|
You will see the term Ceteris Paribus in science as well as
in business. It is a Latin term which you will see sometimes when someone is
giving an example of a process or theory.
Basically, Ceteris Paribus means “All other things being
equal.” More or less it would mean that one thing changes and all other things
remain the same.
An example would be we have seen an increase in sales. We
are on track to break an all-time sales record. We should hit the $1 million
mark by the end of the week Ceteris Paribus. That is, we should hit this goal
if nothing else changes, if there are no surprises.
|
Disclaimer
The opinions or advice listed in this blog or website should be used as a place to start only. It is not a substitute for the use of a professional.
Please be sure to consult your attorney and/or accountant with any specific questions.
There is no one right answer to any business question that will cover all circumstances. Please Visit McClendon Enterprises
No comments:
Post a Comment