ROI
Return on Investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of different investments.
128 topics found for
“decision environments”
Adhocracy
An organizational structure that emphasizes flexibility, employee initiative, and decentralized decision-making.
Informational Influence
The change in opinions or behavior that occurs when individuals conform to the information provided by others.
Decoy Effect
A cognitive bias where consumers change their preference between two options when presented with a third, less attractive option.
ICE Scoring Model
Impact, Confidence, and Ease of implementation (ICE) is a prioritization framework used in product management to evaluate features.
Placing Bets
A strategic approach where multiple potential solutions are tested to identify the most promising one.
Competitive Intelligence
The process of gathering and analyzing information about competitors to inform business strategy and decision-making.
BRE
Business Rules Engine (BRE) is a software system that executes one or more business rules in a runtime production environment.
Knowledge Engineering
The process of integrating knowledge into computer systems to solve complex problems, often used in AI development.