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…
What is EBITDA? EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is used to analyze and compare…
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…