That is customary to mention or cite as GDP corresponds to an acronym that summarizes the expression of Gross Domestic…
Browsing: Definitions
Definitions explain the meaning of a word or phrase, acting like a mini-dictionary in two lines. They often provide: The general category the word belongs to (e.g., noun, verb, adjective).The specific meaning within that category (e.g., “house: a building for living in”).
The market is a social institution that establishes the conditions for the exchange of goods and services. In the market,…
The resource management, consists in the efficient management of these means, which can be both tangible and intangible. The objective…
The notion of administration can refer to the structure, operation, and performance of an entity. A company, on the other…
The ratio is a word recognized by the Royal Spanish Academy that is used as a synonym of reason, in…
Profitable is that which yields a profit or benefit periodically. The concept is linked to revenue (renewable income that yields…
A niche is a concavity that is used to place something. It can be an opening in a wall to…
The word monopoly mentions to a definite market situation. In it, a producer or seller is the only one who…
The micro economics is the analysis of economic activity from individual behavior. It is a concept developed in opposition to…
A micro business or micro-enterprise is a small company. Its definition varies according to each country, although, in general, it…