Customer To Customer (C2C)

Customer To Customer (C2C)

Consumer to Consumer (C2C) is the business model that promotes trade between private individuals, also known as ‘Citizen-to-Citizen’. Traditional markets include business to consumer interaction,…
Capital Intensity in Economics

Capital Intensity in Economics

Capital intensity is the infusion of high amounts of capital in a business or production process and therefore requires a higher proportion of fixed assets…
Railway Receipt (R.R)

Railway Receipt (R.R)

Railway Receipt (R.R) means the receipt issued by Railway Administration on acceptance of goods and which entitles the consignee to the delivery of the goods…
Business-To-Consumer (B2C)

Business-To-Consumer (B2C)

The term business-to-consumer (B2C) is the type of trade transaction in which companies offer goods or services directly to customers. Most companies which sell to…
Business-To-Business Advertising

Business-To-Business Advertising

Business-To-Business Advertising (also known as B2B advertising, or BtoB advertising in some countries), refers to any marketing campaigns targeted at other companies rather than individual…
Bimetallism

Bimetallism

Bimetallism is a monetary system where the value of the money is based on two different metals. It is a system of allowing the unrestricted currency…
Modified Accelerated Cost Recovery System (MACRS)

Modified Accelerated Cost Recovery System (MACRS)

The Modified Accelerated Cost Recovery System (MACRS) is the existing framework approved in the United States (U.S.) for calculating tax deductions for depreciable assets (other…
Social Media Marketing (SMM)

Social Media Marketing (SMM)

Social media marketing (SMM) is a content creation that promotes business vendors or products on a social media platform like Facebook, Instagram, Twitter or LinkedIn,…
Consumption Of Fixed Capital (CFC)

Consumption Of Fixed Capital (CFC)

The term Consumption of fixed capital (CFC) is used for the depreciation of Fixed Assets in business accounts, tax assessments, and national accounts. Fixed assets…
Quotation

Quotation

A quotation is a document that a supplier submits to a potential client with a proposed price for the supplier’s goods or services based on…
Alternative Depreciation System (ADS)

Alternative Depreciation System (ADS)

The alternative depreciation system (ADS) approach measures depreciation using a straight-line method, which divides the difference between the cost of the asset and estimated value…
Frictional Unemployment in Economics

Frictional Unemployment in Economics

Frictional Unemployment is the unemployment that exists in any economy due to people being in the process of moving from one job to another. It…
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