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Retail Terms
Consulting Terms
Technology
Project Management
Industry Current Events
100
This is a visual description, diagram or drawing of a store's layout that includes placement of particular products and product categories
What is a plan-o-gram
100
This refers to the initial opportunities and areas of exploration that are easiest to cover
What is low-hanging fruit
100
This is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no extrinsic or exploitable meaning or value
What is tokenization
100
In project management, this refers to uncontrolled changes or continuous expansion of a project while it is in progress
What is scope creep
100
He is the CEO and co-founder of the large American multinational corporation that introduced wearable technology in the form of optical glass earlier this year
Who is Larry Page
200
This is the point at which the ownership of merchandise passes to the purchaser
What is FOB: Free on Board or Freight on Board
200
This is consulting terms used to indicate that a particular piece of work or analysis is comprehensive, accurate and capable of withstanding close scrutiny
What is buttoned-up
200
This is a general term used to describe Internet services such as social networking services (e.g., Facebook and Twitter), online backup services, and applications that run within a Web browser
What is cloud computing
200
This is a graphical representation of data where the individual values contained in a matrix are represented as colors
What is a heat map
200
This retailer faced scrutiny in 2014 for selling a blood stained Kent State University sweatshirt on their e-commerce site
What is Urban Outfitters
300
This is a term referring to a price for merchandise that is double the wholesale price
What is keystone price
300
This term is used in consulting as a way to gauge the viability or reasonableness of a particular analysis
What is a sniff test
300
This is a global standard covering the processing of credit and debit card payments via a microprocessor chip at a payment terminal
What is EMV (Europay, MasterCard, and Visa (EMV))
300
This is a matrix that describes the participation by various roles in completing tasks or deliverables for a project or business process
What is a RACI matrix
300
This number represents the total quantity of iPhone 6 and iPhone 6+ devices sold during the first weekend of sales
What is 10 million
400
This term is noting or pertaining to goods that are perceived to have prestige or high style but are affordable for a wide range of customers
What is masstige
400
To embark on an apparently impossible, wasteful or fruitless task, usually preceded by an exhortation
What is boil the ocean
400
In a network, this is a hierarchy of software layers in both clients and servers that are required in order to communicate with each other
What is a stack
400
This is a type of bar chart that illustrates a project schedule and includes start and date, finish dates, and project deliverables
What is a Gantt chart
400
This is the number of credit cards compromised in the 2014 Target security breach
What is 40 million
500
Using the calculation of (Expenses + Reductions + Profit) ÷ (Net Sales + Reductions) will help you figure out this
What is Initial Markup %
500
This is a structure for providing feedback that is structured to be one positive comment, followed by a developmental critique, ending with a positive comment
What is the sandwich method
500
This is a layer in the Open Systems Interconnection (OSI) seven-layer model and in the TCP/IP protocol suite, consisting of protocols focusing on process-to-process communication across an IP network and providing a firm communication interface and end-user services
What is an application layer
500
A relationship in which a task or milestone relies on other tasks to be performed before it can be performed
What is task dependency
500
This Executive Chairman and company Founder raised $21.8 billion in its initial public offering when taking China’s biggest online commerce company public
Who is Jack Ma