Learning curve Definition & Meaning

Sometimes this plateau is false because the learner might be developing new skills and ideas to improve his efficiency and productivity. This is because the task might be simple or the learner might have previous knowledge that now comes to his aid. Authoring software...

Are Salaried Employees Entitled To Overtime Pay?

If their pay stays at the same rate, they’ll get paid more for overtime work. If your employee does not qualify as exempt, they are nonexempt, which means they are eligible for overtime pay and other protections of the wage and hour laws. For more information on how...

What is sales mix?

In contrast, Product C generates the least sales revenue, but it has the highest contribution margin. By analyzing the sales mix, the company can make strategic decisions about which products to promote and invest in. Sales mix is the relative proportion or ratio of a...

Good Debt vs Bad Debt: Examples and Solutions

There are several reasons why a debtor may fail to pay an amount due, including death, bankruptcy, insanity, and others. The company had extended short-term credit to the customer as part of the transaction under the assumption that the owed amount would eventually be...