Business

/Business

cloud computing

any service that operates over an Internet connection, allowing immediate access from any computer or mobile device with Web access. Business owners can access software or store information—such as customer contacts, accounting data and presentations—and leave the technical maintenance to the cloud provider. As of April 2010, only about 7% of small-business owners were using [...]

grease payments

small payments that are made by a foreign company in some countries to facilitate the initiation of certain services.   The new [British] law, called the Bribery Act, takes effect in April [2011]. It resembles the U.S. Foreign Corrupt Practices Act [FCPA], which bars companies that trade on U.S. exchanges from bribing foreign government officials [...]

Dunbar’s number

#Dunbarsnumber - the idea that a person can only have a limited number of close relationships, probably around 150.   [O]ur minds are not designed to allow us to have more than a very limited number of people in our social world. The emotional and psychological investments that a close relationship requires are considerable, and [...]

food desert

a low-income urban, suburban or rural area where there are limited vendors of fresh produce but often numerous fast-food outlets     For cities, one particular problem is "food deserts" – low-income areas where the prevalent food options are chips and soda at corner stores instead of leafy green vegetables at supermarkets.   See article at: CSM 14Feb11 - The [...]

third places

  The Great Good Place, a book by the urban sociologist Ray Oldenburg, talks about the social and psychological importance of what he calls "third places."  He designates home as "first place" and work as "second place". He describes "third place" as somewhere neutral, convenient, comfortable and welcoming. It’s where regulars gather and where conversation [...]

heirloom foods

foods from plant varieties and animal breeds that have grown in popularity after a long, limited market presence     Roxbury Russet has a nutty flavor. Strawberry Chenango smells like roses. Cornish Gilliflower is reminiscent of clove.   Farmers and chefs treat them like fine wine, but these are apples— 'heritage" or "heirloom" varieties that [...]

ghost/ shadow inventory

homes financed by mortgage loans on which no payments are being made but have yet to be listed in a foreclosure sale.   [R]eal estate agents and mortgage brokers wary of optimism are focusing on a new term that has entered the housing lexicon: ghost inventory. Banks appear to be sitting on thousands of homes [...]