Category: Definitions

Data analytics is the process of inspecting, cleaning, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data...

Cloud computing is the on-demand availability of computing resources as services over the internet1. It eliminates the need for enterprises to procure, configure, or manage resources themselves, and...

A performance appraisal is a formal review of an employee’s job performance. It is typically conducted once a year, but it can be done more...

Employee engagement is a measure of how involved and enthusiastic employees are about their work. It is a key factor in employee satisfaction and productivity....

Employee benefits are non-salary compensation that employers offer their employees. They can include a variety of things, such as health insurance, retirement plans, paid time...

Human resources (HR) is a department in an organization that is responsible for all aspects of employee management. This includes recruiting, hiring, training, developing, and...

Return on investment (ROI) is a financial ratio that measures the profitability of an investment. It is calculated by dividing the net profit (or loss)...

Cost of goods sold (COGS) is the direct cost of producing the goods that a company sells. It includes the cost of materials, labor, and...

Capital expenditure (capex) is a type of expense that a company incurs to acquire, upgrade, or maintain physical assets that are used in its operations....

A budget is a plan for how you will spend your money. It can help you to track your spending, save money, and reach your...

Finance is the study of money, investments, and how money is managed. It is a broad field that includes many different areas, such as: Finance...

A warranty is a promise made by the seller of a product or service that the product or service will meet certain standards. Warranties can...