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Digitization – Definition, Types and Advantages

November 26, 2022 By Hitesh Bhasin Filed Under: Terms

Digitization

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…

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What is E-learning? Definition, Types and Trends

November 15, 2022 By Hitesh Bhasin Filed Under: Terms

E-learning

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…

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Dependability – Definition, Meaning, Elements, Examples and Benefits

September 20, 2022 By Hitesh Bhasin Filed Under: Terms

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…

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What is Disinformation? Definition, Types, Examples

September 17, 2022 By Hitesh Bhasin Filed Under: Terms

Disinformation

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…

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Database Management System – Definition, Examples and Functions

July 16, 2022 By Hitesh Bhasin Filed Under: Terms

Database Management System

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…

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Hard Power – Definition, Meaning and Real world Examples

July 12, 2022 By Hitesh Bhasin Filed Under: Terms

Hard Power

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…

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Commingling – Definition, Examples and Advantages

June 18, 2022 By Hitesh Bhasin Filed Under: Terms

Commingling

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…

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Comfort Letter – Definition, Types, Template and Examples

June 22, 2022 By Hitesh Bhasin Filed Under: Terms

Comfort Letter

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….

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Halo Effect – Definition, Advantages and Disadvantages

June 20, 2022 By Hitesh Bhasin Filed Under: Terms

Halo Effect

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…

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Capital Goods – Definition, Types and Examples

March 14, 2022 By Hitesh Bhasin Filed Under: Terms

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…

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Brain Drain – Definition, Types, Factors and Reasons

November 29, 2021 By Hitesh Bhasin Filed Under: Terms

Brain Drain

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,…

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Boomerang Effect – Definition, Theory and Examples

November 29, 2021 By Hitesh Bhasin Filed Under: Terms

Boomerang Effect

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…

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Bonus – Definition, Importance and Types

November 29, 2021 By Hitesh Bhasin Filed Under: Terms

Bonus

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…

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Bill of Quantities (BOQ) – Definition, Purpose, Steps and Standards followed

October 25, 2021 By Hitesh Bhasin Filed Under: Terms

Bill of Quantities

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…

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Bill of Entry (BOE) – Definition, Purpose, Who can Apply, and Elements

October 25, 2021 By Hitesh Bhasin Filed Under: Terms

Bill of Entry

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…

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