View random article
#

What Is Price Skimming?

Price skimming refers to a pricing strategy wherein the initial price set for a product or service is quite high. Over time, this high price will be slowly decreased. The rationale behind price skimming is that the manufacturer or service provider will be able to recover the cost at an early...

#

What Is Donor Fatigue?

Donor fatigue is the term used to refer to the situation wherein people experience a reluctance to give to charity in spite of having done so in the past. Donor fatigue is something that has been on the rise in the recent years, and for obvious reasons, this is a major cause of concern for charitable...

#

What Is a Wire Transfer?

A wire transfer is a method of moving money via electronic means. Using a wire transfer, an individual may send money to another person. A wire transfer can also be done from one institution to another. When sending money through a wire transfer, it can be done from one bank account to another...

#

What Is a Profit Model?

A profit model is a framework that a business follows with the aim of making money out of its endeavors. In order for a business to actually make a profit and succeed, it needs to have a clear profit model right from the beginning. A profit model will include certain elements that will help ensure...

#

What Are Consumables?

Consumables refer to items or goods that are bought on a recurring basis because of the fact that they are used up regularly. More often than not, consumables are considered to be essential in the daily operations of businesses. While consumption may go down during times of economic crisis,...

#

What Are Inferior Goods?

In economics, when the demand for items decreases as the consumer income increases, those items are considered a inferior goods. This term is used in comparison with normal goods, which increases in demand in proportion to the increase in consumer income. In this context, the term inferior is...

Online Checking Accounts

Online Checking Accounts

Checking accounts allow individual and business depositors within financial institutions to deposit money and withdraw funds via a Federal Insurance Deposit Corporation (FDIC) insured account. The terms and services offered by banks and various financial institutions vary tremendously though...

The Numbers Behind Netflix

The Numbers Behind Netflix

They may not be the most popular company in the world right now, but they are still soaring high in the home movie world. Here's a look at where they stand now.

Top 50 Business Books

Top 50 Business Books

There are some books that have been so instrumental in shaping the modern world that any learned person should be familiar with them. This is especially true in the business world. The savvy business person should understand how our world got to be the way it is. For that reason this list of...

Hostess Brands Likely to Be Purchased by Mexico's Grupo Bimbo Brand

Hostess Brands Likely to Be Purchased by Mexico's Grupo Bimbo Brand

Twinkie and Ho-ho lovers rejoice! Hostess Brands is more than likely going to be purchased by Mexico's Grupo Bimbo Brand as the baker prepares to shut down its plant in Illinois and liquidate its assets within 33 different locations. Global firms have already shown interest in the now bankrupt...