Term of the day
brand crisis
A special form of a product-harm crisis where the negative event centers on one particular brand or a set of brands belonging to the same company. When a brand crisis breaks out, consumers and other stakeholders (e.g., shareholders, the media, regulators) are likely to raise questions about the affected brand and why the crisis happened such as: who is to blame? Is the event likely to happen again? Is it true? What does the crisis signal about the brand?
Short-term effects of a crisis are lost...
Professor of the week
Kristiaan Helsen
Kristiaan Helsen is associate professor of marketing at Hong Kong University of Science and Technology
Basics of business
- book valueThe book value of an asset is its value on a company's balance sheet. This may be different to its market value. The usual method for fixed...
- economic indicators
- endowment
- executive compensation
- FDIC-style resolution
- global mindset
- loonie
- market conditions
- proxy access
- rating agencies
- reverse innovation
- return on funds employed
- risk management
- strategic innovation
- too big to fail
- trust fund
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Business glossary
- business ecosystemIncreasingly, businesses operate in a broader network of related businesses offering particular products or services. This is known as a...
- business model
- classical economics
- corporate governance
- corporate responsibility
- elasticity of demand
- flexible working
- generation Y
- green technology
- hidden needs
- market capitalisation
- moral hazard
- price/earnings ratio
- return on equity
- social media
- sustainable enterprise
- trade secret
- value investing
- venture capital
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UK Budget glossary
- air passenger dutyAir Passenger Duty (APD) is a per passenger charge on air travel from UK airports. The level of duty varies depending on the class of travel...
- alcohol and tobacco duties
- aggregates levy
- annual investment allowance AIA
- automatic enrolment into pension schemes
- business premises renovation allowance
- bank levy
- capital allowances
- capital allowances for enterprise zones
- capital allowances for motor vehicles
- capital gains tax
- carbon price floor
- child trust fund
- climate change levy
- common consolidated corporate tax base
- corporate tax road map
- corporation tax
- corporation tax deductions
- community investment tax relief
- cross-border loss relief
- controlled foreign company
- debt cap
- disclosure of tax avoidance schemes DTAS
- disguised remuneration
- enhanced capital allowances ECA
- enterprise investment scheme
- enterprise management incentives
- furnished holiday lettings
- general anti-avoidance rule GAAR
- Her Majesty's Revenue & Customs
- income tax
- inheritance tax
- inheritance tax and trusts
- insurance premium tax
- International Financial Reporting Standards IFRS
- IR35
- ISA
- junior ISA
- landfill tax
- managed service companies
- national insurance
- NEST
- patent box
- PAYE
- pension credit
- pre-owned assets
- R&D tax credits
- real estate investment trust REIT
- real time information
- residence and domicile
- seed enterprise investment scheme
- senior accounting officer
- stamp duty and stamp duty land tax
- taxation of foreign profits
- transfer pricing
- UK Swiss Tax Agreement
- VAT
- VAT annual accounting
- VAT cash accounting
- VAT flat rate scheme
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