ACCOUNTING
RECEIVED CASH FOR A PROJECT THAT WILL BEGIN IN 4 MONTHS
WHAT IS DEFERRED REVENUE?
CREATE, CAPTURE AND DELIVER VALUE
WHAT IS A BUSINESS MODEL?
NOTE TO BE CONFUSED WITH DRINKING BEER, THIS FINANCIAL METRIC SHOWS HOW LIQUID A COMPANY IS AND IS CALCULATED BY CURRENT ASSETS MINUS CURRENT LIABILITIES
WHAT IS WORKING CAPITAL?
IT'S AN OPERATIONAL CONCEPT THAT HAD ITS BEGINNINGS OF JUST IN TIUME PRODUCTION AND INVENTORY MANAGEMENT.
WHAT IS LEAN?
IS THE "R" IN VRIN MEANING THE FIRMS OWNS RESOURCES THAT IS NOT POSSESSED BY LARGE NUMBERS OF COMPETITORS.
WHAT IS RARE?
THIS REVOLUTIONARY PRODUCT FROM A TECH COMPANY WIRTH A CULT FOLLOWING HAS "THE EXPERIENCE IS THE PRODUCT" AS THEIR VALUE PROPOSITION.
WHAT IS APPLE IPHONE?
INITIAL INVESTMENT FOR YOUR START UP BUSINESS
WHAT IS SEED CAPITAL? OR WHAT IS OWNER'S EQUITY?
SET OF ASSUMPTIONS TO BE TESTED
WHAT IS A BUSINESS MODEL CANVAS?
WHEN THIS CALCULATION IF ABOVE ZEROM IT SUGGEST TO GO; WHEN IT IS BELOW ZERO IT SUGGESTS NO GO!
WHAT IS NET PRESENT VALUE?
A QUALITY AND IMPROVEMENT PROGRAM THAT SEEKS TO DETECT AND ELIMINATE THE CAUSES OF DEFECTS TO WITH +/- SIX STANDARD DEVIATIONS OF THEIR MEANS.
WHAT IS SIX SIGMA?
INTERNAL RIVALRY, THREAT OF ENTRANTS, BUYER POWER, SUPPLIER POWER, AND SUBSTITUTES AND COMPLEMENTS.
WHAT ARE THE FIVE FORCES?
A STUDY BY MICROSOFT SHOWED THAT THIS ANIMAL MAY HAVE AN ATTENTION SPAN LONGER THAN A HUMAN, DEMONSTRATING THE NEED TO CLEARLY ARTICULATE THE BENEFITS OF YOUR PRODUCT/SERVICE.
WHAT IS A GOLDFISH?
THIS STATEMENT ALWAYS HAS A ZERO BALANCE AT THE BEGINNING OF THE YEAR
WHAT IS THE INCOME STATEMENT?
VALUE PROPOSITION, CUSTOMER SEGMENTS & REVENUE STREAM
WHAT IS THE GOLDEN TRIANGLE?
WHILE THIS MAY SOUD CRAZY, IT IS THE DISCOUNT RATE THAT CAPTURES INVESTOR OPPORTUNITY COST?
WHAT IS WACC (WEIGHTED AVERAGE COST OF CAPITAL)?
THE PROCESS FOR DELIVERING A CUSTOMIZED GOOD OR SERVICE WHILE MAINTAINING LOW COST, QUICK DELIVERY, AND HIGH QUALITY.
WHAT IS MASS CUSTOMIZATION?
MAN'S BEST FRIEND BUT ALSO BUSINESS UNITS THAT HAVE LOW GROWTH, LOW MARKET SHARE AND GENERATE LITTLE CASH.
WHAT IS A DOG?
A GOOD VALUE PROP EXPLAINS WHTY SOMEONE SHOULD DO BUSINESS WITH YOU VS YOUR COMPETITORS AND MAKES THIS CRYSTAL CLEAR ABOUT YOUR PRODUCT OR SERVICE.
WHAT ARE THE BENEFITS?
MY BUSINESS DIDN'T LOSE MONEY BUT IT ISN'T MAKING A PROFIT EITHER
WHATY IS BREAK-EVEN?
GET OUT OF THE BUILDING
WHAT IS VALIDATION?
DON'T THINK OF SOMEONE ON THEIR DEATHBED HERE. IN CORPORATE VALUATION, THIS IS THE CALCULATION THAT CAPTURES ALL OF THE FUTURE FREE CASH FLOWS BECAUSE WE ASSUME THAT THE COMPANY WILL GO ON FOREVER....
WHAT IS TERMINAL (OR HORIZON) VALUE?
A QUALITY CENTERED, CUSTOMER-FOCUSED, FACT BASED, PROCESS TO ACHIEVE A FIRM'S STRATEGIC IMPERATIVE THROUGH CONTINUOUS IMPROVEMENT.
QHAT IS TQM?
SENSE, SEIZE AND TRANSFORM. IT IS NOT A DANCE. IT'S WHAT FIRMS DO TO LEVERAGE AND RECONFIGURE THEMSELVES IN WAYS THAT ARE VALUABLE TO THE CUSTOMER BUT DIFFICULT FOR COMPETITORS TO IMITATE.
WHAT IS DYNAMIC CAPABILITIES?
A VALUE PROP IS A PART OF THIS KEY STRATEGY THAT INFORMS EVERYTHING YOU SAY ABOUT YOUR BRAND.
WHAT IS A MESSAGING STRATEGY?
CLEANING UP AN ENVIRONMENTAL PROBLEM YOU CAUSED DUE TO PROTESTS AND BAD PRESS.
WHAT IS REMEDIAL CORPORATE SOCIAL RESPONSIBILITY?
BAIT & HOOK, LONGTAIL, MULTI-SIDED PLATFORMS
WHAT ARE BUSINESS MODEL PATTERNS?
CHERRY PIE WAS THE BIG SONGBY THIS HEAVY METAL BAND IN 1990, WHOSE NAME IN FINANCE IS ASSOCIATED WITH A HYBRID FINANCING MODEL WHERE A CALL OPTIONS IS ATTACHED TO A BOND.
WHAT IS A WARRANT?
A TERM THAT LITERALLY MEANS "WASTE". FROM AN OPERATIONAL PERSPECTIVE, THEIS TERM REFERS TO ANY ACTIVITY THATY ABSORBS RESOURCES BUT CREATES NO VALUE.
WHAT IS MUDA?
THE RETURN EARNED BY A SCARCE RESOURCE OVER AND ABOVE THE COST OF BRINING IT TO PRODUCTION.
WHAT IS A RICARDIAN RENT?
PAYMENTS FOR DEVELOPERS, START ACCEPTING CREDIT CARDS ON THE WEB TODAY.
WHAT IS STRIPE?