A job hopper is someone who frequently changes jobs. This term is typically used to describe someone who changes jobs every few years, or even every few months. While there are a variety of reasons why someone might choose to change jobs frequently, it is generally seen as a negative trait, as it can make … Read more
The S&P BSE Sensex (sometimes also known simply as the “Sensex”) is a stock market index that is widely used to measure the performance of the Indian stock market. It is a basket of 30 stocks that are chosen from a variety of different sectors, and is meant to give a broad overview of the … Read more
Decision fatigue is a psychological phenomenon that occurs when people are faced with too many choices, and they start to experience a sense of fatigue or anxiety. This can lead to them making bad decisions, or not making any decisions at all. There are a few different theories about why decision fatigue occurs, but one … Read more
Warez is a term used to describe pirated software. This software is usually obtained illegally through means such as torrenting or cracking. Warez is often distributed through underground networks and is not typically found in legal software stores. What is a warez site? A warez site is a site that provides pirated software, music, movies, … Read more
A revenue model is a plan for generating revenue. It identifies which revenue sources the company will tap into and how it will generate revenue from each. The model also outlines the company’s pricing strategy. The goal of a revenue model is to maximize revenue and profitability. A company’s revenue model should be aligned with … Read more
Synectics is a term used to describe a method of problem solving that is focused on creative thinking and collaboration. The word is derived from the Greek words syn (together) and ktos (to solve). The Synectics approach was developed in the 1960s by William J.J. Gordon, a professor of engineering at Syracuse University. The Synectics … Read more
A closed loop control system is a feedback control system where the control action from the output of the system is fed back to the input of the system to automatically correct any errors. A closed loop system will have a feedback loop which is constantly monitoring the output of the system and comparing it … Read more
ERP stands for enterprise resource planning. Big box store is a type of business that uses ERP to manage its operations. ERP is a system that helps businesses to manage their resources, including inventory, finances, and human resources. Big box stores use ERP to track their sales, inventory levels, and customer information. ERP can also … Read more
A purchase order is a formal document that is created by a buyer and sent to a supplier to request a product or service. The purchase order outlines the items that the buyer wants to purchase, the quantities, the prices, and the terms and conditions of the purchase. The supplier then sends a confirmation of … Read more
The circular economy is an economic system where resources are used in a way that minimizes waste and maximizes the benefits of those resources. In a circular economy, resources are used over and over again instead of being used once and then discarded. There are many benefits to a circular economy. For one, it can … Read more
