The English term turnover designates, in the human resources management context, the personnel rotation rate as to (…)

Union (Trade Union) Concept Currently, and synthetically said, a union is a free association, stable and permanent of employees or workers belonging to a same career or related careers) or to a same activity sector, that gather for a defense of the correspondent professional interests, individual or collective, namely at the level of work conditions […]

Update or Discount Rate Concept The update rate concept (also known as discount rate) is associated to the companies’ appreciation, of business and investment projects, being the rate applied to the future income or cash-flows as a way to obtain its current value. Being indifferently used as update rate of future incomes or as capitalization […]

Utilitarian Model (Ethic) Concept: Utilitarian model is an ethic model for decision taking that tries to evaluate the effect of certain…

Utility Concept: Utility, base concept of all consumer theory represents the satisfaction or pleasure that the consumers take from…

V-Matrix Concept: V-Matrix, developed by Patrick McNamme, from University of Ulster, is used to evaluate the company’s strategies success…

Value Chain Concept Value chain is a model developed by Michael E. porter and that represents a group of activities developed by a company and go from investigation and development to after-sales service. This model forms an essential instrument to analyze competitive advantages of the company and to help find ways to intensify those competitive […]

The expression Value Engineering designates a systematic process of product analysis, service or project, centered on a (…)

Variable Costs Concept: Variable costs are the costs of an entity that vary directly with its activity volume. For example, costs…

Velocity of Money Concept: Velocity of Money (or speed of money circulation), concept created in the beginning of the 19th century by…