STRATEGIC GAP ANALYSIS
Forecasting method that evaluates the difference between the desired results and actual outcome. The analysis seeks to know what needs to be done in order to attain a specific goal by looking at the organization’s strategy, which includes its time frame, management, and budget. After conducting this, the company will develop an implementation plan to remove these gaps.
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Financial Modeling
A method of constructing a financial representation of all aspects of a firm or given security. It is typically characterized by performing calcula ...
Cost Center
Department, division, or unit within an organization responsible for providing additional funding to cover operation costs. It only contributes to ...
Xenocurrency
Xenocurrency refers to a currency which is trading in foreign markets such as those outside its domestic boundaries.
Hope Credit
A nonrefundable education tax credit that may be claimed for students that have yet to complete two years of post-secondary education. The Hope Cre ...
Specific Risk
Specific risk is also known as ‘unsystematic or diversifiable risk’. It is the risk that influences only specific assets which means th ...
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Retirement Planning: Last-Minute Preparation
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Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
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