What Is an Acquirer in Mergers and Acquisitions? In a merger or acquisition, an acquirer is a firm that gains the rights to another company or commercial connection through a financial transaction. These can be mergers, acquisitions, or other types of structured agreements. Acquirers buy out a firm and take […]
What Is the Marginal Rate of Transformation (MRT)? Marginal Rate of Transformation measures opportunity cost. It shows how many units of one product you need to curtail to make one unit of another. In other words, MRT deals primarily with economic priorities given limited available resources. The marginal rate of […]
What Is Incremental Analysis? Incremental analysis is a business decision-making tool that examines alternative choices based on marginal cost differences between them. Incremental analysis is used in business to determine the true cost difference between alternatives. This technique is also known as the relevant cost method, marginal analysis, or differential […]
What Is Form 8857: Request for Innocent Spouse Relief? Form 8857 is an IRS Tax Form requesting innocent spouse tax relief. It is used by taxpayers to seek relief from a tax burden involving a spouse or ex-spouse. Couples who file a combined tax return are generally jointly liable for […]
JIT Meaning – Just in Time Inventory and Manufacturing JIT Meaning: JIT or just-in-time commonly refers to an inventory and manufacturing strategy. It aligns raw-material orders from suppliers directly with production schedules and usage. Companies employ this inventory and manufacturing strategy to increase efficiency and decrease waste. Receiving goods only […]
What Is Moral Suasion? Moral suasion is the act of using verbal arguments, appeals, and persuasion to influence a person or group of people to change their behavior. This is in contrast to using overt coercion or physical force. In other words, moral suasion uses diplomatic verbal strategies rather than […]