Definition Kaizen, is the Japanese word for "improvement". In business, kaizen refers to activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers. It also applies to processes, such as purchasing and...
What is 'Haggle' When two parties involved in the purchase of a good and service negotiate the price until both parties can mutual agree on a price. The process of haggling involves two parties making offers and...
What is 'A-Note' The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other notes, such as B-notes in bankruptcy or other credit proceedings, and is paid back first...
IPO or Initial Public Offering refers to the first stock sale made by a private organization to the public. This move is typically used by small companies that require funds in order to expand operations, but it is not...
What is 'Haas School of Business' The business school at the University of Berkeley. It offers a wide variety of programs, including an MBA degree, master's program in financial engineering, Ph.D. and undergraduate studies. The school's programs...
What is 'Vagit Y. Alekperov' The founder of major Russian oil company Lukoik. Lukoil began as Langepas-Uray-Kogalymneft, a Russian state-owned energy company that Alekperov helped to found in 1991. He became the company's president when it became...
What is hacktivism and what are its goals Hacktivism is a type of activism that uses computer hacking to further its goals. While the goals of hacktivism can vary, they often include raising awareness about a cause, protesting against a...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityPEG ratio The 'PEG ratio' (price/earnings to growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS),...
What is 'KOF Economic Barometer' A composite indicator that provides a reliable reading on the direction of GDP growth for the Swiss economy compared with the year-earlier quarter. The KOF Economic Barometer is based on a multi-sectoral...
What is a 'Macro Environment' A macro environment is the condition that exists in the economy as a whole, rather than in a particular sector or region. In general, the macro environment includes trends in gross domestic...