Product vs. Program
Products are individual items or services designed to meet specific customer needs, while programs are collections of related projects and products managed together to achieve broader strategic goals.
Products are individual items or services designed to meet specific customer needs, while programs are collections of related projects and products managed together to achieve broader strategic goals.
A cognitive bias where individuals evaluate outcomes relative to a reference point rather than on an absolute scale.
The process of turning potential customers into paying customers, often measured by the conversion rate.
A psychological phenomenon where a person who has done a favor for someone is more likely to do another favor for that person than if they had received a favor from them.
The process of investigating and experimenting with new technologies to understand their potential applications and benefits.
The tendency to attribute positive qualities to one's own choices and downplay the negatives, enhancing post-decision satisfaction.
A form of regression analysis where the relationship between the independent variable and the dependent variable is modeled as an nth degree polynomial.
A web-based interface that allows customers to find information and perform tasks without needing assistance from a customer service representative.
A research method where participants record their activities, experiences, and thoughts over a period of time, providing insights into their behaviors and needs.