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Lessor vs Lessee: The Fundamentals of Lease Agreements

March 30th, 2015

The relationship between lessor vs lessee is a common one, but many people might not understand all of the details of the situation. At its core, a lessor is someone who owns a property, object, trademark, business, or any other piece of real or intellectual property. The lessee pays the lessor for the right to
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The Differences Between Revenue vs Profit

March 30th, 2015

One of the trickiest distinctions to make when it comes to managing your business is the difference between revenue vs profit. There are a few simple rules for determining which is which. One of the hard and fast rules is that profit will never exceed revenue, and it is typically less. To put it plainly,
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Career Focus: How to Become a Portfolio Manager

March 30th, 2015

In the industry of business, finance and investment, one of the most lucrative and in demand careers is that of a portfolio manager. A portfolio manager can be one of two things. First, he or she can be the personresponsible for making investment decisions using the money entrusted by his or her clients to control.
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Validity vs Reliability — What’s the Difference?

March 16th, 2015

The definitions and usage of validity and reliability differ subtly across different disciplines, with exact definitions differing depending on context. In statistics, as well as sciences that use statistics to empirically reach conclusions, both the validity and reliability of information being presented need to be exist in order for conclusions to be made, or in
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Standard Deviation vs Standard Error — What’s the Difference?

March 16th, 2015

Statistics is and always has been a difficult mathematical mine field to wade through, a jumble of numbers, extrapolations and postulations that is increasingly used to help wade through the ever increasing amounts of data and information available to decision makers. With statistics used to predict everything from stock market trends to baseball games, a
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Monetary Policy vs Fiscal Policy — What’s the Difference?

March 16th, 2015

Armchair economists and expert policymakers alike often mix up the ideas of monetary policy and fiscal policy, two very different elements that both heavily influence and alter the livelihoods of peoples all over the world. Both forms of policy involve economics at micro and macro levels, and both are largely decided by state governments. When
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Internet vs Intranet vs Extranet — What’s the Difference?

March 16th, 2015

Information technology has been rapidly advancing over the last decade, with information being available as an on demand commodity at levels never before imagined. Today, a teenager in rural India with access to a computer and an ethernet port has orders of magnitude more information available at the tips of his fingerprints than the President
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Arbitration vs. Mediation — What’s the Difference?

February 18th, 2015

The world of law, lawyers, legalese and courtrooms is one that is rightly feared by every day law fearing Americans. Because of the complexities and costs involved with any lawsuit, cooler heads have found legal alternatives to the long and arduous process of the legal system that offer binding and amicable solutions to legal disputes.
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Accountability vs. Responsibility — What’s the Difference?

February 10th, 2015

In the real world, it is expected that people in day to day interactions – whether the people who receive financial investments, the people who work for a firm, or the people who provide services to others – to suffer or benefit from the consequences of their actions to varying degrees. However, depending on the
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Is an MBA in Finance Worth it?

January 16th, 2015

I graduated college last year with decent grades in economics, and I have an entry level investment firm job. I’d like to advance my career with an MBA in Finance, but my parents aren’t convinced this is necessary, so I need good reasons why MBA Finance degrees make sense. Financial managers are those who are
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Should You Check Your Accountant’s Work?

January 16th, 2015

My wife and I own some income property between us and have operated a real estate management firm for a couple of years. We have used the same accountant in that time and we want to be sure he’s doing a good job. My question is, how do we do a finance check or an
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Tips to Find a Good Investor

January 16th, 2015

I came up with a great idea for a website business and need some money to get it off the ground. Could you please tell me how do you find investors? The easiest and most accessible funding option for most people is an affluent relative or friend who could extend a loan for you to
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How to Calculate Growth Rate of Real GDP

January 5th, 2015

Real Gross Domestic Product (Real GDP) is a modification of the basic Gross Domestic Product (GDP) calculation that is commonly used to measure the size and growth of a country’s economy. Real GDP involves modifying the normal GDP figure to account for inflation and remove the impact that it has on GDP growth over time.
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How to Calculate GNP

January 5th, 2015

One useful measure used to assess the size and growth of a country’s economy is the Gross National Product (GNP). GNP quantifies the size of a country’s economy factoring in both what is produced within its borders and what is generated by its citizens abroad. GNP is typically calculated as: GNP = GDP + Net
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How to Calculate GDP Growth Rate

January 5th, 2015

While Gross Domestic Product (GDP) is itself a useful number calculated to reflect the value of a country’s economy it is far more insightful to assess GDP over time and see how a country’s economy is growing (or contracting) over time. A relatively high GDP is great, but if it is declining from quarter to
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Real Gross Domestic Product

January 5th, 2015

Real Gross Domestic Product (Real GDP) is a modification of the basic Gross Domestic Product (GDP) calculation that is commonly used to measure the size and growth of a country’s economy. The modification performed is to adjust GDP to account for the impact of inflation in the country over a set period of time. GDP
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How to Calculate Real GDP

January 5th, 2015

Gross Domestic Product (GDP) is the most common measure used when it comes to assessing the economic status, health, and growth of a country. However, simply looking at GDP itself can be misleading in terms of the growth it can project from quarter to quarter or year to year. One adjustment to simply looking at
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GDP Growth

January 5th, 2015

One of the most common economic indicators discussed in media, government, and business professionals is Gross Domestic Product (GDP). GDP is an indicator of a country’s economic health both in terms of how it changes each quarter and how a country stacks up compared to other countries. Typically GDP is calculated as follows: GDP =
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Depression vs. Recession

January 5th, 2015

Over the past few years the terms depression and recession have featured prominently when discussing the economies of many countries. While they are often used nearly interchangeably they do technically refer to two different things when it comes to economic downturns. This article will discuss the specific concepts so you can clearly distinguish between a
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GDP vs. GNI

January 5th, 2015

When comparative economic statistics are used to look at the performance of companies two of the key summary figures used are Gross Domestic Product (GDP) and Gross National Income (GNI). While they both work to calculate how well a country is doing economically from year to year, or compared to other countries, the do reflect
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