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| 1337 Marketer - A written language (also called leet) whose defining characteristic is substitution of... |
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| Bridge Loan - A short-term loan to “bridge” the gap between the current situation and the exit strategy.... |
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| LIFO - Last In, First Out. Pronounced ly-fow. A method for valuing inventory and determining cost of sales.... |
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| Target Customer - The population that has been defined as most likely to be interested in purchasing a... |
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| Stock Rotation - Practices to keep inventory fresh. Usage: Stock rotation in a supermarket keeps food with a... |
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| CPG - Consumer Packaged Goods. Products that individuals and households replace frequently, compared to... |
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| Brainstorm - A process in which one or several people identify many creative ideas on a subject in a short... |
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| CYA - Cover Your Ass. Refers to activities associated with making sure that procedures have been followed.... |
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| Current Liability - A liability (such as debt) that is due within a short period of time, usually 12 month... |
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| Deliverable - A document, either electronic or paper, or outcome that has been promised to a customer or... |
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| Manufacturing Overhead - The general expenses that become a part of cost of goods sold because they are... |
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| Merger - The combining of two separate companies or divisions. Usage: A merger is akin to a marriage between... |
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| POS - The location where the customer is actually paying for the product. Abbreviated as POS. Usage: A... |
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| Computer Literacy - The basic skills and understanding of computers and how to use them. Also called digital... |
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| Prediction - Development of a definite statement about the future based on knowledge of how changes in the... |
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| OpEx - OPerating EXpenses. Those expenses in a financial statement that represent the money spent by the... |
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| Entangle - A strategy used to retain customers by selling services in bundles or packages. Usage: The... |
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| Non-Compete - A prohibition against an individual competing with another company, usually a former employer.... |
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| Intellectual Capital - Copyrights, patents, and know-how. Usage: The company’s competitive edge was based on... |
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| Canopy - A roof-like cover that provides protection from the sun or weather. Usage: The new restaurant has... |
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