Difference between centralized and decentralized organizations

All organizations have to make daily decisions that vary from their strategy to how to function naturally. However, there is a great difference between centralized and decentralized organizations, which you can learn about in the following informative post. The way these decisions are made is governed by whether the organization is centralized or decentralized. Also, … Read more

What does payable on demand mean?

The term “payable on demand” is typically associated with promissory notes. This term means that a debt must be paid by the person who owes it, to the person to whom it is owed, when requested. Obligations payable on demand can be used with any type of debt that does not have a defined due … Read more

Definition of international quality standards

With globalization and the competition that exists in international markets, the commitment of companies for quality and efficiency is essential for the conquest of their market share. In addition, any organization with an operating structure that is not focused on quality will be exposed to high costs that affect its benefits.In this sense, complying with … Read more

Factors that affect the economic environment of a company

Analyzing the factors that affect a company or its economic environment is what they call PESTLE Analysis in strategic business management. The PESTLE or PESTEL analysis is an acronym in English for the terms Political, Economic, Social, Technological, Legal and Environmental (Environmental in English) which are the series of macro or external factors that affect … Read more

Sciences related to economics

The economy as a science that studies the factors of production, wealth creation, distribution and consumption of goods and services to satisfy human needs, is the basis for management, the finance and accounting. The economy is the science that studies the distribution of limited resources, thus “studies scarcity” its relationship with the administration of resources … Read more

What is a shopping budget?

If you’ve ever wondered what is a shopping budget ? You should know that it is a tool in charge of providing help to industrial and commercial companies. Its main function is to make a financial or quantitative calculation of each of the products that the business handles or needs. In this way, any production … Read more

How to find out someone’s date of birth for free

In many parts of the Western world, particularly the United States, certain types of information such as a person’s date of birth, address, and residence are public documents. You yourself can know how to find out someone’s date of birth for free in a quick and easy way. This means that anyone who is conducting … Read more

What is the payback period?

No matter how attractive and profitable an investment or investment project may look, one question that will surely come back in the minds of investors is how long will the capital invested recover? Payback, investment recovery period or PRI is a financial indicator that answers that question. The payback may or may not recognize the … Read more

The ATN Rules in one direction

Whenever a correspondence is sent, be it a letter, email or fax, it will be necessary to correctly specify the recipient. There are some rules for labeling envelopes and filling in the mailing address that must be followed to ensure that the correspondence will be received by the correct person. By using the abbreviation of … Read more

The purpose of the income statement and balance sheet

Whether it is a global corporation listed on the stock exchange or it is a more modest one-owner firm, any type of business will have in common that they require the preparation and presentation of such basic financial statements. With due knowledge of the elements of a balance sheet you will be able to know … Read more

Stages in the evolution of marketing

As a discipline, marketing focuses on meeting consumer needs with available products and services. To some, marketing may seem like something that happens after a product is already available for purchase, but it is actually a research and development process that begins long before a product hits the shelves. The marketing uses strategic principles and … Read more

What are the main features of a budget?

A budget is a financial document of a foresight nature, aimed at projecting future income and expenses. It is widely used by companies, no matter their size, but also by households, to have forecast and expense management. A master budget or operating budget represents for companies a framework of action to follow and a set … Read more

Types of Auditors

Different types of audits are carried out regularly in all companies in the world to review the management of their accounting processes during a certain period of time. This in turn requires the hiring of different types of auditors who will work on the accounting books, where the financial movements of the company or organization … Read more

The definition of global companies

The expression “global village” must have been inspired by the way business is conducted today. The advancement of communications technology experienced in the last two decades has made it possible to be in more than one place at the same time. Many companies no longer have obstacles to thinking big, and national borders are no … Read more

Accounting for documents receivable

Companies regularly extend credit to their clients by promising to pay the bill at a future date. This credit is made in two main ways: accounts receivable and documents receivable. The receivables represent promises of payment from customers on a certain date, which occurs shortly after the purchase have been made, while receivables represent clients … Read more

How to find out who owns a property in Mexico

Gone are the days when consulting the public property registry was complicated. With technological advances and the digitization of files, it can now be as easy as using an online search engine or making a request by filling out a virtual form. So, if you are about to buy a house in Mexico or an … Read more

How to calculate the value of land

Calculating the value of a land is much easier than that of a home. He thinks that real estate buyers -often- do not estimate the improvements or remodeling of apartments and houses, since they may want to adapt the property to their decorative style and rhythm of life. Therefore, even if you have renovated your … Read more

Where is the abbreviation Atn. Placed on a recipient label?

ATN and ATTN are the abbreviations for “Attention to” on the recipient label of an envelope that contains documents or formal communications to be sent by the postal service or some private parcel company. Correct addressing of the envelope can make the difference between documents delivered on time or a package lost or returned due … Read more

What is print media?

Digital media have emerged as a revolution and have become an avalanche of information available to anyone with a computer, laptop or smartphone. The immediate access to information and efficient distribution of the content has been the secret of its success. However, the print media have managed to maintain their power, especially after the fake … Read more

What are the most important characteristics of a company

There are many definitions for the term ” company “, most of them point towards a group of people who work for a common objective, with the purpose of obtaining a benefit and satisfying the consumer. According to international law, a company includes a set of capital, labor and administration in order to satisfy some … Read more

Is GEICO a good insurance?

The GEICO insurance company offers its customers satisfactory prices, positive customer service and a very good experience to the user who takes out any insurance. Its auto insurance rates are relatively low and it provides up-to-date online solutions for customers to manage their insurance policy. Article Index 1 GEICO Insurance 1.1 GEICO car insurance 1.2 … Read more

Geico in Spanish: Customer Service Number

Whether you are looking for information about insurance or want to clarify any questions related to your policy, it is very likely that you will need to communicate with Geico in Spanish. That is why we have made the most complete guide of all Geico contact media in Spanish. We will show you which phone … Read more

How to take care of your money in five steps

take-care-your-money

Controlling card spending, avoiding overdrafts and knowing where the money is going is a good start to managing household finances The first weeks of the year come loaded with good intentions. One of the most common is to increase the ability to save and, above all, to improve the domestic economy. This goal is not … Read more

What is the restoration of the rights of minors?

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Minors have special and reinforced protection from the State. Reason why, when your rights are violated, there are special procedures to restore them. You might also be interested in: Human Rights What is the process of reinstating the rights of minors? It is a fundamental instrument that seeks to comply with the special protection of … Read more