Abbreviations and Terms
EBIT definition... Read More
EBITDA definition... Read More
Economic Growth is the increase of production of all kinds of goods and services... Read More
Economies of the scale refer to the phenomenon in economy where the average cost per unit produced decreases as the production output increase... Read More
Equity capital - Money invested by the shareholders (owners) of the company... Read More
FCM Channel – Future Consumption market, the segment of outlets in the market where purchased products are consumed some time after being purchased, e.g. at home.
First In First Out (FIFO) - Inventory accounting method by which the oldest goods in stock are sold first.
Fixed asset - An asset that a company expects to keep for a relatively long period of time and which is used in running the business, such as property, premises or equipment.
Fixed cost - Costs which do not depend on the quantity of products made or sold, but are a set amount for the period.
FEFO – First Expires First Out. This is the rule of management of products, first of all those with limited shelf life. This rule says that during the refilling of the shelf new products should be placed behind those older products. This is done in order to avoid expired products on the shelf.
FMCG – Fast Moving Consumer Goods. The wide variety of different groups of products... Read More
Forward Stock – Stock in the outlet placed in the shopping area, on the shelves. This stock is accessible to shoppers... Read More
Franchising is the relationship between two companies that are usually referred to as “Franchisor” and "Franchisee”... Read More
Globalization is the way in which economy and societies become more and more global... Read More
Goodwill - The value of the potential for a business to make money in the future based on an acquired reputation and established market position.
Gross fixed assets - Purchase value of investments in fixed assets.
Biz Development Articles