Economy

Definition of sales forecast

A sales forecast is an estimate of the transactions that a company could complete in the future. This is a projection that is carried out based on trend analysis and historical sales data and taking into account various statistical models. To understand the concept precisely, it is important […]

Definition of corporate finance

Corporate finance is an area of ​​economics focused on the management of a company's financial resources. This field of finance covers issues such as capital structuring, financing and investments of a company. The concept refers to the monetary decision making of a corporation. It is about […]

Definition of lean management

Lean management is a business management methodology that is based on continuous improvement. Its purpose is to minimize costs and increase profitability through greater efficiency in all processes. Lean management is considered as an evolution of the system called lean manufacturing, which aims to reduce losses […]

Definition of bioeconomy

The bioeconomy is an economic model that is based on the use of renewable biological resources to produce goods and services in a sustainable manner. This approach promotes the use of biomass and other natural resources in sectors such as agriculture, fishing, forestry and biotechnology, with the aim of reducing dependence […]

Definition of startup

A startup is an emerging company that aims to achieve rapid growth thanks to technological innovation. It is characterized by its scalable business model and high risk. It should be noted that the term startup is not part of the dictionary of the Royal Spanish Academy (RAE). To understand the meaning, we can focus on the […]

Definition of operational efficiency

Operational efficiency is a company's ability to maximize its production and minimize its costs while offering good quality products or services. This can be achieved through optimization of processes and resources. Before continuing with the definition of the concept, it is important to analyze the terms that shape it. HE […]

Definition of consumer rights

Consumer rights are those guarantees and safeguards available to those who buy a product or use a service. These are powers that these people have within the framework of the link they establish with the seller or supplier. From this consumer relationship, rights and obligations arise, which are regulated and regulated by regulations […]

Definition of programmatic advertising

Programmatic advertising is a system that makes the automated buying and selling of advertisements possible. It is a model that uses algorithms to find matches between a brand's target audience and the spaces available to advertise in digital media that these people consume. Appealing to advanced technology, advertising […]

Definition of trend analysis

Trend analysis is the process carried out to identify and evaluate patterns. It is the set of techniques and procedures that allow data to be studied in a temporal sequence, thus detecting how they evolve. Analysis is called a detailed examination of something. A trend, meanwhile, is a […]

Definition of self-employment

Self-employment is a type of work in which a person carries out professional or commercial activities on their own account, without being bound by an employment relationship with an employer. Self-employed workers manage their time, resources and responsibilities, assuming both the risks and benefits of their activity. They are often known as […]