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Shoestring Operation

A small-scale or meager-budget business or enterprise. When a firm doesn’t have the resources or intention to spend much money...

Bottom Line

The final result, output, or outcome a process/ event, or a decision relating to the same. For example, the bottom...

Collateral

A borrower's pledge of a property to a lender or creditor in order to secure repayment of a loan or...

Commoditization

In general, the transformation of goods, ideas, or services, that are not normally viewed or considered goods, into a commodity....

Footprint Decision

An idiomatic term that denotes a decision relating to a company's positioning and presence (footprint) in the market. The decision...

Footprint

An idiomatic term that has many meanings depending on context. It may refer to a company's range of service or...

Account

A record of a business transaction that establishes a contractual relationship between a buyer and seller under which delivery is...

Asset Transformation

A type of business transformation whereby a company changes the very nature of an asset: by replacing/ exchanging it for...

Below The Line

An advertising or marketing technique in which promotional activities are carried out through less conventional methods than the customary channels...

BTL

It stands for below the line; an advertising or marketing technique in which promotional activities are carried out through less...