The Ultimate Guide to Direct Marketing
Image via canva.comDirect marketing is a kind of outreach that can be used by companies to promote products in a personalized way. Businesses approach targeted customer segments through the mail, phone, or online platforms to inform them about their products or...
Gross Income vs. Net Income: Do You Know the Difference?
Although gross income and net income are closely related, they are completely different terms. These terms often get confused since gross income is used to calculate net income.They can be used to describe either an employee’s income (personal income) or a company’s...
How to Conduct a Sensitivity Analysis
In the world of business, there are many variables, uncertainties, and risks. These factors affect the decision-making process in companies and sometimes make the procedure of doing business much more difficult.A sensitivity analysis is a tool that businesses use to...
What is Marginal Cost
What is Marginal Cost? Definition and CalculationMarginal cost is a concept commonly used in business. It is used to determine the best production quantity that adds the least cost to producing extra units. Calculating marginal costs is a vital aspect to doing...
Fiscal Policy – Understanding Economics Terms
Fiscal Policy: Understanding Economics TermsEconomics is a subject filled with many complexities. It is a labyrinth of bewildering details and terms that are hard to understand. Even economists sometimes have difficulty defining what it truly means.Yet, economics and...Recent Posts
Top 15 Best Markets For Entrepreneurs You Ought To Check Out
Have you dreamed of being an entrepreneur? Dreamed of being fully in charge and of answering only to yourself? What …
The Ultimate Guide to Direct Marketing
Image via canva.comDirect marketing is a kind of outreach that can be used by companies to promote products in a …
Top 10 Websites and Apps for Stock Market News
Image via canva.comThe stock market changes faster than you can press the refresh button on your browser. The primary reason …
Gross Income vs. Net Income: Do You Know the Difference?
Although gross income and net income are closely related, they are completely different terms. These terms often get confused since …
What Is Residual Income? Definition and How to Have It
Residual income is a term that has slightly different meanings depending on the context. It has a specific meaning when …