Business & Finance

Ever since money was invented, we've been involved in business and financial transactions. Questions here are about all commercial, financial and industrial activity related to the economy, investing, and stock markets. This includes questions and information about production and manufacturing, exchange and distribution of goods or commodities, and management of money and other assets.

Asked in Business & Finance, The Difference Between, Legal Definitions

What is the difference between margin and margin?

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Profit margins are important if your suppliers keep raising the price of the product you need to sell or product you need for manufacturing. Margins are the differnt changes in the cost to profit percentages. If you buy a case of cookies for 5 dollars and sell them each for 10 dollars profit percentage is a 200 % or 50 % mark up. So your supplier now charges 6 dollars and you still sell them for 10 dollars . Your cost to profit percentages drop. If you raise your prices . Then the cost to profit percentages rises. This fluctuations are called margins. Most distributors want you to eat the loss in these fluctuations because . because your changing the the supply and demand curve. Which state and that and increase in price changes the quantity demand. which in laymens term states that you will sell less. In which drop the profit of both you and your distributor. Which probably hurt the distributors more because of his overhead. Any time your raise a price of a product you slow the sale of that product. That why margins are important.
Asked by Bailee Hand in Sales and Customer Service, Business & Finance, Restaurants and Dining Establishments

What is the proper amount to tip for customer service?

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Generally speaking, most people in the United States will tell you that good service deserves a 15-20% tip. As a former server myself, I tend to give more than 20% to support my fellow industry friends as a sign of solidarity. Also, I'm proud to say that when I was last waiting tables, I averaged above 25% tips, but that's because I was lucky enough to have wonderful regular customers. Truly great service can be rare, but in my opinion, there's no ceiling on what percentage of tip your server deserves. I've given out 100% tips on special occasions when the experience was extremely special and personalized.
Asked in Business & Finance, Loans, Definitions, Planet Mars

What is the meaning of 'Have you ever been bonded'?

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The concept of employee bonding is really an insurance matter relating to the employer’s efforts to protect itself against wrongful acts by its employees. In industries where employees have direct access to money or to property, the employer will often be keen to protect itself against the impact of employee theft. Also, certain businesses will be required by their customers to provide proof that they are bonded. For instance, customers of commercial cleaning companies might demand the cleaners be bonded. This provides both peace of mind (that the cleaners are trustworthy) and financial protection in the event of theft.
Asked in Debt and Bankruptcy, Business & Finance, Banking, India

How can you find the DD number in Demand Draft?

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The first variable is the DD number which will of 6 digits, followed by 9 digit MICR code, then followed by the next 6 digits (may not exists in some banks) and lastly the 2 digit transaction code.
Asked in Business Accounting and Bookkeeping, Business & Finance, Fiji

What accounting standards are used in Fiji?

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Nebosh Course Details offers an excellent understanding of foundation health and safety concepts, so it's ideal for people with responsibilities in health and safety.
Asked in Business & Finance, Gold and Precious Metals

Is gold a good investment or will the price of it go down?

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Well, yellow gold is not a good investment now; yes; the price has gone down and will go down more soon; because there is another Precious Metal in popularity today, in control of the market prices today. Now People know that is New Classic pure solid color white gold formula alloy's is better quality in durability; and this white gold is life time guaranty; now the 1920's the pure solid color white gold formula alloys come Back today. People know they do not need yellow gold to make white gold... Wake up ! Yes another good investment is Jade; the value is more value that yellow gold; is better to investment in Jade $3000 dollar's per ounce depending of the quality's and the American Dollar's is going up; because the American Community is united, working together in services. For more information Call 1-626-434- 5225 or see website Living Life Enterprises Presents.wix in Google! Sincerely... C.U.I. Inc. General Imports & Exports in Business from 1982. U.S.A. P.R. Companies...
Asked in Business & Finance, Construction

How do you calculate brass in sand?

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The word "brass" refers to a measure of quantity for loose material (like sand, metal, etc). This term is common in India. One brass equals one hundred cubic feet volume. Calculate the volume of sand and divide by 100 cubic feet to get the number of brass units.
Asked in Business & Finance, Senegal, Computer and Internet Fraud, Emigration and Refugees

Is there a refugee girl in Dakar Senegal asking for help?

