Real estate has several unique characteristics that affect its value. There are economic characteristics and physical characteristics. Real estate is a product to be purchased but it is different from anything else due to the characteristics that will be discussed here. The economic characteristics that influence value are scarcity, improvements, […]
Finance is a hot topic right now because of the current financial situation plaguing the world. Many individuals hope that they are able to get a handle on their finances in case the economy gets worse for them. All of the finance tips in the world are great, but the […]
Within the business arena, it is well recognized that the higher the risk, the bigger the reward. One of the key roles of leadership within any organization is to define the levels of risks that can be taken and to draw a balance between the maximum risk and lowest return […]
Accounting is an information system which identifies, records, analyzes interprets and communicates the economic data of a financial entity. Accounting consists of three basic activities – it identifies, records, and communicates the economic events of an organization to interested users. Let’s take a closer look at these three activities. Identifying […]