Performance Evaluation (What is it, Scope and Objectives)

The practice of the call performance evaluation It’s not new, from the moment the man delegate One job to another, that job began to be evaluated. For years, administrators focused on machine efficiency, as a central point to increase productivity, this theory failed to solve the obstacle of increasing the efficiency. From the beginning of … Read more

5 keys to correctly choose an ERP software

An ERP software can be a very beneficial tool for any company thanks to the implement it provides for its efficiency and the simplification it offers for the information, decisions and effectiveness linked to them. That is why we want to give you some examples in this article about how they can help you and what factors you … Read more

What is an ERP: the complete guide

When managing a business, regardless of its turn and trajectory, it is important to complement human talent with technological tools. For that reason, you need to know what an ERP is! An enterprise resource planning system or ERP (Enterprise Resource Planning) is an administration system that optimizes all operational processes and improves the labor productivity … Read more

Limited society

The Private limited company, also known as LTD, is a type of Mercantile Society that is regulated in the Capital Companies Law and that is mainly characterized by limiting the liability of its partners to the capital contributed. In this way, the Limited Company constitutes an excellent way to protect the personal assets of its … Read more

Categories Law

Types of sampling which can used in commercial investigations

Sampling is a strategy with which brands can meet their audience. In this way, it will be easier for them to design their strategies for marketing, reducing the margin of error and giving you the data or information that most interests you about your products. Go ahead that users already knew the existence of the … Read more

Functional Areas of a Business and its functions: automate them

All areas of a Business and their functions can benefit from the incorporation of automation technologies. Making this decision is necessary to increase agility, reduce costs, improve productivity, reduce delays, minimize errors and improve customer satisfaction. Automation of the different areas of a Business and its functions An automation strategy allows to systematically apply the … Read more

Public Limited Company

The public limited company it is a form of organization in which social capital is mostly in the hands of workers who provide paid services in them. It is assumed that these partners work for the company under an indefinite contract. If you are thinking of this legal form for your business, you need to … Read more

Yield Management

It is a pricing strategy, which are commonly used by hotel companies, airlines and other businesses in fields related to tourism, in order to generate maximum revenue from a perishable inventory. At the time of taking off the plane, it is better to have sold tickets for all seats, even at a lower price, than … Read more

Intrapreneur: Profile that the Business Needs

The intrapreneur try to keep the company afloat with innovation. Its pioneering attitude within the organization guarantees the subsistence of the business and is a source of competitive advantage in itself. To understand the role of the intrapreneur, it is necessary to know well what intrapreneurship is and what it achieves. What is intrapreneurship? Intrapreneurship … Read more

Treasury plan: Elaboration and Function

Will your business have the necessary liquidity? You can answer this question when making a treasury plan. Such a focused planning allows the entrepreneur to improve his ability to deal with obligations and unforeseen events. With this, financial and accounting management are optimized, while preventing legal or bad image problems, such as those that could … Read more

Creating A Business Purpose Statement

Each business has a purpose and many entrepreneurs analyze it while considering how to write the corporate purpose of a company. However, when moving from the approach to writing, doubts arise. There is a difference between the general notion of a purpose (often related to the definition of a brand and the way it attracts … Read more

Company training plan: High performance

The company’s training plan is one of the tools available to HR if you want to achieve a high-performance team. A human group is defined in this way in the work environment, when it consists of people focused on objectives, with experience and complementary skills and capable of collaborating, innovating and producing consistently superior results. … Read more

Bartering in the digital age: types and advantages

Bartering is a trend. This is a way to avoid the use of cash in the company, a business approach that more and more companies are starting to use. Also known as bartering, the bartering is “the action or system of exchanging goods or services without using money.” Have you thought about this way of … Read more

Media Planning: need and focus

What is the media planning process? Current consumers are more trained, informed and more demanding than ever. In your media plan you need to keep in mind that they want their favourite brands to understand their wishes, provide unforgettable experiences and provide consistency from one channel to another. Why is media planning important? As with … Read more

