Labor Market Flexibility
What is labor market flexibility and why is it important Labor market flexibility is the ability of businesses to respond quickly to changes in market demand by changing the number of employees they have, the wages they offer, or the hours employees work. This flexibility is important because it helps businesses to remain competitive and to adapt to changes in...
U-Shaped Recovery
What is U-shaped recovery In economics, a U-shaped recovery refers to the pattern of economic growth following a recession. The term is used to describe the shape of the recovery curve, which typically resembles a "U" when graphed. The term can also be used to describe the period of time it takes for an economy to recover from a recession. During...
HEC International Business School
What is HEC International Business School HEC International Business School is a school that offers undergraduate and graduate programs in business administration and management. The school is located in France and is accredited by the AACSB. HEC Paris has been ranked as the best business school in Europe by the Financial Times. The school offers a variety of programs, including...
WACC – Weighted Average Cost of Capital
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading WACC the dog: The effect of financing costs on the levelized cost of solar PV power - www.sciencedirect.com Investment, financing and the role of ROA and WACC in value creation - www.sciencedirect.com A General Formula for the WACC - papers.ssrn.com A More Realistic Valuation: APV and...
Xetra
What is 'Xetra' An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra platform offers increased flexibility for seeing order depth within the markets and offers trading in stocks, funds, bonds, warrants and commodities contracts. The Xetra system was originally created for use on the Frankfurt...
Taguchi Method Of Quality Control
What is the 'Taguchi Method Of Quality Control' The Taguchi method of quality control is an approach to engineering that emphasizes the roles of research and development, product design and product development in reducing the occurrence of defects and failures in products. The Taguchi method considers design to be more important than the manufacturing process in quality...
PAB
What is 'PAB' In currencies, this is the abbreviation for the Panama Balboa. Explaining 'PAB' The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Further Reading Photovoltaics: added value of architectural integration -...
S&P 500
Definition The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 index components and their weightings are determined by S&P Dow Jones Indices. It differs from other U.S....
Valuation Clause
What is a Valuation Clause A valuation clause is a clause in a contract that stipulates the value of goods or services to be exchanged. This type of clause is typically used in purchase contracts, where the buyer and seller agree on a set price for the goods or services being exchanged. In some cases, the valuation clause may also...
Macaroni Defense
What is 'Macaroni Defense' An approach taken by a company that does not want to be taken over. The company issues a large number of bonds with the condition they must be redeemed at a high price if the company is taken over. Explaining 'Macaroni Defense' Why is it called Macaroni Defense? Because if...