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BUSINESS DICTIONARY
The Letter Z
Term | Definition | Knowledge Area | YouTube Video |
|---|---|---|---|
Z-Score | Statistical measure used to assess financial distress or credit risk | Finance or Analytics | |
Z-Test | Statistical test used to determine if two population means are different | Statistics or Analytics | |
Zebra Company | A sustainable and ethical business, as opposed to a high-risk, high-growth “unicorn” | Startup Culture | |
Zenith | The peak or highest point, often used metaphorically to express brand superiority | Branding or Marketing | |
Zero Defects | Approach to reduce product defects to zero through continuous improvement | Quality Management | |
Zero Inventory Strategy | Strategy to minimize inventory levels and rely on JIT (Just-in-Time) delivery | Supply Chain or Lean Operations | |
Zero Latency | Instant response time, often used in cloud services and networking | Technology or Operations | |
Zero Party Data | Data a customer intentionally shares with a brand (e.g., surveys, preferences) | Marketing or Data Privacy | |
Zero-Sum Game | Scenario where one party's gain equals another party's loss | Strategy or Economics | |
Zettabyte | Unit of digital information = 1 billion terabytes; relevant in big data | Data or IT Infrastructure | |
Zip Code Targeting | Localized marketing based on geographic postal codes | Marketing or Advertising | |
Zombie Company | Firm that earns just enough to operate but not to pay its debt | Finance or Economics | |
Zone Pricing | Different pricing for products based on geographic regions | Logistics or Pricing | |
Zoning | Government regulation of how land can be used (e.g., commercial, industrial) | Real Estate or Legal | |
Zoning Variance | Permission to use land in a way that deviates from local zoning rules | Legal or Real Estate | |
Zoom Fatigue | Burnout resulting from excessive virtual meetings | HR or Workplace Culture |
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