PDCA Cycle
Plan, Do, Check, and Act (PDCA) is a four-step management method used for continuous improvement of processes and products.
184 topics found for
“business insights”
Red Ocean
A market space that is already crowded with competition, where companies fight for market share, leading to intense rivalry and lower profitability.
Product Strategy
Product Strategy is a framework that outlines how a product will achieve its business goals and satisfy customer needs.
Law of Diminishing Returns
A principle stating that as investment in a single area increases, the rate of return on that investment eventually decreases.
Prescriptive Analytics
The use of data, algorithms, and machine learning to recommend actions that can achieve desired outcomes.
Incumbent
An established company or market leader that holds a significant market share and has a strong presence in the industry.
Brand Loyalty
The tendency of consumers to continuously purchase the same brand's products over time.
Sales Pipeline
A visual representation of the stages a sales opportunity goes through, helping to track progress and forecast revenue.
Organizational Goals
The strategic objectives that an organization aims to achieve, guiding its operations and decision-making processes.