Meaning of inventory costingInventory means goods- be it complete or even incomplete, for sale, or for own use of a business entity at any… Read Article
Collusive pricing or price collusion is a scenario when several companies agree to set the price of the good or service unanimously. Their objective… Read Article
Business risk is anything that hampers a company from achieving its objectives, such as generating profits. These risks could even threaten the company’s sustainability… Read Article
Meaning of AuctionsThe contract goes to the highest bidder of the products or services if a sale occurs. The opposite happens while purchasing an… Read Article
The current yield is the annual income from a financial instrument or an investment, usually bonds, based on its current price instead of the… Read Article
Meaning of Opportunity CostOpportunity Cost means the cost or price of the next best alternative available to a business, company, or investor. The next… Read Article