1. What is Microsoft Azure?
    Microsoft Azure commonly referred to as Azure, is a cloud computing service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers. Wikipedia
  2. Venture capital
    • Venture capital is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks, and any other financial institutions.
    • However, it does not always take a monetary form; it can also be provided in the form of technical or managerial expertise. Venture capital is typically allocated to small companies with exceptional growth potential, or to companies that have grown quickly and appear poised to continue to expand.
  3. SAP
    Systems Applications and Processing (in data processing)
  4. Kaizen
    Kai (change) Zen (good)
    Small continuous improvement; day after day incremental changes;
  5. Global labor arbitrage
    Global labor arbitrage is an economic phenomenon where, as a result of the removal of or disintegration of barriers to international trade, jobs move to nations where labor and the cost of doing business is inexpensive and/or impoverished labor moves to nations with higher-paying jobs.
  6. Logistics vs transportation
    Even though these terms have been used as a substation for each other, the key differentiators are that logistics deals with the integration of storage, transportation, cataloging, handling, and packaging of goods while transportation deals with the function of moving products or individuals from one location to the other.
Card Set
Definicije pojmova in business