What is a Closing Ratio? In sales, the closing ratio measures the number of business proposals and presentations by salespersons that are converted into actual sales. It is also a measure of the number of business deals that sales experts close which is used to evaluate how effective the salespersons are. The closing ratio is calculated by measuring...

What is a AAAA Spot Contract? The AAAA spot contract refers to an American Association of Advertising Agencies standardized contract. It is a contract published by the American Association of Advertising Agencies, and it is used during the television or radio commercial spots purchase. Generally, the AAAA spot contract transaction is usually between...

What is the KOF Economic Barometer? This is an amalgamated indicator used in Switzerland to provide reliable readings on the growth of the economy in comparison to a similar quarter in the previous year. The barometer has a multi-sectoral design made up of three components which are core GDP, banking, and construction. It rolls up to 20 individual i...

What is Pop-Up Retail? Pop-up retail is a short-term retail store opened by retailers to benefit from seasonal demands and trends. Certain products and services are seasonal, this means they get higher demands in particular season, for instance, an Eskimos or a sweater will get a higher demand during winter. Companies that sell home heaters and offe...

What is Web Syndication? Syndication refers to the transfer, sale or licensing of materials for publication by a set of individuals. Web syndication refers to a method used by websites to share contents and material from a site to another site. It is a strategy used to market content and materials from one site to another. In a web syndication, ther...

What is a Certificate of Origin? The certificate of origin refers to the document used by the exporter to show the origin of goods when they reached the destination. The document is used to a certain the origin of the goods imported to satisfy financial or custom requirements. When a Certificate of Origin is Used A Certificate of Origin (CO) is an i...

What is Page Rank? An algorithm that Google search uses for ranking websites in its search engine results is called Page Rank. This term is on the name of Larry Page, who is one of the pioneers of Google. Page Rank is a method of measuring how much important web pages are. Google says:  Page Rank counts the quality and no. of page links to roughly e...

What is Monthly Active Users? The number of individuals using an application or visiting a website per month (Monthly Active Users) is a key performance indicator or metric for social media firms and websites offering web content or services. Back to: ACCOUNTING, TAX, & REPORTING How is Monthly Active Users Used? Web service, content, and app co...

What is Freemium?  Freemium is a revenue model whereby a base product is offered for free, while more advanced or developed aspects of the product (premium features) are available for purchase or a fee. ...

What is a Local Algorithm (local results)? Local algorithm or local results are the aftermath of a user's search on search engines, it is used by search engines in ranking businesses or listing businesses. Local algorithm presents businesses according to their relevance in the user's query. Local algorithm or results also describe the specific formu...