Meaning of Joint Venture A joint venture is created when two businesses come together for a shared purpose. They might…
What is D2C D2C, or “direct-to-consumer” is an online business model where a company sells its products or services directly…
What is a Special Purpose Acquisition Company (SPAC)? A Special Purpose Acquisition Company (SPAC) is a shell company that is…
What is CRM? Customer Relationship Management (CRM) is a system used to manage the relationship between a business and its…
What is Accounting Ratio? An accounting ratio measures a company’s financial performance. There are many different kinds of ratios, each…
Definition OPEX (Operational Expenditure) is the money spent on running a business, such as wages, utilities, rent, and other day-to-day…
Definition: The conversion rate of any website is the percentage of people who interact with the page after visiting it.…
Definition: The Union Budget of India is an annual report made by the Finance Minister that details how the country’s…
Definition: A recession is a downturn in economic activity that leads to widespread unemployment, and a drop in economic output…
What is Capital Expenditure? Capital Expenditure (CapEx) is the amount of money that a business spends on buying and maintaining…