by Farris Jornales | May 12, 2023
A combination of the words “guess” and “estimate,” refers to the process of making an educated guess or estimation without complete information or data. It is a common business term used in situations where a rough approximation is necessary or...
by Farris Jornales | May 12, 2023
A marketing technique that involves experimenting with different strategies to rapidly grow a business or product, typically in the digital space. This approach involves using a combination of creativity, data analytics, and technology to identify and implement...
by Farris Jornales | May 12, 2023
Gross refers to the total amount or quantity BEFORE deductions or expenses. https://getsling.com/blog/business-terms/ Refers to the total amount of revenue generated by a company before accounting for any expenses or deductions. Gross revenue is a key performance...
by Farris Jornales | May 12, 2023
A financial agreement between a company and a top executive provides a generous severance package or other benefits in the event of a merger or acquisition. This incentivizes the executive to remain with the company and work towards its success, as well as to provide...
by Farris Jornales | May 12, 2023
A financial incentive or compensation package offered by a company to a senior executive or employee as part of their retirement or resignation package. It is usually a lump sum payment that rewards the employee for their service and encourages a smooth transition....