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Please do not fall for this nonsense. There are a hundred scam mails running around with the same story, they just change the girls name. The basic answer is that people claiming to be in such camps are trying to defraud you. Very few people in a refugee camp, if any, would have Internet access. Especially to the extent that these people have. If you have received an email from a person (especially a female) who claimed he/she is residing in a refugee camp in Dakar, Senegal, it is a fraud. There is no camp in Senegal. That person is part of a well-known swindle. Should you wish to donate money to refugee camps it is highly recommended you do so through a recognized charity. Here are friendus from various WikiAnswer contributors: (there is also a sample letter posted further down this page) There has been an "advance fee" scam going for awhile in which a person - most always a girl/woman - will strike up contact with someone, either as a pen pal or some other innocent encounter. Then, at a certain point, she'll let it drop that she could get a lot of money owed her, or even get out of the refugee camp, if only she had $X or £X for this, that or the other. He/she uses a lot of names. It can be a woman who is writing the letters or it can be a man pretending to be a woman, or it can be a gang of men (such as the gangs from Nigeria who pull similar scams on dating agency sites) by pretending to be women who need your help. It is a well-known scam. It's all lies. It's a scam she's a fake, and the refugee camp doesn't exist, why bother? Moreover, the photos that she/he sends you it not a picture of her. He/she who is behind the letters is very smart and knows how to enter your heart very easily. I for one believed her/him till the end. She/he is a good actor, and she/he has the tools to prove that she/he is telling you the truth like the bank email and British phone number. She/he is very good swindler, its a very clever scam. If you have you received an email from a girl claiming she is residing in a refugee camp in Dakar, Senegal, it's a scam and there is no camp in Senegal. That person is a swindler. There has been an "advance fee" scam going for awhile in which a person - most always a girl/woman - will strike up contact with someone, either as a pen pal or some other innocent encounter. Then, at a certain point, she'll let it drop that she could get a lot of money that is owed to her, or even get her out of the refugee camp, if only she had $X or £X, etc., for this, that or the other. It's a scam and there is no camp in Senegal. That person is a swindler. Here is an example of the initial type of letters these scammers write (the names have been removed) before moving on to ask you for money: " My name is XXXX XXXXXX from South Sudan, but presently i am residing at the N'dioum refugee camp here in Dakar Senegal as the result of the civil war out of political crisis going on in my country, the camp is headed by the Rev whom i use his office computer to write to you when he is less busy at the office, i was a medical student reading nursing before the incident that leads me to be here. My Father Dr XXXXXX XXXXX XXXX ,died in December 2011 . My father was a freedom fighter, he was the leader of the South Sudan Democratic Movement , and the South Sudan Army before the rebels attacked our house one early morning and killed him alongside with my sweet mother oh? may their souls rest in peace, i managed to make my way to Senegal where i am living now as a refugee by the help of the Red Cross Society. I will like to know more about you, your likes and dislikes and what you are doing presently, i will tell you more of me in my next mail if you write back to me again. i will be waiting patiently to read again a mail from you, thanks and God bless you, i remain yours forever. " In return for your help, you will eventually be promised huge amounts of money that is supposedly owned to them as an inheritance (or some such nonsense) in return for your assistance. There will also be the promise of a relationship or sexual relationship with them. If you respond, sooner or later you will be asked to pay a fee to help them obtain something or to help them get somewhere such as coming to visit you. If you pay, another fee will quickly be requested for something else and it will continue that way until you give up or run out of money. You will never see the huge amount of money that you were promised, because that never existed. Neither will they ever come to visit you. Usually the fraud is run by gangs of men pretending to be women, even to the extent of written communication with you live on Instant Messenger while pretending to be female.
Asked in Business & Finance, Medical Terminology

What is an antiglycolytic agent?

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Actually, an antiglycolytic agent prevents gylcolysis, the breakdown or metabolism of glucose (blood sugar) by blood cells.
Asked in Business & Finance, Business Plans, Companies, Business Networking

Who owns public companies?

