Monday, February 16, 2015

According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.

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Tags: profit, capital, trade, world

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Thursday, December 04, 2014

Franchising is the practice of using another firm's successful business model. The word 'franchise' is of Anglo-French derivation - from franc - meaning free, and is used both as a noun and as a (transitive) verb.

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Tags: franchise, french, english, word, hungarian

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Wednesday, November 19, 2014

Venture capital (VC) is financial capital provided to early-stage, high-potential, high risk, growth startup companies.

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Tags: Venture capital, consortium, investor

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Wednesday, November 19, 2014

Know-how is a term for practical knowledge on how to accomplish something.

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Tags: method, production, mode, transmission, advantage, international

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