CategoryWhat is?

What is a marketing plan?

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A marketing plan is a document that outlines a company’s marketing efforts for a specific time period, generally a year. It covers the marketing strategy, advertising, and promotional actions...

What is a monopoly?

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A monopoly occurs when one business holds a dominant position within the industry or sector to the extent of eliminating all other feasible competitors. Monopolies are generally frowned upon in free...

What is a waybill?

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A waybill is a transport document, which is a declarative legal document that establishes the existence of a transportation contract. It provides information about the conditions of the agreement and...

What is VAT?

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The value-added tax (VAT) is a kind of consumption tax that applies to the purchase of goods and services. Value-added taxation is a type of tax that is imposed on the basis of consumption instead of...

What is a sales tax?

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A sales tax is a government-imposed consumption tax on the sale of products and services. A conventional sales tax is imposed at the moment of sale, received by the merchant, and then sent to the...

What is remuneration?

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The full compensation obtained by an employee is referred to as remuneration. It includes not just the employee’s base salary, but also any bonuses, commission payments, overtime pay, or other...

What is a business plan?

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A business plan is a document that is typically written to explain in detail how a company defines its objectives and plans to achieve them. This is mostly used by startups. From a financial...

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