MCKINSEY 7S MODEL
An organizational effectiveness model that presumes there are seven key internal factors of an organization that need to be arranged and reinforced in order to obtain its objectives and improve performance. The model is also utilized to help firms adjust with changing environments that appears through mergers or acquisitions. The McKinsey 7S Model was developed in 1980s at McKinsey & Co., a consulting firm, particularly by the firm’s consultant Tom Peters and Robert Waterman, authors of the management bestseller book In Search of Excellence.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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