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Open organizations are traded on an open market inside the open market, and an assortment of financial specialists purchase the offers.
Asked in Business & Finance, Affiliate Marketing

What are the disadvantages of sponsorship?

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Loss of Control In return for their compensation, sponsors may ask for things that result in the sponsored organization relinquishing some degree of control. Trade-offs could be as innocuous as a branding agreement to place the sponsor’s logo on a team’s uniform or as extreme as exclusivity rights that would lock out the team from obtaining additional sponsors or sponsors that could be seen as competitive by the initial sponsor. Involuntary Endorsement Because an individual or team is sponsored by a particular company doesn’t necessarily mean that the person or team endorses the sponsor’s products, ideals or brand. While this may not be of much concern to teams, as a group, it can become a concern for athletes who rise in prominence and involuntarily and implicitly become associated with their sponsor’s brand. For some people, this involuntary endorsement can become a moral conflict, and can especially become a problem if the sponsoring party is involved in a scandal or receives negative publicity. Increased Pressure to Succeed When a team or person obtains a high-profile sponsorship, there may be increased pressure to succeed, especially if the sponsorship carries significant benefits. Many companies are quick to sponsor teams and athletes that are known for winning, but quickly pull their sponsorship if the team or athlete begins to perform poorly or is embroiled in an event that leads to bad publicity. Just as the sponsored party may want to avoid involuntary endorsements, sponsors want to avoid an involuntary endorsement of bad public conduct. Loss of Credibility While some sports and competitive fields are rife with sponsorships, emerging sports or athletes can be chastised for obtaining corporate sponsors as it can be perceived as “selling out” among their peer groups or fans. The sponsorship agreement may call for the team or athlete to wear and do certain things that are incongruous with the perception they built up with fans and peers before taking on the sponsorship.
Asked in Business & Finance, Stock Market, Stock Options and Futures, Stocks

What is contra in stock trading?

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When you buy stocks, the actual stocks get delivered to your trading account only after 3 business days and you pay for the stocks only when they are delivered BUT you are already the owner of the stocks BEFORE they are delivered or PAID FOR. As such, if you sell those stocks within that 3 days, a cash difference of your profit or loss will result in your account without ever owning the stock or paying for them. This is known as stock contra.
Asked in History of the United States, Business & Finance

What is the expansion of PBDIT?

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profit before depreciation, Interest and taxes
Asked in Business & Finance, National Hockey League (NHL)

How long are NHL intermissions?

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They usually put 15+ minutes up on the clock, but from the rulebook: 77.2 : Play shall be resumed promptly following each intermission upon the expiration of seventeen (17) minutes or a length of time designated by the League from the completion of play in the preceding period.
Asked in Business & Finance, Mexico

What challenges is Mexico facing today?

