The word monopoly mentions to a definite market situation. In it, a producer or seller is the only one who exploits a good or a service, which gives it great power and gives it a privileged position. Some examples where the term appears: «The telephone service was for years in the hands of a monopoly that charged abusive rates, » «If this company goes bankrupt, consumers will be left at the mercy of a monopoly, » «The government accused the newspaper of wanting to develop a monopoly.” A monopoly exists when in the market economy there is a single seller…
Author: marketing2business
A micro business or micro-enterprise is a small company. Its definition varies according to each country, although, in general, it can be said that a micro-enterprise has a maximum of ten employees and limited turnover. On the other hand, the owner of the micro-enterprise usually works in it. The creation of a micro company can be the first step of an entrepreneur when it comes to organizing a project and take it forward. By formalizing their activity through a company, the entrepreneur has the possibility of accessing credit, having retirement contributions, and having social work, for example. It’s vital to…
A niche is a concavity that is used to place something. It can be an opening in a wall to deposit a vase, a statue or other decorative element. It is also the concavity formed to place the coffins in a cemetery. For example: “I have to go to renew the niche of the grandfather,” “With that lifestyle, it will not take long to end up in a niche.” Nor can we ignore the fact that there is a natural space called El Nicho, which has become one of the best exciting and beautiful attractions and charms that exists in…
Definition of Net Profit. The utility is the interest or benefits you get from something. The concept comes from the Latin utilities, which means “useful quality.” In particular, we can add that it is made up of the following parts: “uti,” which is synonymous with “being able to be used”; “-Ilis,” which is indicative of “possibility” and the suffix “-dad,” which is equivalent to “quality.” This term was widely used in the field of economics and finance to name the gain that is achieved from a good investment . This means that if a person invests $ 1,000 in the…
Point is a term with multiple meanings: in this case, we are interested in its meaning as a physical place or site. Sale, on the other side, is the process and the result of selling (giving the property of a good to another subject, who will pay a certain price already agreed to keep the product in question) With these definitions in the clear, we can refer to the notion of point of sale. It is the commercial premises in which various products are obtainable for sale. A person who wants to buy something, therefore, can approach a point of…
The statement that reflects how much cash keeps someone after expenses, interest, and capital payments. The expression that in the field of Accounting is known as cash flow statement, therefore, is a type of accounting parameter that provides information about the movements that have been made in a certain period of money or any of its equivalents. Operating activities, investments, and financing are part of the categories contemplated in the framework of the cash flow statement. The operational cash flow indicates the cash received or invested as a result of the company’s basic activities. The cash flow of investment does…
To regulate the etymological origin of the two main words that shape the term, we have to go to Latin. Thus, in this language, we find the fact that the plan comes from the word planus that can live translated as “flat.” Meanwhile, contingency emanates from the contingent plan concept that Remian the result of the union of three parts: the prefix with – which equivalent to “meeting”, the verb tangere that synonymous with “touching” and finally the suffix – encia that can determined that its meaning is equal to “quality”. A contingency plan is a type of plan preventive,…
The term entrepreneurship is not part of the dictionary of the Royal Spanish Academy (RAE). It is about the effect of the undertaking, a verb that refers to carrying out work or business. Entrepreneurship is usually a project that develops with effort and facing various difficulties, with the resolution of reaching a certain point. The most common use of the concept appears in the field of economics and business. In this case, an enterprise is an initiative of an individual that assumes an economic risk or that invests resources in taking advantage of an opportunity offered by the market. The…
Before it starts the definition of the term financial projection, it is important that we proceed to know the etymological origin of the two words that shape it. Projection derives from Latin, more specifically from “protection”, which can be translated as “action and the effect of throwing something forward.” Financier, on the other hand, emanates from the French “financier,” which is equivalent to “paying a debt” and which, in turn, comes from the Latin “finis” (end). The notion of projection is used in different ways. In this case, we are intent in its meaning as that planning or forecast that…
The tax special indirect taxes are applied character on the consumption of certain goods or services (such as alcohol or hydrocarbons). They are linear with no relation to disposable income. Special taxes are taxes that have a specific application because they only affect a certain group of goods and services that, given their characteristics or effects, are chosen by the government or the tax authority to be subject to a particular tax. Characteristics of excise taxes Excise taxes have the following basic characteristics: Indirect : they fall on consumption, which is an indirect expression of a person’s wealth Real :…