35 posts


Cost-cutting Definition – Strategy – Example

What Is Cost-cutting? Cost-cutting occurs when an organization strategically reduces expenditures and directly implements measures to improve profitability. Measures implemented by a corporation to cut costs and expenses while boosting profitability are referred to as cost reduction. These steps are often taken when a company is in financial difficulties or […]

Variable Interest Entity

Variable Interest Entity – What Is a VIE?

What Is a Variable Interest Entity (VIE)? A variable interest entity (VIE) is a legitimate business structure where an investor can have controlling interest without holding majority voting rights. A variable interest entity is a legal corporate structure.  It is established such that a single investor can control the company […]