Business

Customer Acquisition Cost (CAC) is the money that’s expended on convincing a buyer to make a purchase. In other words, the CAC refers to the…

Retained earnings represent a business firm’s cumulative earnings since its inception, that it has not paid out as dividends to common shareholders. The cost of…

As the term implies, customer bonding is the process through which a company or organization establishes connections with its clients. Customer loyalty grows over time…

Capital is defined as “All those man-made goods which are used in further production of wealth.” In economics, capital consists of assets that can enhance…

A foreign direct investment (FDI) is a speculation made by a firm or individual in one country into business intrigues situated in another country. Enduring…

A foreign direct investment (FDI) in a company located in a country other than the foreign direct investor’s. Lasting interest distinguishes FDI from international portfolio…

The aim of a customs union is to make free trade with each other easier for member countries. The union eliminates the administrative and financial…

Capital deepening refers to an increase in the proportion of the capital stock to the number of labor hours worked. It is a situation where…

Re-insurance is insurance for insurance companies. This refers to a contract of insurance for the second time. It is also known as insurance for insurers…

Concept of Cost of Retained Earnings The cost of retained earnings is the cost to a corporation of funds that it has generated internally. It…

Unemployment occurs when there are people who are willing and able to work but don’t have a job. Classical unemployment occurs when real wages are…

Customer satisfaction (often abbreviated as CSAT) is the extent to which a company’s goods or services fulfill the standards of the consumer. It is a…