Market Extra: Here’s why Turkey’s snap election won’t solve all the lira’s problems

It will take more than a snap election to fix Turkey’s fundamental economic problems or provide more than a temporary lift to the long-suffering lira. Turkey’s currency got a boost last week from President Recep Tayyip Erdogan’s surprise decision to call an early election for June 24 that he’s expected to win. The poll pre-empts … Read more

Kiosk

What is ‘Kiosk’ A kiosk is a small, temporary, stand-alone booth used in high-traffic areas for marketing purposes. A kiosk is usually manned by one or two individuals, who help attract attention to the booth to get new customers. Retail kiosks are frequently located in shopping malls or on busy city streets with significant foot … Read more

Account Supervisor

DEFINITION of ‘Account Supervisor’ An account supervisor oversees the handling of corporate client accounts and generally supervises a number of account executives. It is a middle-management position that requires a number of years of relevant work experience. This job title is common in the advertising and media relations businesses. BREAKING DOWN ‘Account Supervisor’ The primary … Read more

The Top 4 Starbucks Shareholders

The Starbucks Corporation’s (NASDAQ: SBUX) rise to fame started from a single coffee shop in Seattle’s Pike Place Market in 1971. By the end of 2017, there were 27,000 company-operated and licensed stores globally. With humble beginnings, Starbucks’ explosive success is among the many great American business stories that entrepreneurs study. While Starbucks is known … Read more

Mutualization

DEFINITION of ‘Mutualization’ Mutualization is the process of changing a firm’s business structure from a joint stock company to a mutual structure where the stockholders or customers own a majority of shares. They become eligible to receive cash distributions from the company in direct proportion to the amount of revenue the company earns from each … Read more