Equal Credit Opportunity Act (ECOA)
The Equal Credit Opportunity Act (ECOA) is a United States law passed in 28th October 1974 in order to provide equal opportunities for all people…
Business
Disadvantages of telephone in business communication
Telephone technology has increased dramatically over the last few years, making this issue a little more complicated in the post-Smartphone world. Telephones are a necessary…
Regulatory Capitalism – capitalist systems of governance
Regulation changes the way politics is carried out, how society is organized, and the governance of economic production and exchange. Regulatory capitalism suggests that the…
Dirigisme – an economic doctrine
Dirigisme means state control of economic and social matters. It is also known as, dirigisme, is an economic doctrine in which the state plays a…
Crony capitalism – an economic system
Capitalism is an economic system in which private individuals or businesses own capital goods. Crony capitalism is an economic system characterized by close, mutually advantageous…
Advantages of Telephone in Business Communication
An efficient business telephone system streamlines good communication between organizations and customers. The most popular device to communicate orally is the telephone. It connects people…
Customer Engagement Score (CES)
A single quantitative measure that assesses customer loyalty and free trial prospects is the Customer Engagement Score (CES), also known as the engagement score. It’s…
Degree of Combined Leverage (DCL)
The degree of operating leverage measures the effects that operating leverage has on a company’s earnings potential and indicates how earnings are affected by sales…
Export Trading Company (ETC)
An export trading company (ETC) is a company or an organization that works with different organizations associated with the trading industry. It offers help administrations…
Corporate Welfare – a financial assistance
Corporate welfare is financial assistance, like tax breaks or subsidies, given by the government to profit-making companies, especially large corporations. This term is often used…
Delivered At Place (DAP)
Delivered at place (DAP) is an international trade concept which means that when the goods are delivered at the hands of the customer, the seller…
Voicemail in business communication
Voicemail records real-time messages from callers so you’ll never have to worry about missing an important call. It is a kind of e-communication where a…
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