The stages of production of a product They are the different phases in the manufacturing process that a product has. Many may think that production me...
The retail It is the process of selling products or services for mass consumption to customers, through multiple distribution channels, in order to ob...
The effective rate It is the interest rate that is actually earned or paid on an investment, loan or other financial product, due to the result of the...
A certified check It is a type of check by means of which the issuing bank verifies that there are sufficient funds in the account to cover the amount...
The Value of money over time is the concept that indicates that the money available at the present moment is worth more than the same amount in the fu...
A private company It is a commercial company owned by non-governmental organizations, or by a relatively small number of shareholders or members of th...
The potential market it is the part of the market that can be captured in the future. Includes all people who are not buying from the company today, b...
The Bank deposit It consists of placing funds in a bank or other financial institutions for safekeeping. These consignments are made when depositing i...
A economic entity it is one of the assumptions made in generally accepted accounting principles. It establishes that the activities of the entity must...
