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What is a Pro Forma Invoice?

December 13, 2018 EnforBusinessBusiness
what-is-a-pro-forma-invoice

Definition: A pro forma invoice is a document sent by the seller to the buyer with the purpose of providing detailed information about a proposed transaction. This is mainly seen […]

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What is Social Responsibility?

December 3, 2018December 3, 2018 EnforBusinessBusiness
what-is-social-responsibility

Definition: Social responsibility is a set of activities carried out by an organization with the purpose of benefiting the society. Social responsibility or corporate social responsibility embraces those company actions […]

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What is a Marginal Cost?

November 29, 2018November 29, 2018 EnforBusinessBusiness, Economics
what-is-a-marginal-cost

Definition: Increase in the total production cost experienced when an additional unit is produced. Simply stated, is the cost of producing an additional piece. What Does Marginal Cost Mean? The […]

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What is an Annuity?

November 28, 2018November 29, 2018 EnforBusinessAccounting, Business, Finance
what-is-an-annuity

Definition An annuity is a set of payments made or received within a fixed time period, in equal and regular intervals. This means, a fixed amount of money is issued […]

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What is a Stock Certificate?

November 25, 2018November 26, 2018 EnforBusinessBusiness, Finance
what-is-a-stock-certificate

Definition A stock certificate is a formal or official document that is issued to the owner of a stock. Stock Certificates typically include all relevant information associated with the ownership […]

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What is a Composite Unit?

November 25, 2018November 25, 2018 EnforBusinessAccounting, Business
what-is-a-composit-unit

Definition A composite unit is a hypothetical measurement that combines products in a sales mix according to their proportion of sales. In other words, it allows for different products to […]

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What is an Incremental Cost?

November 25, 2018November 25, 2018 EnforBusinessAccounting, Business
what-is-an-incremental-cost

Definition An incremental cost is the amount of additional expenses a company incurs when they produce one additional unit of product or service. This calculation is similar to the cost […]

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Business Education

November 21, 2018November 21, 2018 EnforBusinessBusiness

Business Education

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