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Home run
In baseball, a home run (abbreviated HR) is scored when the ball is hit in such a way that the batter is able to circle all the bases, ending at home plate and scoring runs for himself and each runner who was already on base, with no errors by the defensive team on the play. In modern baseball, the... -
Paradigm shift
Paradigm shift (or revolutionary science) is the term first used by Thomas Kuhn in his influential book The Structure of Scientific Revolutions (1962) to describe a change in basic assumptions within the ruling theory of science. It is in contrast to his idea of normal science. The term paradigm... -
Renewable energy
Renewable energy is energy generated from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable (naturally replenished). In 2006, about 18% of global final energy consumption came from renewables, with 13% coming from traditional biomass, such as wood... -
Slam dunk
A slam dunk (or simply a dunk) is a type of basketball shot that is performed when a player jumps in the air and manually powers the ball downward through the basket with one or both hands over the rim. This is considered a normal field goal attempt; if successful it is worth two points. The term ... -
Six Sigma
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Core competency
A core competency is a specific factor that a business sees as being central to the way it, or its employees work. It fulfils three key criteria: A core competency can take various forms, including technical/subject matter know-how, a reliable process and/or close relationships with customers and... -
Trial balloon
Information sent out in order to observe the reaction of an audience: "We announce we were releasing an updated model of our XM-5 Jackhammer next year as a trial balloon to see if there was any interest from our customers." -
Barriers to entry
In economics and mostly especially in the theory of competition, barriers to entry are obstacles in the path of a firm that make it difficult to enter a given market. Barriers to entry are the source of a firm's pricing power - the ability of a firm to raise prices without losing all its customers.... -
Eat one's own dog food
Eating one's own dog food, also called dogfooding, is when a company uses the products that it makes. Dogfooding can be a way for a company to demonstrate confidence in its own products, and hence a kind of testimonial advertising. For example, Microsoft and Google emphasize the internal use of... -
Run it up the flagpole
"Let's run it up the flagpole and see if anyone salutes it" is a catchphrase which became popular in the United States during the late 1950s and early 1960s. It means "to present an idea tentatively and see whether it receives a favorable reaction." It is now considered a cliché. Sometimes it is...