Kaizen

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 logistics, that cross organizational boundaries into the supply chain. It has been applied in healthcare, psychotherapy, life-coaching, government, banking, and...

Haggle

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 counteroffers to each other. The individual trying to buy the good and service is trying to pay the least amount...

A-Note

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 with funds from the underlying assets. They can be labeled AAA, AA, or A, depending on the credit quality of...

Initial Public Offerings – IPO

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 uncommon for larger companies either especially those that wish to reach the public. The process is simple enough. In an...

Haas School of Business

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 are usually ranked among the top in the country. Explaining 'Haas School of Business' The Haas School...

Vagit Y. Alekperov

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 Lukoil in 1993. Alekperov owns a 20% stake in Lukoil, which is an international energy giant. Explaining 'Vagit...

Hacktivism

Hacktivism

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 company or government, or promoting a political agenda. Hacktivists typically use denial-of-service attacks to shut down websites or systems, but...

PEG Ratio

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), and the company's expected growth. In general, the P/E ratio is higher for a company with a higher growth rate....

KOF Economic Barometer

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 design with three modules: core GDP, construction and banking. The barometer has a complex structure, as it bundles as many...

Macro Environment

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 product (GDP), inflation, employment, spending, and monetary and fiscal policy. The macro environment is closely linked to the general business...