Decision analysis (DA) is a structured approach to decision-making that involves identifying and assessing the factors that contribute to a problem or opportunity and then…
Decision Flow Diagram – Definition, Types, Advantages, Disadvantages
A decision flow diagram is a graphical representation of the decision-making process. It shows the different decision paths that can be taken and the possible…
Decision Support System – Definition, Purpose, Advantages and Disadvantages
A decision support system (DSS) is a computerized system that supports decision-making in organizations. Decision support systems are typically used to help managers and other…
Days Sales in Inventory (DSI) – Definition, Formula and Benefits
Days sales in inventory is a metric that measures how long it takes a company’s inventory to convert into sold products. It is also known…
Days of Inventory on Hand (doh) – Definition, Calculation, Examples
Days of inventory on hand (doh) is a metric used to measure the number of days that a company takes to sell its inventory. In…
List of above 100 Competencies you need to know about
What are competencies? Competencies are the combination of observable and measurable knowledge, skills, abilities, and personal attributes that contribute to successful job performance. Competencies are…
Competitive Environment – Definition, Types, Factors and Examples
What is a competitive environment? A competitive environment is the market space within which companies compete to gain market share. It includes all the elements…
Channel Flows in Marketing – Definition, Types, Role and Examples
What are channel flows in marketing? Channel flows in marketing are the movement, or flows of physical items and services, title, promotion, information, and payment…
Consignment Inventory – Definition, How it works and Advantages
What is a Consignment Inventory? A consignment inventory is an arrangement in which the consignor (a vendor or wholesaler) agrees to give their products to…
Deceptive Pricing – Definition, Legal Provisions and Examples
What is Deceptive Pricing? Deceptive pricing is a pricing strategy used by retailers to deceive consumers into believing they are paying a lower price for…
Deliverables – Definition, Meaning, Importance and Types
What are Deliverables? Deliverables are any result, product, or service that is produced or provided as part of a project. Deliverables can be tangible (something…
Delivered Ex Ship (DES) – Definition, Meaning and Examples
What Is Delivered Ex-Ship (DES)? Delivered ex-ship is a delivery term in international trade where the seller completes their obligation to the buyer when they…
Disintermediation – Definition, Benefits and Examples
Disintermediation is the process of removing intermediaries from a transaction. This can happen in any industry, but it’s particularly common in the financial industry. For…
E-commerce – Definition, Types, Examples and Advantages
What is e-Commerce? E-commerce is the buying and selling of goods and services online which includes everything from ordering groceries to booking hotels and buying…
Doing Business As (DBA) – Definition, Meaning and Filing Process
What is Doing Business As (DBA) Doing business as DBA is a fictitious business name that a person or business entity uses instead of the…
