Satisficing
A decision-making strategy that involves choosing an option that meets the minimum requirements rather than seeking the optimal solution, balancing effort and outcome.
707 topics found for
“business model testing”
Focused Navigation
Providing clear, concise, and relevant navigation options to help users find what they need quickly.
Competitive Differentiator
A unique attribute, feature, or capability of a product, service, or brand that sets it apart from competitors in the market.
Product Consolidation
The process of combining multiple products or product lines into a single offering to streamline operations and reduce complexity.
Kaizen
A Japanese term meaning "continuous improvement," focusing on small, incremental changes to enhance processes and products.
Opportunity Cost Neglect
A cognitive bias where individuals overlook or underestimate the cost of opportunities they forego when making decisions.
Campaign Management
The process of planning, executing, tracking, and analyzing marketing campaigns.
TQM
Total Quality Management (TQM) is a comprehensive management approach focused on continuous improvement in all aspects of an organization.
Hidden Costs
A dark pattern where additional costs are only revealed at the last step of the checkout process.