Category: Business

1. Introduction to LCL and FCL: LCL (Less than Container Load) and FCL (Full Container Load) are two terms frequently used in the shipping and logistics industry to describe different approaches to container shipping. These methods play a crucial role in international trade, determining how goods are packed, shipped, and delivered to their destination. Additionally, […]

Everywhere you read about the “CEO” of the company and don’t know what that means? We’ll tell you what the abbreviation stands for and how you use it. That means CEO: Chief Executive Officer According to abbreviationfinder, the English abbreviation “CEO” stands for “Chief Executive Officer”, which means something like “managing director” or “chairman of […]

Abbreviated as CM by Abbreviationfinder, the contribution margin is an indicator that shows how much revenue is left over from the sale of products or services to pay the fixed costs of the business and generate profit. Also called gross gain or gross profit, the contribution margin is calculated by subtracting the sum of expenses […]

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 […]

The notion of life cycle can be used in different areas. In biology, life cycle is understood as the alternation of generations. This means that, in eukaryotes, sexual reproduction exhibits an alternation of nuclear phases: meiosis results in a haploid phase and the fusion of gametes generates a diploid phase. The marketing or marketing uses […]

As defined on ABBREVIATIONFINDER.ORG, CRM stands for Customer Relationship Management and the purpose of a CRM system is as it sounds – to manage customer relationships. Today, customer relationships are the key to any business and industry. Creating good customer relationships by managing them properly will result in customers coming to you and not the other way around. In the system you can register […]