Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a customer places an order, the store purchases the item from a third-party supplier, who then ships the product directly to the customer.
Accounting is the systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or individual. It helps in understanding the financial health of an organization, ensuring compliance with laws, and aiding in decision-making.
A product is any item or service that is created to meet a need or desire of a consumer. It can be tangible, such as physical goods, or intangible, such as services or digital content. Products are designed, developed, and marketed to fulfill specific demands and provide value to customers.
Analytics is the process of collecting, processing, and analyzing data to uncover meaningful patterns, trends, and insights that support decision-making. It involves using statistical methods, algorithms, and tools to interpret data and solve problems in various fields like business, marketing, healthcare, finance, and technology.
