Importance – Page 4 – itho's internet resources

Customer: Definition and How to Study Their Behavior for Marketing

By Itho May 7, 2010

[ad_1] What Is a Customer? A customer is an individual or business that purchases a company’s goods or services. Customers are important because they drive revenues. Businesses can neither…

Discretionary Expense Definition, Examples, and Budgeting

By Itho April 30, 2010

[ad_1] What Is a Discretionary Expense? A discretionary expense is a non-essential expense. Discretionary expenses are costs without which businesses or households can survive. As such, they are defined as…

Demand Schedule: Definition, Examples, and How to Graph One

By Itho April 29, 2010

[ad_1] What Is a Demand Schedule? In economics, a demand schedule is a table that shows the quantity demanded of a good or service at different price levels. A…

What Are Degrees of Freedom in Statistics?

By Itho February 27, 2010

[ad_1] What Are Degrees of Freedom? Degrees of freedom allow data points in a sample to be randomly selected except for the final value. Degrees of freedom equals the number…

Bank Reserves: Definition, Purpose, and Impact on the Economy

By Itho December 10, 2009

[ad_1] What Are Bank Reserves? Bank reserves, crucial to financial stability, are the minimum cash reserves institutions must maintain to meet central bank mandates. Held either in vaults or…

Crude Oil: Definition, Importance for Investors, and Market Impact

By Itho December 9, 2009

[ad_1] What Is Crude Oil? Crude oil is a naturally occurring liquid made from hydrocarbons and organic materials, formed from ancient plants and animals. These organisms were covered by…