SCIENTIFIC RETAILING
Scientific Retailing is making decisions regarding retailing activities such as product placement, selection, and inventory levels using scientific means and technology. Scientific retailing usually involves the utilization of technology tools such as computers and software to observe the movements in the market, track consumer purchases, and promotion and pricing reactions. More often than not, scientific retailing calls for centralized operations. For example, the home office is tasked to do the decision-making for the company like store layout, offered products, etc. so other tasks may be given completely to the branch stores where they can take advantage of the behavior and demographics of the local consumer.
POPULAR TERMS
Bump-Up Certificate of Deposit - Bump-Up CD
Savings certificate giving the bearer a one-time right to take advantage of escalating interest rates. It yields a lower rate than a similar certif ...
PHP
The abbreviation for the Philippine Peso, currency of the Philippines.
Whitewash Resolution
Whitewash Resolution is a resolution that must be passed before a target company in a buyout situation can forgive debts or provide financial assis ...
Shareholder Letter
Shareholder letter is a letter addressed to the shareholders, typically once a year along with the annual report, created to inform them of the ove ...
Bullion Market
Forum in which traders purchase and sell pure gold and silver. Primarily an over-the-counter market, it operates 24 hours a day in which most tradi ...
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SEE FOREX TUTORIAL
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | NAB Business Confidence | Apr | |
| 05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
| 09:00 | SECO Consumer Confidence | Apr | |
| 14:30 | Building Permits | Mar | |
| 18:45 | SNB Chairman Thomas Jordan Speaks | ||
| 00:45 | Visitor Arrivals | Mar | |
| 01:50 | Domestic Corporate Goods Price Index | Apr | |
| 08:00 | Claimant Count Change | Apr | |
| 08:00 | Average Earnings Index | Mar |
