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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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