Effect

What is bullwhip effect? – Definition from WhatIs.com

The bullwhip effect is a supply chain phenomenon describing how small fluctuations in demand at the retail level can cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer and raw material supplier levels. The effect is named after the physics involved in cracking a whip. When the person holding the whip snaps their […]

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‘Park Hang-seo effect’ brightens Korea’s medicine export outlook in Vietnam

Amid strengthened Korean-Vietnamese relationship thanks to Park Hang-seo, the Korean coach of Vietnam’s national soccer squad, healthcare products have emerged as promising export items to the South Asian country. Korea International Trade Association (KITA) recently published a report titled “Promising export products to Vietnam and market entry strategy based on a comparison of Korea

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The Holly Effect: Why primetime TV stars are the new fashion influencers

People mostly tune into to ITV’s I’m a Celebrity… Get Me Out of Here! to see so-called ‘celebs’ eating kangaroo testicles. This year, however, many are tuning in to find out what presenter (and burgeoning fashion icon) Holly Willoughby is wearing. Nicknamed ‘The Holly Effect’ by the press and PR industry, Willoughby’s influence on viewers

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McDonald’s Thinks Its Fresh Beef Quarter Pounder Will Have a Bizarre Effect on Those Who Try It

Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek.  McDonald’s is a little like Apple, really.  Except, I fear, not quite as clever. You see, the burger chain has hopped up onto an idea that others have been trying for years. Apple at least puts a twist on

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GDPR Takes Effect in May, Is Your Business Ready?

A major change is on the business horizon. The General Data Protection Regulation (GDPR) will be in effect on May 25, 2018, bringing with it major changes to data protection laws. The question now is whether your company is ready for it. How it Affects US-Based Businesses Europe’s GDPR is designed to consolidate and bolster

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Net Neutrality Repeal Takes Effect in April, States are Fighting Back with Last-Minute Lawsuits

The days of net neutrality are numbered. The Federal Communications Commission (FCC) has finally set April 23 as the date when the Obama-era regulations will cease to take effect according to a copy of the order published on Thursday with the Federal Register. But of course, various net neutrality supporters are not going to take

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