Finance/Accounting
This financial statement shows a company’s assets, liabilities, and equity at a single point in time.
What is the balance sheet?
Intial Public Offering
The four Ps of Marketing.
What are price, place, promotion, and product?
The acronym JIT stands for a common term in supply chain inventory management.
What is Just-In-Time?
A tariff refers to a tax on this.
This ratio measures a company’s ability to cover its short-term obligations with current assets.
What is a current ratio?
A startup valued at over $1 billion is commonly known as this.
What is a unicorn?
The practice of pricing a product low to quickly gain market share, only to raise prices later.
What is penetration pricing?
This Japanese term means “continuous improvement."
This international organization sets global trade rules and mediates disputes between member countries.
What is the World Trade Organization (WTO)?
The CAPM model estimates expected return based on the risk-free rate, market return, and this measure of risk.
What is beta?
This term describes a product/service/technology that creates a new market and eventually displaces established products, often by being simpler or more affordable.
What is a disruptive innovation?
This metric calculates how much it costs to gain a new customer.
What is customer acquisition cost (CAC)?
A disruption at one supplier causing shortages throughout the supply chain.
What is the bullwhip effect?
The theory that countries should specialize in producing goods where they have the lowest opportunity cost.