LEARNING CURVE
A visual representation that describes how new set of skills or knowledge can be acquired quickly, but learning becomes much slower in the long run. For instance, a minimum investment of resources yields significant results; but the continuous effort of growing it becomes smaller.
A steeper curve indicates faster and easier learning, while a flatter curve means slower and more difficult gaining of knowledge. The curve was first depicted by Psychologist Hermann Ebbinghaus first portrayed the curve in 1885, and then by psychologist Arthur Bills in 1934. It is important in hiring and training newly-hired employees and managers, increasing production efficiency, and budgeting and predicting costs.
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Maximum Loan-to-Value Ratio
Maximum allowable ratio of a loan’s size to the property’s value that is securing the loan. Lenders measure the risk using loan-to-valu ...
Cash Return on Assets Ratio
Ratio used to differentiate a business’ performance against other industry members. The company’s analysts may use the ratio internally ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
Infrastructure
Basic physical systems of a business or country such as roads, utilities, transportation, communication, sewage, and water and electric systems, am ...
Cost Control
Act of managing and/or reducing business expenditures done by determining the costs and evaluating if such expenses are affordable and reasonable. ...
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Digesting Financial Statements: System
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So You Want A Job in Financial Careers: A Guide
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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05:00 | Credit Card Spending | Mar | |
14:30 | Industrial Product Price Index | Mar | |
14:30 | New Housing Price Index | Mar | |
14:30 | Raw Materials Price Index | Mar | |
16:00 | Consumer Confidence | Apr | |
02:30 | PMI Manufacturing | Apr | |
02:30 | Tertiary Industry Index | Apr | |
02:30 | PMI Composite | Apr | |
08:00 | Public Sector Net Borrowing | Mar |