European Monetary System (EMS) The European Monetary System (EMS) was a 1979 multilateral adjustable exchange rate agreement in which members of the European Economic Community (now the European Union)…
Exchange Rate Mechanism (ERM) The exchange rate mechanism, or ERM, is a method of setting and stabilizing exchange rates by limiting the amount of movement in the value of…
Advantages of Value Engineering In the engineering stages of a project, value engineering is a creative, team-based approach to seeking and selecting the best alternative for achieving a function…
To Increase Creativity, Use Incentives Efficiently According to a new study by management experts at Rice University, Tulane University, the University of North Carolina at Greensboro, and National Taiwan Normal University,…
Bear Raid A bear raid is an unlawful activity of conspiring to drive the price of a stock lower by coordinated short selling while disseminating unfavorable rumors…
Poop and Scoop (Business) The technique of disseminating rumors or false information about security in order to cause the security’s price to decrease is known as “poop and scoop”…
Wash Trading Wash trading, also known as round trip trading, is a kind of market manipulation in which speculators purchase and sell the same financial assets at…
Seven C’s in Communication Communication is essential in both business and personal interactions because it allows us to exchange information, understand one another’s points of view, and plan and…
Bilateral Trade The exchange of products between two countries to promote commerce and investment is known as bilateral trade or clearing trade. It is commerce that takes…
Subscription Agreement A subscription agreement is a written agreement between a corporation and an investor to acquire shares in the company at a certain price. Limited partnership…
Concept of Value Added Statement (VAS) A value added statement (VAS) is a statement that shows a company’s net added value over a specific time period on its total transactions. The…
Accredited Investor An accredited investor, sometimes known as a sophisticated investor, is an individual or institutional investor who has satisfied the Securities and Exchange Commission’s (SEC) standards.…