Abbreviations and Terms
ICM Channel – Immediate Consumption Market, the segment of outlets in the market where purchased products are consumed immediately, e.g. Restaurants, Caffes, ...
Impulse Purchase – Unplanned purchase that happens during visit to outlet... Read More
Income statement - See Profit & loss statement.
Initial financial statements - The financial statements of the company showing its sources of financing before any business operations have started.
Intellectual Development s the growth of the mind that... Read More
Interest expense - Cost of borrowing money through a loan.
Investment is the process of allocating resources into activity that may produce returns in a future period Read More
Inventory - Products owned by the company and held in stock at the end of the period.
Inventory accounting - The method used to calculate the value or cost of inventory which appears in the company's financial statements.
Inventory write-off - The deduction of some inventory value as an expense of the period.
Joint Venture Agreement is the association of companies or individuals formed to undertake a specific project. Read More
KPI ( Key Performance Indicator ), also known as KBI ( Key Business Indicator ) or Metric, represents the business process output that is measured and compared with expected standard of performance.
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