The concept of offshoring is the relocation that a company makes when it moves its factories or production systems to another country or territories. It is a process that is the result of globalization. An example of this are the companies that until recently produced in Europe, but that in view of the salary advantages … Read more
When we speak of the term owner, we refer to the person who owns or owns something in particular. Normally, in the world of economics, property refers to real property, although it can be anything else in which a person (natural or legal) is designated as the owner of that "something". The person who owns … Read more
When we speak of an organization chart, we refer to a graphic representation of a company or organization, configured as a hierarchical and functional diagram. That is, a diagram, in which the different positions of the company are represented, from the top to the bottom. Blocks are usually established, based on functions or other criteria. … Read more
The employment rate, also known as the employment rate, is a ratio used to calculate the percentage of people who are working with respect to the total population that is of working age -or active population-, considering that the employed population is one who, having more than 16 years, is working for their own account … Read more
The concept of opening commission refers to the amount of money that a financial institution charges at the time of formalizing the loan and whose justification is to cover the administrative and management expenses of the loan. The opening commission serves to promote a good interest rate, that is, a product with a very low … Read more
The definition of outsourcing refers to the contracting of third-party services by a . The concept of outsourcing occurs in those cases in which one company hires another to carry out activities that are complementary to its main activity or dedication. As a result, this is where the advantages of outsourcing appear, such as the … Read more
The concept of obsolescence is used in the field of economics and finance, understood as the reduction of the useful life of a good consumption due to technological advancement or economic change. This term should not be confused with depreciación, which consists of the physical deterioration of an article as a result of the passage … Read more
The term own resources refers to the contributions of the shareholders or partners who subscribe the capital of a company, the profits obtained that have not been distributed among its shareholders in the form of dividends, as well as the reservations they have to face extraordinary situations. This implies that the concept of own resources … Read more
The initial public offering (IPO) refers to the sale of shares to investors for the first time. This offering offers several advantages for the company, investors, and underwriters (that is, the investment bankers making the initial public offering). The IPO occurs first in the primary market, to later be commercialized in the secondary market. The … Read more
The term outplacement is used very frequently in the business world, more specifically in the sector of human resources. The meaning of outplacement is the different mechanisms that an organization adopts to assist an employee who is left without a job after a restructuring. There are a number of essential aspects that are included in … Read more
