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In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [ 1 ] [ 2 ] Sunk costs are contrasted with prospective costs , which are future costs that may be avoided if action is taken. [ 3 ]
A simple rope built on the string of "Hello_my_name_is_Simon". In computer programming, a rope, or cord, is a data structure composed of smaller strings that is used to efficiently store and manipulate longer strings or entire texts.
Conversion kit may refer to: . Arcade conversion kit, which is used to change the game an arcade machine plays; Miniature conversion kit, equipment used to alter game pieces for miniature, tabletop games.
Retention cost, the amount of money a company has to spend in a given period to retain an existing customer. Retention costs include customer support, billing, promotional incentives, etc. Period, the unit of time into which a customer relationship is divided for analysis. A year is the most commonly used period.
A simple method of testing the financial viability of an idea would be discovery-driven planning, [21] [22] which first tests the financial viability of new ventures by carefully examining the assumptions behind the idea by a reverse income statement (first, begin with the income you want to obtain, then the costs the new invention would take ...
The purpose of an inverted index is to allow fast full-text searches, at a cost of increased processing when a document is added to the database. [2] The inverted file may be the database file itself, rather than its index. It is the most popular data structure used in document retrieval systems, [3] used on a large scale for example in search ...
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MicroStrategy Incorporated is an American development company that provides business intelligence (BI), mobile software, and cloud-based services.Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps.
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