An incumbency certificate is a document that proves that a person is currently holding a particular office or position. This certificate is usually issued by the organization or company that the person works for, and it can be used to verify the person’s employment status and title. Incumbency certificates can be important for a number … Read more
Split-Offs and Reorganizing Divestitures What are the types of demerger? A demerger is a type of corporate restructuring in which a company splits itself into two or more independent companies. The process can be either voluntary or involuntary, and can be undertaken for a variety of reasons, including to increase shareholder value, to spin off … Read more
Shadowing is a technique used in business to gain a better understanding of a company, its products or services, and its inner workings. By shadowing someone who works at the company, you can get a firsthand look at what they do on a day-to-day basis and how they do it. This can be a valuable … Read more
The sticky wage theory is the belief that wages are slow to adjust to changes in economic conditions. This theory suggests that employers are reluctant to lower wages in a down economy, and workers are reluctant to accept lower wages. As a result, wages can remain “sticky” or slow to adjust, which can lead to … Read more
The articles of association (AOA) for a small business are its governing documents. The AOA define the company’s purpose, how it will be managed, and the rights and duties of its shareholders. The articles are filed with the state in which the company is incorporated. The articles of association can be compared to the constitution … Read more
PIK: What It Is, How It Works, Pros and Cons Is Pik equity or debt? Pik is a type of equity, which represents the ownership stake that shareholders have in a company. Equity is the portion of a company’s capital that is owned by its shareholders, and it represents the residual value of a company’s … Read more
In business, fragmentation is the process of breaking down a larger market or entity into smaller, more manageable pieces. The goal of fragmentation is usually to make a market more accessible or to create new opportunities for businesses within that market. Fragmentation can be accomplished through a variety of means, including geographic segmentation, product segmentation, … Read more
Interpersonal skills are the skills that we use to interact with other people. They include communication, empathy, and problem-solving. When you’re looking for a job, it’s important to be able to demonstrate that you have the interpersonal skills that employers are looking for. Here are some tips on how to do that: 1. When you’re … Read more
“Understanding Payments” refers to the ability to identify and interpret the meaning of various types of payments, including but not limited to, credit card payments, debit card payments, online payments, mobile payments, and paper checks. In order to understand payments, one must be able to identify the different types of payments, as well as the … Read more
In business, a consortium is a group of two or more organizations that work together to achieve a common goal. Consortiums are formed to pool resources, share expertise, and mitigate risks. There are many reasons why consortiums matter. For one, they provide a way for businesses to cooperate without having to merge or form partnerships. … Read more
