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Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. Economist Alex Tabarrok has argued that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion ...
COSCO Shipping Development Co., Ltd., stylized as COSCO SHIPPING Development is a financial services company based in Shanghai, China . It was known as China Shipping Container Lines (CSCL) and was among the world's largest container liner companies. It exited the container shipping business and was renamed to COSCO SHIPPING Development because ...
Minimum acceptable rate of return. In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk ...
Minimal deterrence. In nuclear strategy, minimal deterrence, also known as minimum deterrence and finite deterrence, is an application of deterrence theory in which a state possesses no more nuclear weapons than is necessary to deter an adversary from attacking. [1] Pure minimal deterrence is a doctrine of no first use, holding that the only ...
A minimum spanning tree ( MST) or minimum weight spanning tree is a subset of the edges of a connected, edge-weighted undirected graph that connects all the vertices together, without any cycles and with the minimum possible total edge weight. [1] That is, it is a spanning tree whose sum of edge weights is as small as possible. [2]
The global minimum corporate tax rate, or simply the global minimum tax (abbreviated GMCT or GMCTR ), is a minimum rate of tax on corporate income internationally agreed upon and accepted by individual jurisdictions in the OECD / G20 Inclusive Framework. Each country would be eligible for a share of revenue generated by the tax.