Geographic Area

Exclusive Distribution
A strategic marketing approach in which a manufacturer grants a select few intermediaries the exclusive right to distribute its products within specific geographic areas.
Geographic Segment
Geographic segments refer to specific geographical areas, typically countries or groups of countries, where a company operates. According to International Financial Reporting Standard (IFRS) 8, companies must disclose certain financial data for each geographic segment in their financial statements.
Survey Area
A survey area refers to a specific geographic location that is used to collect data, typically during research studies or market analyses. The purpose of defining a survey area is to ensure the data collected is relevant and represents the broader population or market being studied.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.