Self-tutoring about currencies: the tutor mentions Euro denominations. I noticed, on a news segment, someone counting Euros. Specifically, they were counting €200 notes. I was surprised, since to my knowledge, we don’t have $200 bills. Yet, apparently, there is a …
Self-tutoring about cryptocurrencies: the tutor mentions the smallest unit of bitcoin currently defined. With a bitcoin worth perhaps $75K, how can you buy ordinary things with it? By using subdivisions of it, of course. The smallest bitcoin unit, so far, …
Self-tutoring about stores and brands: the tutor shares a discovery. When I was a kid, big places typically had a Woolworths store. I’d call Woolworths a department store; others might call it a variety store. They were big stores, with …
Self-tutoring about business: the tutor mentions the term “conglomerate.” conglomerate: a corporation that controls numerous smaller companies whose businesses may be otherwise unconnected. Back in the 80s, you heard the term “conglomerate” now and then; I never hear it today. …
Self-tutoring about business terms: the tutor looks into the definition of dumping. dumping: selling a product in a foreign market for less than you charge for it at home. Source: wto.org thebalance.com
Self-tutoring about investment instruments: the tutor finds a definition for gilt. A gilt is a type of UK government bond. dmo.gov.uk
In the tutoring realm, awareness of new insights and definitions is important. The tutor mentions single source of truth. In my March 5 post I mention the idea of a data silo. Put simply, it’s knowledge kept secret by some …
Philosophy, business: the “single source of truth” concept Read more »
Keeping current with technical language can mean continual self-tutoring. The tutor shares a great term: data silo. data silo: data or knowledge known by only one department (or some subset of a an organization). The existence of a data silo …
Computer science, business: what is a data silo? Read more »
Reading about economics means self-tutoring. The tutor discusses the disadvantage – or advantage, of the US trade deficit. The US has run a trade deficit since the late 70s. Simply put, a trade deficit means that the country’s imports are …
Economics, business: the US trade deficit: good or bad? (Part 0) Read more »
Tutoring, you’re interested in education. The tutor brings up two business titans from the late ’90s/2000s: What were their first degrees? In their time, I followed both Carly Fiorina (CEO, Hewlett-Packard, 1999-2005) and Martha Stewart through the headlines. Both were …
Business: what do Carly Fiorina and Martha Stewart have in common? Read more »