DefinitionIn marketing terminology, a killer application is any computer program that is so necessary or desirable that it proves the core value of some larger technology, such as computer h

DefinitionIn corporate finance, Hamada's equation, named after Robert Hamada, is used to separate the financial risk of a levered firm from its business risk. The equation combines the Modig

Hard Skills What are 'Hard Skills' Hard skills are specific, teachable abilities that can be defined and measured, such as typing, writing, math, reading and the ability to use software pr

Make To Order (MTO) What does 'Make To Order - MTO' mean Make to order (MTO) is a business production strategy that typically allows consumers to purchase products that are customized to t

DefinitionA value-added reseller is a company that adds features or services to an existing product, then resells it as an integrated product or complete "turn-key" solution. This practice o

Waterfall Concept What is 'Waterfall Concept' A life insurance plan that provides a tax benefit in regards to intergenerational transfers of wealth. The concept occurs when a tax-exempt in

DefinitionA Gantt chart is a type of bar chart that illustrates a project schedule, named after their inventor, Henry Gantt, who designed such a chart around the years 1910–1915. Modern Ga

Manufacturing Resource Planning (MRP II) What is 'Manufacturing Resource Planning - MRP II' Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses.

Java What is 'Java' Java is a programming language developed by Sun Microsystems. It is designed to have the ability to run across multiple operating systems and on various manufacturersâ€

DefinitionLawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of