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Java - Term of the Day - Aug 26, 2013 26 Aug 2013 | 07:00 pm

Java New generation, general purpose, versatile programming language that can run on virtually any type of computer (is 'platform and device independent'). Developed ... Read More

Strategy - Term of the Day - Aug 25, 2013 25 Aug 2013 | 07:00 pm

Strategy A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem. Read More

Order - Term of the Day - Aug 23, 2013 23 Aug 2013 | 07:00 pm

Order Commerce: A confirmed request by one party to another to buy, sell, deliver, or receive goods or services under specified terms and conditions. When accepted by ... Read More

Keynesian Economics - Term of the Day - Aug 22, 2013 22 Aug 2013 | 07:00 pm

Keynesian Economics A school of economic thought founded by the UK economist John Maynard Keynes (1883-1946) and developed by his followers. In 1936, at the height of the ... Read More

Agency - Term of the Day - Aug 21, 2013 21 Aug 2013 | 07:00 pm

Agency Fiduciary relationship between two parties in which one (the 'agent') is under the control of (is obligated to) the other (the 'principal') . The agent is ... Read More

Statistics - Term of the Day - Aug 20, 2013 20 Aug 2013 | 07:00 pm

Statistics Branch of mathematics concerned with collection, classification, analysis, and interpretation of numerical facts, for drawing inferences on the basis of their ... Read More

Insight - Term of the Day - Aug 19, 2013 19 Aug 2013 | 07:00 pm

Insight Feedback; ideas about the true nature of something. In business, product testing sessions are used to gather insight from people with different backgrounds, ... Read More

Leadership - Term of the Day - Aug 19, 2013 19 Aug 2013 | 07:00 pm

Leadership The individuals who are the leaders in an organization, regarded collectively. Read More

Agent - Term of the Day - Aug 16, 2013 16 Aug 2013 | 07:00 pm

Agent Party that has express (oral or written) or implied authority to act for another (the principal) so as to bring the principal into contractual relationships ... Read More

Fixed Cost - Term of the Day - Aug 15, 2013 15 Aug 2013 | 07:00 pm

Fixed Cost A periodic cost that remains more or less unchanged irrespective of the output level or sales revenue, such as depreciation, insurance, interest, rent, ... Read More

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