV) refers to the sale of a part of the shareholding of a company by the company itself or by shareholders. An OPC is part of the Secondary market, since at no time does it involve the issuance of new shares and only includes a change in ownership. … Read more

The concept of periodicity refers to the obligations that a company has in terms of the results it obtains throughout the same accounting cycle or financial year. According to this definition of accrual, all companies will have to demonstrate and clarify all their income and expenses. In addition, in terms of accounting, accrual is included … Read more

Even though there may be confusion between pension funds and pension plans, it is important to note that they are two different concepts, although necessarily linked. A Pension plan is a financial product marketed by the bank or financial institution, which aims to complement, in its day, the pension of retirement. When the corresponding contract … Read more

The concept of public administration refers to the set of public sector agencies that are dedicated to administrative tasks and manage other agencies, institutions and entities belonging to the State. The main objective of the Public Administration is to be able to establish relations between the government (in the form of institutions) and the people. … Read more

A potential customer is a user who has a high probability that in the future they will become a regular customer and purchase one of our products or services. However, the peculiarity of this type of customer is that the purchase is not made, and they can become customers if they really manage to do … Read more

The concept of product line refers to the grouping of articles that are related to each other by some of their characteristics. It may be due to distribution, price, reason for use or segmentation. In the field of marketingAs regards product strategy, it is one of the levels into which the product hierarchy is divided. … Read more