Tag: process

Creative destruction, sometimes called Schumpeter's gale, is an idea people studying economics theory say may lead to innovation in the business cycle. Karl Marx...

What is 'Tactical Asset Allocation - TAA' Tactical asset allocation is an active management portfolio strategy that shifts the percentage of assets...

What is a C Corporation A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...

What is the 'Taguchi Method Of Quality Control' The Taguchi method of quality control is an approach to engineering that emphasizes the...

What is 'Zero-Based Budgeting - ZBB' Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for...

What is 'Labor Intensive' Labor intensive refers to a process or industry that requires a large amount of labor to produce its goods or services....

What is 'Obsolescence Risk' The risk that a process, product or technology used or produced by a company for profit will become...

What is a 'Valuation Analysis' A form of fundamental analysis that looks to compare the valuation of one security to another, to...

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...