Month: July 2020

Funds transfer pricing (FTP) is a system used to estimate how funding is adding to the overall profitability of a company. FTP sees its most significant use in the banking industry where financial institutions use FTP as a way to analyze the strengths and failings of the firm within the institution. Funds transfer pricing may also help with determining the profitability of various product lines the bank offers, the performance of branch outlets, and judge the effectiveness of processes.

The Samuel Curtis Johnson Graduate School of Management is the business school at Cornell University. It offers a wide range of programs, including several MBA programs as well as doctoral degrees. The school has over 70 corporate partners and is respected nationwide as a top-notch institution of higher business learning.

A finder’s fee (also known as referral income or referral fee) is a commission paid to an intermediary or the facilitator of a transaction. The finder’s fee is rewarded because the intermediary discovered the deal and brought it to the attention of interested parties. The presumption is that without the intermediary, the parties never would have found the deal, and the facilitator thus warrants compensation.

A gift letter is written correspondence explicitly stating that money received from a friend or relative is a gift. Gift letters often come into play when a borrower has received assistance in making a down payment on a new home or other real estate property. Such letters state that the money received is not expected to be paid back in any way, shape or form.

The Samuel Curtis Johnson Graduate School of Management is the business school at Cornell University. It offers a wide range of programs, including several MBA programs as well as doctoral degrees. The school has over 70 corporate partners and is respected nationwide as a top-notch institution of higher business learning.

A finder’s fee (also known as referral income or referral fee) is a commission paid to an intermediary or the facilitator of a transaction. The finder’s fee is rewarded because the intermediary discovered the deal and brought it to the attention of interested parties. The presumption is that without the intermediary, the parties never would have found the deal, and the facilitator thus warrants compensation.

A gift letter is written correspondence explicitly stating that money received from a friend or relative is a gift. Gift letters often come into play when a borrower has received assistance in making a down payment on a new home or other real estate property. Such letters state that the money received is not expected to be paid back in any way, shape or form.

The operating ratio shows the efficiency of a company’s management by comparing the total operating expense (OPEX) of a company to net sales. The operating ratio shows how efficient a company’s management is at keeping costs low while generating revenue or sales. The smaller the ratio, the more efficient the company is at generating revenue vs. total expenses.

Blue ocean is a slang term created in 2005. The idea behind it is the referral to the vast marketing options that occurs when an unknown industry or innovation occurs.

Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. The process of zero-based budgeting starts from a zero base, and every function within an organization is analyzed for its needs and costs. Budgets are then built around what is needed for the upcoming period, regardless of whether each budget is higher or lower than the previous one.