Term of the day

Term of the day

Purchase Order Lead Time

The number of days from when a company buys the production inputs it needs to when those items arrive at the manufacturing plant. Purchase order lead time can have a significant impact on a company's bottom line. It is a ke ...

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Building Wealth
Building Wealth
Starbucks` Profitability Basics
Years ago, coffee was simply a beverage as opposed to how it has evolved today. Nowadays, it is part of most people's lifestyles, and in some ways has become a status symbol as well. Without a doubt, the word "caffeine" always rings a bell for many as they associate it with one prominent brand: Starbucks.
Finance for Individuals
Finance for Individuals
Top Budgeting Advice for Young Professionals
Internet. Cell phone bills. Branded clothes. Signature bag. Concerts. Movies. Clubbing. Visiting places. Today’s young people tend to indulge themselves. Since they believe they only live onc e, these yuppies live their life to the “fullest” by spending all of their hard-earned money.
Financial Literacy
Financial Literacy
Investing 101: Psychological Traps for Investors
Investing is beyond numbers. It also encompasses the market participants – the investors. Behavioral finance analyzes how people affect the figures within the market. Before revealing the psy chological traps for investors, let us discuss behavioral finance.
Taxation in Finance
Taxation in Finance
This Is Where Your Taxes Go
We all know part of our salary goes to Medicare, security, taxes, and other deductions. Sometimes, these deductions take a huge chunk of our income. But what exactly is taken from our paycheck?
For Beginners
For Beginners
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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