Customer-centricity is a business philosophy that puts the customer at the center of everything the company does. This means that the company’s goals, strategies, and processes are all designed to meet the needs of the customer. There are many benefits to being customer-centric. First, it can help to improve customer satisfaction. When customers feel like…
Cross-functional
Cross-functional is a term that describes a team, a project, or a process that involves people or departments who have different types of work or expertise for the same organization. Cross-functional teams are groups of people who collaborate to achieve a common goal, such as developing a new product, launching a marketing campaign, or improving…
Gold prices today – June 3, 2023
As of 11:34 AM PST on June 3, 2023, the price of gold is $1,850 per ounce. This is a decrease of $10 from the previous day. The price of gold has been on a downward trend in recent months, due to a number of factors, including rising interest rates and a stronger US dollar….
Check in the box
Check in the box is a phrase that can have different meanings depending on the context. Some possible meanings are: A checkbox, also known as a check box, tick box, or tick box, is a graphical user interface element that allows a user to make a binary choice, such as “yes” or “no.” Checkboxes are…
Cascade
Cascade is a term that can have different meanings depending on the context. Some possible meanings are: Cascade in the business context refers to a process where information or tasks are passed down from one level to the next in a hierarchical organization. This can be done in a number of ways, such as through…
Bottleneck
A bottleneck is a point in a system where the flow of work is slowed down or stopped. Bottlenecks can occur in any type of system, including businesses, organizations, and even the human body. In a business, a bottleneck can occur anywhere in the production process, from ordering materials to delivering the finished product to…
Blue sky thinking
Blue sky thinking is a type of creative problem-solving that involves generating new ideas without being constrained by current limitations or constraints. It is a way of thinking outside the box and coming up with new and innovative solutions to problems. Blue sky thinking is often used in business and in other creative fields, such…
Best practices
Best practice is a term that refers to a method or technique that has been generally accepted as superior to other known alternatives because it often produces results that are superior to those achieved by other means or because it has become a standard way of doing things, such as complying with legal or ethical…
Bandwidth
Bandwidth is a term that refers to the maximum rate of data transfer across a given path or medium Bandwidth is measured in bits per second (bps) or its multiples, such as kilobits per second (Kbps), megabits per second (Mbps), or gigabits per second (Gbps). Bandwidth can be characterized as network bandwidth, data bandwidth, or…
Core Competency
Core competency is a term that refers to the capabilities, knowledge, skills and resources that constitute the defining strength of an organization or an individual12. Core competency is what sets a business or a person apart from their competitors and gives them a competitive advantage in their industry or sector23. Core competency is not easily replicated…
Responsive Design
Responsive design is a web design approach that uses flexible layouts to ensure that a website or app looks good and functions well on a variety of devices, including desktops, laptops, tablets, and smartphones. Responsive design is achieved by using CSS3 media queries to change the layout of a website or app depending on the…
Scalable
Scalable means that something can be increased in size or volume without sacrificing its efficiency or effectiveness. In the context of business, scalability refers to the ability of a company to increase its output or revenue without having to make significant changes to its infrastructure or operations. There are two main types of scalability: horizontal…