Interim contract: advantages and disadvantages

The interim contract has advantages and disadvantages, both for the company that uses it and for the worker who, in this way, gets a position in the organization. In our country, temporary employment has reached exceptionally high levels, as shown by 27% of workers with contracts of this type in Spain. As published New Grandstand … Read more

Distribution Theory – Definition, what it is and concept

The classical theory of distribution is based on the classical value theory, to explain how the total product of an economy is distributed among workers (wages), capitalists (benefits) and landowners (income). First of all, it should be noted that in this article we do not include Karl Marx as a member of the classical economy, … Read more

Economy for the Common Good – Definition, what it is and concept

The Economy for the Common Good (ECG) is an economic, social and political model based on the values ​​of human dignity, social justice, environmental sustainability and democracy. In 2010, Christian Felber and colleagues began in Austria the “Economy for the Common Good” movement as an economic and social model built through dialogue and democracy. This … Read more

What is Venture Capital

venture-capital

Surely in recent times you have heard on more than one occasion the concept of “venture capital”, but do you know exactly what it is and what advantages it offers you? If you have a small or medium business that is starting to emerge, take good note because you are interested in venture capital. Venture … Read more

Overview of Corporate Finance

corporate-finance

Introduction The corporate finance are those who study the decisions to be taken within a company and how are you affect the financial situation of it. What corporate finance seeks is to increase the value and sustainability of the company, increasing its capital and growing with the decisions made. This study focuses on finding financial … Read more

Official development aid – Definition, what it is and concept

official-development-aid

Official development assistance is the financial funds that developing countries receive in order to boost their growth and economic well-being. These funds come from international organizations, which they receive from developed countries. Developed countries generated a financial commitment in a binding desire, in which they agree that a percentage of their gross national product (GNP), … Read more

Insurance agent – Definition, what it is and concept

insurance-agent

An insurance agent is a registered professional who, through an agency contract, mediates between the insured person who demands a service and the insurance company that offers it in order to reach an agreement between the two in exchange for a fee or commission. That is, this figure has as its main task to put … Read more

Agio – Definition, what it is and concept

Agio is defined as a benefit, commission or profitability obtained with the exchange of currency or the discount of means of payment such as I will pay. In relation to the stock market is the difference between the parity and market value of a security. The word agio actually has several definitions. We have focused … Read more

Aliquot – Definition, what it is and concept

In economics, An Aliquot is defined as that contained in another an exact number of times and is calculated as a percentage or proportion of a total. Therefore, we can say that it has a meaning equivalent to proportional. In addition, its applications are several, including law, taxation or statistics. For example, there are various … Read more

Medium of exchange – Definition, what it is and concept

medium-of-exchange

A medium of exchange is a unit of measure that allows an exchange of goods or services at a specific time and place and that is accepted by all participants. In a simple way, it is a way to exchange merchandise with the intermediation of vouchers or similar that reflect the value of these. The … Read more

Means of payment – Definition, what it is and concept

A means of payment is an instrument that allows you to buy a product, hire services or cancel all kinds of debts. Therefore, we can say that it is a good, such as money, or an instrument, such as a credit card, that allows you to buy something or pay a debt. Money, in fact, … Read more

Credit market – Definition, what it is and concept

A credit market is that financial market in which the participants, who are companies, governments and individuals, exchange instruments of debt Long and short term. In this way, we can say that it is a market in which those who intervene lend or borrow money. We must bear in mind that in this case we … Read more

Domestic market – Definition, what it is and concept

The domestic market is that market which includes all transactions that occur within a country, except for those related to abroad, that is, the exports and imports. Therefore, a market is a mechanism that allows bidders and claimants to reach an agreement through a price. On the other hand, the domestic refers only to that … Read more

Cash Book – Definition, what it is and concept

Cash book or accounting of income and expenses, is the where one made a record of monetary entries and exits, so that a final balance is calculated as the difference between the two. This method is, therefore, a simple entry of each of the accounts, but without counterpart. In this way, it is indicated when … Read more