Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a fork of the Bitcoin blockchain. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed. Is BCH better than BTC? Bitcoin Cash (BCH) is a cryptocurrency that was created as a fork of the Bitcoin (BTC) blockchain in … Read more
Real time gross settlement (RTGS) is a funds transfer system where transfers are processed and settled in real time, all day long. RTGS is typically used for high-value transactions, such as large corporate or government payments. It is also used for transactions that need to be settled urgently, such as securities trades. RTGS systems are … Read more
Multi-level marketing (MLM) is a marketing strategy in which a company sells products or services through a network of independent distributors who are compensated not only for sales they generate, but also for the sales of the other distributors they recruit. This structure is also sometimes referred to as a pyramid scheme. What is multi-level … Read more
Gross revenue is the total revenue earned by a company before any deductions or expenses are taken out. This is the top line figure that is typically reported on a company’s income statement. Gross revenue is also sometimes referred to as gross sales. How do you calculate gross revenues? Assuming you are referring to Gross … Read more
Should-cost analysis (SCA) is an evaluation of the cost of a product or service that includes a detailed examination of all the factors that contribute to its price. The purpose of SCA is to identify opportunities for cost reduction without sacrificing quality or performance. SCA begins with a thorough analysis of the product or service’s … Read more
Gross domestic product (GDP) is a measure of the value of all goods and services produced within a country in a given period of time. It is often used as a measure of a country’s economic performance. What is an example of a GDP? An example of a GDP would be a measure of the … Read more
An acquisition plan is a set of guidelines that a company uses to determine how it will acquire new products or services. The plan typically includes a budget, timeline, and criteria for evaluating potential vendors. It may also specify the roles and responsibilities of the team responsible for executing the plan. The goal of an … Read more
The list price of a product is the price at which the manufacturer recommends that the product be sold. The list price is usually the highest price that a product will be sold for, and is typically set by the manufacturer. Is list price same as cost price? No, list price is not the same … Read more
An ERP Book of Business is defined as a collection of master data records that pertain to a specific area of business activity within an enterprise. These records may be related to customers, vendors, products, inventory, financials, etc. The ERP Book of Business is used to support various business processes and transactions within the enterprise. … Read more
An inflection point is a point on a curve at which the curvature changes from concave to convex, or vice versa. In other words, it is a point where the curve changes from being ” bowed” in one direction to being ” bowed” in the other direction. The term is often used in mathematics, economics, … Read more
