What is user interface (UI) ? The user interface (UI) refers to the layout of an application: how it looks and its overall style. UI is...

Net profit, also sometimes referred to as net income, is the money a company has left after deducting all expenses.

What is inventory turnover? Inventory turnover refers to the number of times that a company’s product inventory is sold and needs...

What is opportunity cost? Opportunity cost is the potential value lost by not pursuing a particular course of action. It’s the “what...

What is a joint venture (JV)? A joint venture is a business entity created by two or more companies entering into an agreement to combine...

Profit margin is a commonly used ratio that measures what percentage of a business’s earnings have been turned into profit over a...

Overhead costs are ongoing expenses that a business pays regardless of how much or how little it sells.

What is AI? AI, which stands for artificial intelligence, is a branch of computer science that develops machine systems capable of demonstrating behaviors linked to human intelligence. AI programs use data collected from different interactions to improve the way they mimic humans in order to perform tasks such as learning, planning, knowledge representation, perception and problem-solving. Artificial intelligence technology is used for a wide range of applications, including

What is oral communication? Oral communication is the exchange of information and ideas through spoken word. It can be directly in person...

Year over year, or YoY for short, is a calculation used to see a business’s growth or loss compared to the same period of time during previ

A status bar is an horizontal bar that provides information of to the current state of an application.

What is an API? API is an acronym for application programming interface, a programming code that bridges computer programs together. In...

What is accounts payable (AP)? Accounts payable (AP) represents money owed by a company to suppliers and its obligation to pay off these...

CPM meaning CPM stands for cost per thousand impressions, also known as cost per mille. CPM is used in digital advertising to determine...

What is proof of concept? Proof of concept, also known as POC or proof of principle, is the realization or demonstration of a certain...

What is customer lifetime value (CLV)? CLV refers to the total profit a company expects to earn from a single customer throughout their...

What is open source? Open source refers to anything that is freely shared and publicly accessible. While this term is not specific to one...

What is cash flow? Cash flow is the money that flows in and out of a business. For example, when a customer purchases goods, money is...

What is CPC? CPC stands for cost per click and is the metric that determines the cost to pay for each click received on a paid...

What is manufacturing? Manufacturing is the process of creating goods either by hand or by machine. These goods are then sold for profit...