The IPO Process is where a private company issues new and/or existing securities to the public for the first time. The 5 steps discussed in detail| Corporate Finance Institute
A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate. It explains the| Corporate Finance Institute
Systematic risk is that part of the total risk that is caused by factors beyond the control of a specific company or individual.| Corporate Finance Institute
Normal goods are a type of goods whose demand shows a direct relationship with a consumer’s income. It means that the demand for normal goods| Corporate Finance Institute
A medium of exchange is a transitional instrument used to settle the trade of products and services among market participants. It is a system| Corporate Finance Institute
The concept of the "invisible hand" was invented by the Scottish Enlightenment thinker, Adam Smith. It refers to the invisible market force| Corporate Finance Institute
Normative economics is a school of thought which believes that economics as a subject should pass value statements, judgments, and opinions on| Corporate Finance Institute
Explore the circular economy model—designed to reduce waste, extend product life, and regenerate natural systems through reuse, repair, and sustainable cycles.| Corporate Finance Institute
The Federal Reserve is the central bank of the United States and is the financial authority behind the world’s largest free market economy.| Corporate Finance Institute
The Network Effect is a phenomenon where present users of a product or service benefit in some way when the product or service is adopted by additional users.| Corporate Finance Institute
Fiscal Policy refers to the budgetary policy of the government, which involves the government controlling its level of spending and tax rates| Corporate Finance Institute
The command economy is a system where the government plays the principal role in planning and regulating the country's goods and services.| Corporate Finance Institute
Barriers to entry are the obstacles or hindrances that make it difficult for new companies to enter a given market. These may include| Corporate Finance Institute
Economies of scope refer to the decrease in the total cost of production when a range of products are produced together rather than separately.| Corporate Finance Institute
Economies of scale refer to the cost advantage experienced by a firm when it increases its level of output.The advantage arises due to the| Corporate Finance Institute
The first mover advantage refers to an advantage gained by a company that first introduces a product or service to the market. The first mover advantage| Corporate Finance Institute