Tag: product
Laggard
What is 'Laggard' A stock or security that is underperforming. A laggard will have lower-than-average returns compared to the market. A laggard...
Law Of Diminishing Marginal Utility
What is the law of diminishing marginal utility
The law of diminishing marginal utility is the principle that as a person consumes more of a...
Lead Time
What is lead time and why is it important
In the business world, lead time is the amount of time that elapses between the start...
Law Of Supply
DefinitionThe law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in...
Law Of One Price
DefinitionThe law of one price constitutes the basis of the theory of purchasing power parity, an assumption that in some circumstances it would cost...
Law Of Supply And Demand
DefinitionIn microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a...
Economic Indicator
What is an 'Economic Indicator' An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by...
Eat Your Own Dog Food
What is 'Eat Your Own Dog Food' A colloquialism that describes a company using its own products or services for its internal...
Early Majority
What is 'Early Majority' The first sizable segment of a population to adopt an innovative technology. The early majority tends to be...
Economic Growth Rate
DefinitionEconomic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally...