The total incomes of the population, their level, structure, methods of obtaining and differentiation are indicators of the economic and social well-being of society. Their distribution has a pronounced socio-political coloring, predetermining property and social differentiation. The traditional dispute between proponents and opponents of government regulation in the area of distribution boils down to the […]
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Financial system: concept, structure and functions
The term “finance” comes from the Latin “financia”, which means payment. For the first time with the meaning of “money payment” it began to be widely used in the 13th and 15th centuries. in Italy, whose cities (Florence, Venice, Genoa) were at that time major centers of trade, monetary settlements and banking. In the future, […]
Business Narrowing Strategy – Disintegration and Outsourcing
Single-industry companies, having abandoned integration, concentrate their activities on very narrow segments of the value chain, and the rest of the activities are transferred to independent external suppliers, in other words, transfer functions to outsourcing. Here it is very important to decide which links of the value chain to leave within the company, and which […]
Basic terms of delivery
This section of the contract of sale will be discussed in detail below. Quality of goods Determining the quality of goods in a contract of sale involves establishing the qualitative characteristics of the goods, i.e. a set of properties that determine the suitability of the goods for use for their intended purpose. The choice of […]