The Gross Domestic Product (or GDP according to abbreviationfinder), is the main existing macromagnitude, which measures the monetary value of the production of final goods and services of a country, during a period of time, normally one year. Definition GDP (GDP)…
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CEO stands for Chief Executive Officer. This title is usually used to designate the sole CEO of a company. The description “managing director” is also widespread. However, this is problematic. According to abbreviationfinder, the term CEO comes from the Anglo-Saxon…
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Pan American Basketball Confederation (or FIBA Americas according to AbbreviationFinder.org) is a non-profit organization that represents the International Basketball Federation (FIBA), in the American Continent, with jurisdiction from Canada to Argentina. It was created in accordance with the provisions of Article…
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Abbreviated as SND by AbbreviationFinder.org, supply and demand are the two forces that guarantee the functioning of a market, determining prices and the quantity of products offered. The term offer refers to the quantity available of a product, that is,…
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The goal of running a company is of course economic success . But for this you need key figures in order to be able to measure your success. Many make the mistake of judging economic success only in terms of…
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B2C, not to be confused with B2B, stands for “Business-to-Consumer” according to abbreviationfinder. This term is pronounced: “B to C”. In the business world we hear these two terms more often, both of which have something to do with business…
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Everyone has probably stumbled upon the term flat rate at some point. The word comes up again and again, especially in the telecommunications and multimedia sectors. But what exactly does a flat rate actually mean? A flat rate refers to…
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The balance sheet is the process of canceling the accounts of income (consisting of income accounts, expenses, sales costs and production costs) and transfer these figures to account balance respective (assets, liabilities and equity). This closing allows to know the…
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