What is the rural economy?

The concept of rural economy refers to the branch of economía that studies rural economies. These types of economies are those related to agricultural activities, to the study of agricultural enterprise mechanisms and to helping to define the rural-agricultural sector in the corresponding economic context. For further information, rural economies include agricultural and non-agricultural industry; … Read more

What are retained earnings?

Retained earnings or retained earnings are those benefits that the company has earned and that instead of being distributed among the shareholders, they decide to invest in the company itself. These earnings can be used to achieve further growth of the company, such as increasing the workforce, improving the budget dedicated to research or to … Read more

What is systematic risk?

The term systematic risk is also known as undiversifiable risk or market risk, and refers, as the name suggests, to the financial asset that is publicly traded and its risk cannot be reduced. This type of risk depends a lot on the situation of the market in which we find ourselves, since there will be … Read more

What is the relative frequency?

The relative frequency in accounting terms, refers to a statistical mean by which the number of times that the same event is repeated within a given time can be obtained. These statistical data, which show the relative frequency, help us discover how the same event or event is repeated or how often. Now we are … Read more

What is offshoring?

The definition of relocation is the practice carried out by companies that move their specific work centers or certain areas to other territories that carry a minor coste for them, while improving the company's competitive capacity and increasing the profit margin. In general they are usually multinationals. The concept of offshoring is considered a consequence … Read more

Definition of rational purchases

How do consumers act when buying a product? What makes us make the final purchase decision? Are we carried away by impulses or are we carried away by needs? Behind every purchase decision there is always an explanation. This is the case of rational purchases, those that have finally been carried out because they have … Read more

Royalty Deficiency

In economics and finance, talk about Royalty or regalía It is talking about the payment that must be made for the fact of using the property of a third party. This term is used especially when talking about patents, works subject to copyright or attribution rights, franchises or even the use of certain natural resources. … Read more

What is economy of scope?

The definition of economy of scope refers to the decrease in operating expense of two or more products or services jointly by a company. In a more formal way it could be ensured that the economy of scope is that the cost per manufactured unit of creating something individually is higher than manufacturing it together … Read more

What is a royalty?

The royalty term refers to the payment of an economic amount that one person owes another due to the fact that a right that does not belong to them is economically exploited, but to the person who is going to pay them. contraprestación. Those assets that generally tend to generate royalties more frequently (and the … Read more

What is an employment regulation file?

The employment regulation file, commonly known as an ERE, is an administrative and labor process through which a company obtains legal authorization to fire its workers. In addition, the request for an ERE can be demanded both by the employer or the company itself and by the representatives of the works. As a general rule, … Read more