Oracle Tutoring, Campbell River, BC
(250) 203-6544 (text) or (250) 830-0295 (talk)
Self-tutoring about business: the tutor mentions the terms re-import and re-export. To re-import is to import a product made from one you exported; to re-export is to export a product based from one you imported. Source: howtoexportimport.com howtoexportimport.com
Self-tutoring about business definitions: the tutor entertains structured and unstructured problems. Structured problems are ones where you know what the solution will look like; if your situation doesn’t look like that, it needs to be solved. Structured problems are often …
Business, philosophy: structured vs unstructured problem Read more »
Self-tutoring about business: the tutor mentions the idea of fabless. The fabless business model means that the company carries on its research and development, as well as marketing, in-house, but contracts out its manufacturing. Source: investopedia.com
Self-tutoring about the world’s top exporters: the tutor mentions the top three. The world’s top exporters seem to be China, then the US, then Germany. More or less, the US exports around 80% as much as China does, then Germany …
Self-tutoring about business terms: the tutor mentions vertical integration. Vertical integration is a type of business organization in which numerous different activities are carried out by the same company because they are related. The company may consume most of the …
Self-tutoring about currencies: the tutor mentions Euro denominations. I noticed, on a news segment, someone counting Euros. Specifically, they were counting €200 notes. I was surprised, since to my knowledge, we don’t have $200 bills. Yet, apparently, there is a …
Self-tutoring about cryptocurrencies: the tutor mentions the smallest unit of bitcoin currently defined. With a bitcoin worth perhaps $75K, how can you buy ordinary things with it? By using subdivisions of it, of course. The smallest bitcoin unit, so far, …
Self-tutoring about stores and brands: the tutor shares a discovery. When I was a kid, big places typically had a Woolworths store. I’d call Woolworths a department store; others might call it a variety store. They were big stores, with …
Self-tutoring about business: the tutor mentions the term “conglomerate.” conglomerate: a corporation that controls numerous smaller companies whose businesses may be otherwise unconnected. Back in the 80s, you heard the term “conglomerate” now and then; I never hear it today. …
Self-tutoring about business terms: the tutor looks into the definition of dumping. dumping: selling a product in a foreign market for less than you charge for it at home. Source: wto.org thebalance.com