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The theory of advanced capital. It is the opposite of the previous point of view. According to it, th

04/06/2023

A businessman usually seeks to turn his asset into capital, which will generate income regardless of the personal participation of the owner, who may continue to work in his enterprise, but may switch to another activity.

04/06/2023

According to the number of employees, the volume of production, the conditions of activity, small, medium and large businesses are distinguished. Small business is the most massive, while each businessman occupies a small share in the market. As a rule, this is a small enterprise that is engaged in retail trade, provision of services or produces homogeneous products.

03/27/2023

Accounting is the measurement, processing and communication of financial information about business entities] such as businesses and corporations. Modern accounting was created by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business," measures an organization's economic performance and communicates this information to various users, including investors, creditors, managers, and regulators. Accounting practitioners are called accountants. The terms "accounting" and "financial reporting" are often used interchangeably.

03/27/2023

institutionalism. The institutional direction of economic thought took shape in the first decades of the 20th century. (T. Veblen, J. Commons, W. Mitchell). They represented three major areas: socio-psychological, socio-legal and institutional-statistical. According to this approach, industry and business are a dichotomy (the first is the source of change and progress, and the second is the factor that counteracts it).

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