What is Digitization? Digitalization is the procedure of turning analog data into zeroes and ones so that computers may save, process, and transmit it. It…
What is E-learning? Definition, Types and Trends
What is e-learning? E-learning is defined as the use of electronic media and information and communication technologies (ICT) in education. E-learning includes all forms of…
Dependability – Definition, Meaning, Elements, Examples and Benefits
What is dependability? Dependability is the quality of being Dependable, i.e. being able to be relied on or trusted. Dependability is the ability of a…
What is Disinformation? Definition, Types, Examples
Disinformation is false or misleading information that is spread deliberately. It is often used to influence public opinion and distort the truth. Disinformation campaigns are…
Database Management System – Definition, Examples and Functions
What is a Database management system? A database management system (DBMS) is a software package designed to define, manipulate, retrieve and manage data in a…
Hard Power – Definition, Meaning and Real world Examples
What is Hard Power? Hard power is the “ability to use military or economic coercion to influence the behavior of another state, group, political body…
Commingling – Definition, Examples and Advantages
A commingling is a type of mutual fund that mixes investment funds from different investors or accounts. It’s a single fund or account that combines…
Comfort Letter – Definition, Types, Template and Examples
A comfort letter is a written assurance from one party to another that the former is confident in the latter’s ability to fulfill its obligations….
Halo Effect – Definition, Advantages and Disadvantages
Halo Effect is a well-known psychological phenomenon in which our overall impressions of people or things are influenced by our perceptions of specific aspects of…
Capital Goods – Definition, Types and Examples
Capital goods are those products or goods that are bought and then again used by businesses or companies for producing consumer goods or offering services…
Brain Drain – Definition, Types, Factors and Reasons
Brain drain is the situation when skilled human resources migrate on a large scale to more developed countries for better opportunities, career growth, higher salaries,…
Boomerang Effect – Definition, Theory and Examples
The boomerang effect is the opposite or negative outcome of an attempted attitude change. It occurs when you receive the unintended consequence of your effort…
Bonus – Definition, Importance and Types
A bonus is a financial compensation that is paid as an additional amount along with what is due. It is the appreciation money that is…
Bill of Quantities (BOQ) – Definition, Purpose, Steps and Standards followed
Bill of quantities is a document that consists of the measured specific amounts of the required items for a project, based on the drawing and…
Bill of Entry (BOE) – Definition, Purpose, Who can Apply, and Elements
Bill of entry is legal documentation offered by the importers or the custom clearance agents at the time of arrival or before the arrival of…
