Tag: products
Management And Employee Buyout (MEBO)
What is 'Management And Employee Buyout - MEBO' A restructuring initiative that involves both managerial and non-managerial employees buying out a firm...
Make A Market
What is 'Make A Market' An action whereby a dealer stands by ready, willing and able to buy or sell a particular...
Make To Stock (MTS)
What does 'Make To Stock - MTS' mean Make to stock (MTS) is a traditional production strategy that is used by businesses...
Absorption Costing
DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...
Absorbed Cost
What is an absorbed cost and how does it impact a business's bottom line
An absorbed cost is an overhead cost that has been fully...
Razor-Razorblade Model
What is the 'Razor-Razorblade Model' The razor-razorblade model is a business tactic involving the sale of dependent goods for different prices -...
Sales Mix
What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to...
Sales Mix Variance
What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales...
Same-Day Substitution
What is 'Same-Day Substitution' An offsetting change in a margin account, made over the trading day, that results in no overall change...
Bait And Switch
DefinitionBait-and-switch is a form of fraud used in retail sales, but also employed in other contexts. Bait And Switch What is 'Bait And...