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Bang for Buck

An idiom for value in return for money spent, invested or used. In other words, it the worth of one's...

Bang for the Buck

An idiom for value in return for money spent, invested or used. In other words, it the worth of one's...

Roach Motel

A metaphor (derogatory) for a low-priced motel that is completely in a state of disrepair. The proverbial "roach motel" may...

Primary Stakeholder

A group of stakeholders which has the biggest stake in an organization, business or otherwise. Examples of primary stakeholders include...

Efficiency

Doing things “right”, i.e., in accordance with predefined procedures/ policies, etc. In the broader context of business, efficiency is the...

Effectiveness

Doing the “right” things, usually beyond a predefined policy or set of procedures. In the broader context of business, effectiveness...

Niche Market

A subset of a larger market, where it (the niche) is characterized by its customers' unique preferences and needs that...

Niche Marketing

A type of marketing that focuses on directing all marketing efforts towards a well-defined segment of the market (the niche/...

Specialty Market Niche

A distinct form of the ecological niche that forms on the basis of a unique and specialized knowledge of a...

Specialty Skill Strategy

A business strategy (specifically, a distinct form of the ecological niche) that focuses on a product or service to set...