Game Theory

Game Theory (GT)

What is Game Theory? Abbreviated as GT according to AbbreviationFinder, game theory is the study of decision making that an individual makes when the outcome of this choice depends on what other individuals decide, as in a strategy game. This theory was developed from studies on economics and mathematics, through strategic situations in which a […]

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World Economic Forum (WEF)

World Economic Forum (WEF)

Short for WEF by AbbreviationFinder, World Economic Forum, has set itself the goal of sharing and dialogue on the development of the economy and promote social progress; Headquarters: Geneva. The foundation is supported by its members, which include the world’s 1,000 largest private companies and 200 smaller companies, mainly from developing countries. The WEF was […]

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United Nations (UN)

United Nations (UN)

The UN’s work for economic and social development has over the years become more specialized. A number of assistant bodies and specialist bodies have been formed or given new tasks. The reform work within the UN has meant that various bodies have begun to work together to achieve common development goals that concern their areas […]

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Business Expenses 3

Meaning of Business Expenses 3

Other unlimited deductible business expenses You can enter all expenses that have not yet been mentioned here. This includes, for example, your travel costs , telephone costs or advertising costs. Difficulties in recognizing business expenses As noted briefly earlier, there are costs for which it is not entirely clear whether they are business or personal. […]

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Bankruptcy Petition

Meaning of Bankruptcy Petition

Filing for bankruptcy – if a company becomes insolvent, it goes into bankruptcy (= insolvency). In the event of insolvency or overindebtedness, a company is obliged to file for bankruptcy immediately. In the event of impending insolvency, a company can file for bankruptcy at its own discretion. When filing for insolvency, insolvency proceedings are initiated […]

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Social Groups

Meaning of Social Groups

Human nature itself requires men to group together. Life in society is a necessary condition for the survival of the human species. Since the beginning, men have lived together, forming social groups , such as families, for example. For sociologist Karl Mannheim, the contacts and social processes that bring individuals closer or further apart cause […]

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Corporate Identity

Meaning of Corporate Identity

Corporate identity describes a complex, strategic concept. This coordinates all corporate activities both in terms of content and form. All of this serves to create a distinctive personality and increase acceptance performance. What is corporate identity (CI)? When you’re starting out as an entrepreneur or startup, it may sound a little strange and excessive to […]

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Opium

Meaning of Opium

Opium, a natural product of the poppy Papaver Somniferum, belongs to the category of opiates, which is also composed of morphine, codeine and heroin. It is obtained by making an incision in the poppy capsule, from which a milky-looking liquid comes out that solidifies easily, becoming brownish. An average of 3000 plants are needed to […]

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