Tag: business

Sales Meeting

What is 'Sales Meeting' A gathering in which a product or service is being discussed, and the benefits are outlined to the...

Scarcity Principle

The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states...

Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)

What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers,...

Salad Oil Scandal

DefinitionThe Salad Oil Scandal, also referred to as the "Soybean Scandal", was a major corporate scandal in 1963 that ultimately caused over $150 million...

Backdating

DefinitionOptions backdating is the practice of altering the date a stock option was granted, to a usually earlier date at which the underlying stock...

Bad Credit

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...

Bait And Switch

DefinitionBait-and-switch is a form of fraud used in retail sales, but also employed in other contexts. Bait And Switch What is 'Bait And...

Backlog

What is a 'Backlog' A backlog is a buildup of work that needs to be completed. The term "backlog" has a number...

Black Swan

Black Swan Events or happenings can be best described as unforeseen, rare, and out of control from normal circumstances, which occur beyond expectations and...

Badwill

What is 'Badwill' The negative effect felt by a company when shareholders and the investment community find out that is has done...

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