What is Delivered Pricing? Delivered pricing is the price of a good or service that also includes the transportation cost. It is a type of…
Delivered at Frontier (DAF) – Definition, Meaning and Usage
Delivered at frontier (DAF) is a term used in international trade that indicates that goods are delivered to the buyer at the border of the…
Delivered Duty Paid (DDP) – Definition, Meaning, Responsibilities and Differences
Delivered duty paid (DDP) is a delivery Incoterm where the seller is responsible for paying all costs and risks associated with delivering the goods to…
Delivered Duty Unpaid (DDU) – Definition, Meaning and Usage
Delivered Duty Unpaid (DDU) is a term used in international trade to indicate that the seller is responsible for delivering the goods to the buyer,…
Demand Chain – Definition, Challenges, Pros and Cons
The demand chain is the set of processes and activities that a company uses to generate, track and fulfill customer demand. It starts with market…
Delivery Order (D/O) – Definition, Meaning and Importance
A delivery order is a legal document that authorizes the transportation of goods from one location to another. The order is typically issued by the…
Delivery Note – Definition, Types, Template, and Examples
The delivery note is a document that lists the items delivered, their quantities, and other important information about the delivery. A delivery note is a…
Business Tax – Definition, Meaning, Types and Calculation
What is the Business Tax? Business tax is a tax on the business income. It is a tax on the profits or capital of companies…
Conglomerate – Definition, Benefits and Examples
A conglomerate is a large, diverse company made up of many smaller businesses. Conglomerates are often composed of companies in different industries that operate in…
Consignee – Definition, Example and Types
A consignee is an individual or organization to whom consigned goods are delivered. The consignee is responsible for receiving the consigned goods and making sure…
Consignment – Definition, Advantages and Disadvantages
A consignment is a shipment of goods that are consigned, or entrusted, to a carrier. The consignor (the owner of the goods) entrusts the consignment…
Churn Rate – Definition, Advantages and Examples
Churn rate is the number of people or the rate at which people or customers stop buying products from a particular brand, business organization, or…
Company Formation – Definition and Process
Company formation is the process of forming a firm legally with the UK’s Companies House – the Registrar of Companies. It takes place through the…
Common Carrier – Definition, Importance and Types
A Common Carrier is a person or company who transports goods or people for a company or individual. Common carriers are usually regulated by governments…
Burn Rate – Definition, Calculation and Limitations
Burn rate is a calculation used to describe how quickly a startup firm spends its venture funding on overhead before generating positive cash flow from…