What is tooling?

A definition of tooling is the set of tools or utensils that can be used independently or in conjunction with machinery, including templates and molds. They are responsible for optimizing the execution of operations within the manufacturing process through the positioning and fastening of parts to a reference system to perform actions of different characteristics. … Read more

What is a transferor?

A transferor is the person or act of renouncing an asset, a right, a acción or a security in favor of another person or entity. This usually happens in exchange for a contraprestación, either monetary or in goods equivalent to it, unless it is a donation. There are two people in this act: the transferor, … Read more

What is an A / B Test?

The definition of A / B Test refers to the development and launch of two versions of the same element to measure and check which one works better. In the field of digital marketing industry This test is used to optimize an email marketing strategy or improve the effectiveness of a landing page. What is … Read more

What is truncation?

Truncation implies the possibility of replacing the original documents with computerized records for collection through payment systems. It is a procedure by which the entity that takes a document transmits the information about it to the released entity, without the need to send the original document "truncated" to carry out the operation. The documents that … Read more

What is the tertiary sector?

The tertiary sector also known as the service sector is responsible for offering goods, products or services to the population, which in a large majority of cases of the secondary sector through the manipulation of the raw material generated in the primary sector, all with the intention of satisfying your needs. This definition of the … Read more

What is the trade deficit?

El faiteth It is a situation that occurs when expenses are higher than income, which leads to a significant shortage of money. There are different types of deficit in the economic sphere; typologies that include the fiscal, foreign, structural, conjunctural and private sectors. This time we are going to focus on the second classification group … Read more

What is an economic trend?

A trend is the direction that the prices of the analyzed assets move. This occurs when there is an imbalance between supply and demand, that is, when demand exceeds supply, prices tend to rise, that is when there is talk of an upward trend. Quite the opposite of when we talk about a downtrend, which … Read more

What is a progressive tax?

Are you going to have to assume a progressive tax and do not know what this entails? The progressive tax is one of the classifications into which the various taxes that are part of the financing of a State are divided. The problem is that, as with many of the economic terms employees in our … Read more

What is Taylorism?

Taylorism refers to the division of different tasks in the production process in order to increase the productivity and avoid that there is control over workers. This theory of the organization of work was developed by the American economist Frederick Winslow Taylor, hence the system bears his surname. It is a concept that is closely … Read more

What is a tribute?

In economic terms, a tribute is a type of payment or contribution that the members of a society make on a mandatory basis to the State, which is supposed to distribute this income according to the needs of the country or region. Taxes are usually paid based on a taxable event, which is the circumstance … Read more