Month: March 2024

Channels are how a company reaches the customer segments that it has identified. In a business model, the channels refer to the methods that are adopted by the business to…

Accounting method refers to the specific rules and procedure which are used by a business to record its financial transactions and prepare its financial statements. There are two primary accounting…

One of the most fundamental principles in accounting is the accounting equation which represents the relationship between the assets, liabilities and equity of a company.  The equation is expressed as…

Customer segments refer to a specific group of customers that are targeted by the business. In the business model, the customer segment is the specific group of people that the…

Accounting refers to the systematic process of recording, analyzing, summarizing and reporting financial transactions of businesses or individuals. It is a method of tracking the income, expenses, assets and liabilities…

The term accelerator in economics is used to convey the accelerator principle. This theory suggests that there is a direct relationship between the changes in output or demand in the…

The value proposition is a unique selling point of a product or service. It is a fundamental component of the business model which represents the core reason as to why…

In economics, the acceleration clause is specifically in the context of finance and contract law is a provision in a loan agreement that allows the lender to demand immediate repayment…

Accelerated Depreciation is particularly used in the field of accounting and finance. It is a method of depreciating a fixed asset in such a way that higher amounts of the…

In the context of economics, absorption is a term which refers to the total amount of goods and services which are consumed by a nation. This includes domestic production as…