ABSOLUTE PERFORMANCE STANDARD
It is a way of measuring the progress of an organization and the effectiveness of efficiency of the organization in handling and running its activities and business. However, this standard is a quality control benchmark that is only reachable in theory. But still, it is an effective and good way to tell if the business and the workers are doing well in their jobs.
POPULAR TERMS
International Institute for Management Development - IMD
A business school situated in Lausanne, Switzerland. IMD was established in 1990 after the merger of two management education centers that were ini ...
Contingency
Possible negative economic event or circumstance that may emerge in the future.
In finance, determining and planning any conting ...
Versioning
Versioning refers to a business practice wherein a company manufactures different models of the same product and then charges varying prices for ev ...
Registered Pension Plan - RPP
This is form of a trust which provides pension benefits for a company’s employee upon retirement. Registered Pension Plans are registered wit ...
Net Premium
Projected current value of a policy’s benefit minus the expected prevailing value of future premiums. This computation does not consider futu ...
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SEE FOREX TUTORIAL
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI industrial order books balance | Sep | |
| 14:30 | Wholesale Sales | Jul | |
| 15:00 | NBB Business Climate | Sep | |
| 15:00 | ECB President Mario Draghi Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Jul | |
| 01:50 | Corporate Service Price Index | Aug |
