Category
page 1Business economics

entrepreneurship
Entrepreneurship is the creation or extraction of economic value by identifying and commercializing opportunities to deliver products or services, a process that typically requires considerable initiative and bears risk. This process may also encompass the pursuit of values that extend beyond mere economic considerations.
economic profit
concept in economics
mass production
high-volume production of standardized products
legal person
any entity that is recognised as having privileges and obligations in law

austerity
In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Propone
liquidation
Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.
business economics
field in applied economics which uses economic theory and quantitative methods to analyze business enterprises
managerial economics
application of the economic concepts, theories, tools, and methodologies to solve practical problems in a business
operating margin
relating operating profits to net sales
hit-and-run tactics
military doctrine of evasive attacks
theory of the firm
approach of price maximisation
engineering economics
subset of economics
residual value
one of the constituents of a leasing calculus which describes the future value of a good in terms of absolute value
resource-based view
A management strategy that aims to establish a sustainable competitive advantage by analyzing the "value," "rarity," "difficulty of imitation," and "organization" of unique management resources.
sales and operations planning
integrated business management process
teal organisation
organizational paradigm that advocates enabling employee autonomy and adapting it according to the size of an organization
shared services
method for provisioning shared organizational resources