Tag: product

Financial Correlation basically measures the relationship between the changes occurring in two or more variables at the same time. Correlation plays a major role...

DefinitionTargeted advertising is a form of advertising where online advertisers can use sophisticated methods to target the most receptive audiences with certain traits, based...

Supply is an important economic term that denotes the amount of available goods and services in a country. The term is closely related to...

What is 'Dealer Option' An option issued on the physical inventory of a commodity. A dealer option is typically issued by companies...

What is 'Quality Control' Quality control is a process through which a business seeks to ensure that product quality is maintained or...

What is the 'Real Gross Domestic Product (GDP)' Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of...

DefinitionEconomic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally...

DefinitionGross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period.GDP...

DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...

DefinitionA target market is a group of customers within a business's serviceable available market that the business has decided to aim its marketing efforts...