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Table of Contents What is Target Costing? Target costing is a method of costing and a management technique wherein the prices are determined depending upon the market conditions by considering several factors such as homogeneous products, level of competition,…
Data smoothing is a statistical technique used to remove noise or random variations from a dataset in order to reveal underlying trends or patterns What is Data Smoothing? Data Smoothing is a statistical approach to eliminating noise from datasets to…
So, let me give you some examples to make you understand the social audit meaning. One example of a real-life social audit is the Fair Labor Association (FLA) audit of a factory in China that produced clothing for a number…
This is a straighforward explaination of the economics concept called as substitution effect. And if you have been wondering around with the dilema of what is substitution effect then you search ends here. What is Substitution Effect? The substitution effect…
What is store value? A store of value is an asset or commodity that retains its purchasing power in the future. It maintains its value over a long period. If the item held gets converted into money in the future…
A shutdown point is a level of operation in which the company no longer benefits from continuing its operations and hence decides to shut down temporarily or permanently. The company no longer benefits from continuing production in the short run…
Fisher equation states that the nominal interest rate (r) is equal to the real interest rate (r*) plus the expected rate of inflation (π). What is the Fisher Equation? The Fisher equation explains the relation between the nominal and real…
A corporate guarantee is a legally binding commitment made by a company on behalf of another party, usually a subsidiary or affiliate company, to assume responsibility for the debt or other financial obligations of that party. You are free to…
In this article, we shall discuss the special case of the market structure of oligopoly, and duopoly. Also in this article, I shall focus on some duopoly examples, which makes this clear to you. What is a Duopoly? A Duopoly…
What is Annual Return Formula? The annual return formula is the capital gain on an investment generated over 1 year and it is calculated as a percentage of the initial amount of investment. If the return is positive, it is…
So, a very simple way of explaining to you a forward contract. Let’s suppose you want to buy 10 Gms of gold for your friends marriage, which is coming up in three months. Now, since gold price may fluctuate in…
Dragonfly Doji Candlestick, gravestone doji is a candle stick pattern with open, high, and low close patterns. Typically you would use it to find and point reversal patterns in share or asset prices. Have you ever wondered how technical analysts…
