Efficiency Ratio: Definition, Formula, and Example.

What is the efficiency ratio? The efficiency ratio is a financial metric used to assess a company’s ability to generate profits from its operations. It is calculated by dividing a company’s operating expenses by its operating income. A higher efficiency ratio indicates a more efficient company. What is efficiency in financial ratio? There are many … Read more

What is a market segment?

Market segmentation is a process that divides the total market of a service or in several groups of a smaller size and that internally are presented as homogeneous. The aim of this segmentation is to know consumers a little more in depth and identify similar groups of customers with the aim of adapting the product … Read more