Representation Costs

Representation Costs in English

“If you don’t advertise, you die!” This quote, which is attributed to the American auto mogul Henry Ford, is still valid today and not only for vehicle manufacturers. Representation costs play an important role for almost all companies. However, the term is neither a business nor a legal term. The marketing department often means something […]

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Imparity Principle

Imparity Principle in English

What is the imparity principle? The imparity principle is one of the fundamental principles in double-entry bookkeeping . It stipulates that merchants must exercise the necessary caution when assessing all business transactions and therefore have to record losses as soon as they can be assumed. The principles of proper bookkeeping regulate the recording of business […]

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Shareholder in English

Various participation can be found within a company: there is the managing director, the shareholder , a supervisory board and much more. If you are a shareholder in a GmbH or another form of company, you have certain rights and obligations, which we would like to explain to you in more detail below. What is […]

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Benchmarking in English

What exactly is benchmarking? Benchmarking is a process that continuously searches for opportunities for improvement. This approach ensures that the company remains competitive. This means that the aim is to close any performance gap. These comparisons were originally only made among the world’s large corporations, but benchmarking is now used regardless of company size and […]

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Facts about the duck condor

Duck Condor in English

The duck condor is the world’s largest bird of prey and therefore the largest of its kind. The duck condor is impressive in sight as it quietly glides around on its large, motionless wings. It also looks great when it steers down towards its rock shelf and strikes its feet out, spreading its neck to […]

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