Law of Diminishing Returns
A principle stating that as investment in a single area increases, the rate of return on that investment eventually decreases.
1192 topics found for
“display design”
Scarcity Principle
The economic theory that suggests limited availability of a resource increases its value, influencing decision-making and behavior.
Improvement Kata
A structured routine for continuous improvement based on a scientific approach to problem-solving and process optimization.
Longitudinal Study
A research method that involves repeated observations of the same variables over a period of time.
NPD
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
KPI
Key Performance Indicators (KPIs) are quantifiable measures used to evaluate the success of an organization, employee, or project in meeting objectives for performance.
SCAMPER+
An enhanced version of the SCAMPER technique that includes additional prompts to further stimulate creativity and innovation.
Consistency Bias
The tendency to recall past behavior in a way that aligns with current beliefs and attitudes.
Pain Of Paying
The psychological discomfort experienced when parting with money, influenced by the payment method and context.