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A bōnenkai (忘年会, literally "forget the year gathering") is a Japanese drinking party that takes place at the end of the year and is generally held among groups of co-workers or friends. [ 1 ] [ 2 ] The purpose of the party, as its name implies, is to forget the woes and troubles of the past year, and hopefully look to the new year ...
In marketing, a corporate anniversary is a celebration of a firm's continued existence after a particular number of years. The celebration is a media event which can help a firm achieve diverse marketing goals, such as promoting its corporate identity, boosting employee morale, building greater investor confidence, and encouraging sales.
The party plan is a method of marketing products by hosting what is presented as a social event at which products will be offered for sale. It is a form of direct selling.The primary system for generating sales leads for home party plan sales is the home party itself: the salesperson uses the home party business model as a source for future business by asking attendees if they would like to ...
Year-ending (or "12-months-ending") is a 12-month period used for financial and other seasonal reporting. [1]In the context of finance, "Year-ending" is often provided in monthly financial statements detailing the performance of a business entity. [2]
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
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For example, if the fiscal year end month is August, the company's year end could fall on any date from August 25 to August 31. In particular, the last fiscal week is the one that includes August 25 and the first fiscal week of the following year is the one that includes September 1. In this scenario, fiscal years would end on the following days:
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