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Some of them would be: Competitiveness: Even if Mexico has addressed competitiveness issues by improving its labor and fiscal laws, it still faces huge challenges when competing against the BRIC bloc (Brazil, Russia, India, China) for economic opportunities, markets and foreign investment from developed countries. As an example, in terms of competitiveness (2013), Mexico is ranked in the 53rd spot, out of 144 countries. For comparison purposes, it is better ranked than India and Rusia (59th and 67th positions, respectively) but worse qualified than China and Brazil (ranked 29th and 48th, respectively). Security: The ever-scaling violence between drug cartels and police forces, as part of the "Mexican War on Drugs" (2006 - present-day). This conflict has put a severe strain in Mexico's resources, as demands for security have to be counterbalanced against other priority issues, like poverty or education. To date, there have been more than 120,000 dead since the conflict begun. Education: Lack of education for most of the population, as only one in every 10 Mexicans completes college education. It is widely known in Mexico that the education minister does not work on improving the education of Mexican children, but to deal with the day-to-day issues of the Teachers Union, which is one of the most corrupt in the country. Nowadays, in terms of reading, mathematics and writing, Mexican students qualify as second-to-last against all OCDE countries (it is just barely ahead of Turkey) Economy: World economic bust compounded with high dependence on the United States as receiver of Mexican exports. Although during recent years Mexico's economy has had a decent growth (3.9% in 2012), any downturn on the US economy would severely impact Mexico's potential growth. For 2014, Mexico is expected to grow only 1.5-2.0% Inequality: Mexico is a country of huge contrasts, where you can find neighborhoods with quality of life rivaling those of Western Europe, located side-by-side to decaying slums that look like Haiti or India. While Mexico's standard of living is comparable to that of Lebanon or Iran (US$19,500 per capita), the richest neighborhoods, such as the Benito Juarez borough in Mexico City, have the same health, income and education of Germany (US$40,000 per capita, or US$160,000 per household). On the other hand, the poorest areas in southern Mexico have the same quality of life as Yemen or Afghanistan (US$2,000 or less). Poverty: Although Mexico is a world leader in hunger reduction, there is still a 5% of children under 5 suffering with malnutrition; according to the United Nations Development Programme, 17.6% of Mexicans (19.7 million for 2009) are below the poverty line. Using the asset-based definition of poverty, this number is much higher with 47-52% of the population below the poverty line. Peak Oil: Current Mexican oil reserves are dwindling, with 7 years left to be completely gone. Recent energy reforms (2013) have been implemented to allow foreign investment into the gas and oil sector, including drilling in deep waters along the Gulf of Mexico, but results of such reform - lower prices, higher competitiveness and production - will not be seen for at least another 5 years Corruption: Rampant corruption among public officers. Also, due to the war on drugs, there are high levels of corruption among police and armed forces, specially when dealing against drug cartels. This process has been known as "plata o plomo" (silver or lead) meaning the drug cartels threaten security officials to either accept bribes or be killed by the cartels' operatives Environment: climate change and environmental degradation are a global issue, but Mexico is being hard hit, including more than 300 threatened species and several more already extinct, mostly due to habitat loss. Deforestation, erosion and desertification are also a present danger. Finally, pollution of soil and water sources are considered "contained", but nonetheless are a persistent issue.
Asked in Business & Finance, Business Finance

What is full form of MFI?

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Micro Finance Institutions. These are institutions who are generally supported by govt. in order to provide finance to small entrepreneurs. MFI stands from Micro Financial Institutions.
Asked in Business & Finance, Definitions

Is CEO and owner mean the same thing?

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The owner of the company means who has 100% financial interest over the assets of the said Co. As the name indicates, CEO or Chief Operating Officer is responsible for the day to day operations. Business decisions are approved by CEO. The CEO is an Executive who is paid remuneration along with various fringe benefits by the Company for his rendering service to the Company. additional: The owners(s) will often establish a board of directors. The CEO who may also be a board member essentially works for the board of directors and the owners. His responsibility is to manage and run the company. To simply add to the well presented answer, it can be noted that an owner, based on the above definitions, can indeed name him or herself as the CEO and yes will have a sear on the Board. additional: in a corporation the effective owner is the individual or group that owns 51% of the stock. While the minority stockholders are "owners" they can be outvoted on any decision, most often control is exerted via board members. An example is Karl ichan who buys up a controlling or at least a substantial interest in a company and then exerts pressure on the board, often by threatening to dump his large stock holdings and depressing the market for the shares.
Asked in Business & Finance, Education

What does 'pays even money' mean?

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In gambling...I'm assuming that's what your asking it just means it pays the odds of 1:1 its the same thing.
Asked in Business & Finance, Islam, Tax Forms

Concept of Taxation in Islam?

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The concept of taxation is quite different in Islam. Islam doesn't tax Income, it tax saving. Hence what ever you left after your expenditure or what ever you left as saving after your expenses are taxable in Islam. This would be significant impact on economy. Your expenditure is someone's income. So if your savings are taxed, you tried to expense out more. Hence more you expense ,more income is generated for other society members. The process doesn't stop here. It would be an accelerator affect. As more expenditure occur, more income generated in society , hence more opportunities for new income generation would take place, more job opportunities would be generated, more businesses to established etc etc. In short a single step has a tremendous accelerator affect on economy.