What is the Central Bank?

The central bank of a country is an entity with a relevant role in a country since it functions as a monetary authority, that is, has the function of issuing the money that is in circulation; In other words, you are in control of legal money. In addition to this function, other political attributions fall … Read more

What is a trade agreement?

We speak of a commercial agreement to refer to the bilateral agreement that occurs between the companies or states that participate in the pact. The main objective of this type of agreement is to satisfy the needs of each of the parties involved, in order to increase the possibilities of commercial exchange between companies or … Read more

What is private consumption?

La macroeconomía It is a theory that studies the global indicators of the economy; among them, private consumption and public consumption. Both are essential to understand the economy of a country, know its forms of investment and shape the total spending of the nation. But what exactly is private consumption? How is it different from … Read more

Entry fee

The concept of entry fee is the amount charged to each franchisee by the franchisor at the time of joining the business. It is charged once the contract is signed, although some franchises they also facilitate payment in installments. For some it implies a kind of tax, although the banners insist that it is money … Read more

What is the trade surplus?

Did you know that the superavitis it a situation that is very positive for the economic and financial situation of a country? In effect, when we speak of surplus we are referring to the phenomenon that occurs when income is greater than expenses. We find different types of surplus, among which the foreign surplus stands … Read more

What is C2C or Consumer to Consumer?

The meaning of C2C (Consumer to consumer) refers to an Internet business model that aims to commercially link the end user with another end consumer. It is used mainly in the field of E-commerce to carry out transactions. What is the Consumer to Consumer? A broader definition of C2C would include the marketing of services … Read more

What is USP?

The term USP is the acronym for "Unique Selling Proposition", which in Spanish means Unique Selling Proposal. This concept refers to the proposal that our store makes to differentiate itself from the competition, something that makes it unique and with which it can stand out that others do not have. We can talk about USP … Read more

What is the Consideration?

A consideration is the commitment of a certain person or company to make a payment to its counterpart for a transaction. That is, the remuneration received for the delivery of money, merchandise or a service. The consideration is followed, first, after having caused a benefit. That is to say, that prior to the consideration there … Read more

What is competitiveness?

En microeconomía, the ideal market situation, is that of perfect competition. That is, when some companies compete with others in order to provide the goods and services demanded by the market. The same can be said for the different economic units that are part of the market itself, such as individuals or households, who are … Read more

What is the accounting cycle?

An accounting cycle is the period of time established for each fiscal year that serves to divide the phases or stages of business accounting. The objective of an accounting cycle is none other than to detect the health of a company to find out if the financial and equity data are met. Phases and stages … Read more