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Glossary / Lexicon

What is freedom of the press?

09/04/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Freedom of the press is a fundamental principle in many democracies and one of the pillars of freedom of expression. It refers to the right of journalists, media companies, and citizens to freely gather, publish, and disseminate information without government interference or censorship. Freedom of the press is enshrined in constitutions or laws in many countries and is considered an essential component of democracy. Here are some important aspects of press freedom:

Free from censorship:

Journalists and media companies should be able to publish news and information without government interference or censorship. This means that the government does not have the right to prohibit or control the publication of information.

Right to Freedom of Information: citizens have the right to receive information from a variety of sources in order to make well-informed decisions. The media plays a crucial role in providing information about political, social, and economic affairs.

Right to freedom of information.

Protection of Journalists: Freedom of the press protects journalists from reprisals, threats, and violence they may suffer in the course of their work. This can include legal protection from libel suits, physical security, and access to information.

Pluralism and diversity: A free press should represent a variety of opinions and perspectives and reflect the diversity of society. This promotes open discussion and exchange of views.

Responsibility: Although freedom of the press is a fundamental right, media companies and journalists also have a responsibility. This includes the duty to ensure accurate and balanced reporting and to uphold ethical standards.

It is important to note that press freedom is not unrestricted and may be limited in some cases, for example, to protect national security or the rights of others. The exact form that press freedom takes can vary from country to country and depends on the respective laws and constitutions. Overall, however, freedom of the press is a critical component of democracy and freedom of expression.

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What is self-employment?

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Self-employment refers to the condition or occupation of a person running their own business, firm, or business activity rather than working as an employee for someone else. Self-employed people are often referred to as entrepreneurs, self-employed or freelancers, depending on the type and scope of their work.

Self-employment offers some benefits, such as the ability to control one's working hours and patterns, greater control over business decisions, and potentially greater financial rewards. However, there are also risks associated with self-employment, such as income uncertainty, responsibility for business decisions, possible longer working hours and managing various aspects of the business.

The forms of self-employment can be varied, from sole proprietorships to freelancers to small business owners and owners of larger companies. Self-employment often requires entrepreneurial skills such as planning, organization, financial management, marketing and customer care.

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What is a self-employed person?

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A self-employed person, also called self-employed or self-employed, is a person who carries out his or her professional activity independently, without being in a permanent employment relationship with an employer. Self-employed people can work in a variety of industries and professions, such as freelancers, entrepreneurs, artists, craftsmen, or consultants. Unlike employees, self-employed individuals often have more control over their work, hours, and how they deliver their services. They are usually responsible for their own taxes and social security contributions, have to take care of their own business expenses, and can deduct their income directly from their earnings. Self-employed individuals have to comply with different legal and tax frameworks in many countries. Depending on the country and industry, there may be certain registration requirements, licensing fees, tax returns and other obligations that come with self-employment.
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What are sales addresses?

08/29/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Sales addresses are contact details of potential customers or business partners used by a company or organization to sell products or services. These addresses can include physical locations, phone numbers, email addresses, or other contact information that enables the sales team to make direct contact and conduct sales calls.

Sales addresses are an important part of the sales process. Companies collect and manage these addresses in a database or customer relationship management (CRM) system to identify and qualify potential customers and develop effective sales strategies. By using sales addresses, companies can better target their marketing and sales activities to reach the right customers and close more successful sales deals.

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What is sales data?

08/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Sales data refers to the information collected, processed and analyzed in connection with a company's sales process. This data provides insights into the performance and effectiveness of a sales team, as well as customer interactions and the sales process as a whole. Sales data can come from a variety of sources, including sales activity, customer data, orders, sales figures, revenue and more.

Here are some examples of sales data:

Customer data: Information about existing and potential customers, such as contact details, company details, purchase history, and preferences.

Sales activity: Data about sales activities, such as calls, emails, meetings, and presentations conducted by sales representatives.

Orders: Information about products or services ordered by customers, including product type, quantity, price, and time of delivery.

Sales activity data.

Sales figures: Data about the number of products sold or services completed over time.

Revenue data: Information about revenue generated from sales activities.

Sales Channels: Data about which channels (online stores, physical stores, affiliates, etc.) are used to process sales.

Sales performance: Information about the revenue generated from sales activities.

Sales performance: data that measures the performance of sales teams and reps, such as close rates, conversion rates, and revenue per sales rep.

Sales analytics: the analysis of sales data to identify trends, patterns, and opportunities that can help the company optimize its sales strategies.

Sales data plays a critical role in executive-level decision making. They enable companies to monitor, adjust, and optimize their sales strategies to increase customer satisfaction, drive revenue, and identify growth opportunities.

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