Your browser does not support JavaScript.
Home Categories Business Essentials Exworks (EXW) is a delivery arrangement where the seller makes the item available at a specific location, but the buyer must pay the shipping costs. Excises are taxes levied on certain goods or services, such as fuel, tobacco and alcohol. Expenses are the costs of operations that a company incurs to generate income. A company may conduct a feasibility study when considering launching a new business, adding a new product line, or acquiring a competitor. Most often, a fee is a payment for a service, both basic - for example, mowing the lawn, and complex - such as drafting a will or preparing taxes. A lookup reward or referral fee is a commission paid to an individual or entity that facilitates a deal by associating a lead with an opportunity. A firm is a commercial enterprise, usually formed as a partnership, providing professional services such as legal or accounting services.
The theory of the firm states that firms exist to maximize profits. The Flexible Manufacturing System (FMS) is designed in advance so that it can be easily adapted to changes in the type and quantity of goods produced. Direct integration is a business strategy that involves the expansion of the company’s activities through the direct distribution of its products. The four P’s are the four main factors involved in marketing a product or service to the public.