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What is cost containment

Cost containment is the practice of ensuring that expenses do not exceed revenue. By monitoring expenses and reducing them in a controlled manner, companies can reduce their risk and ensure profitability.

What is significant test

Statistics is a unique branch of Mathematics which deals with the collection, calculation and interpretation of numerical data. In Statistics, tests of significance are the method used to reach a conclusion to reject or support the claims based on sample data. The statistics are well known for research based on statistical surveys. During a statistical process, we come across certain terms such as "significance", "p-value" and others. Statistical tests are used to check whether the result of a study has the desired level of significance. This is done by using a statistical test that is appropriate for your situation. For example, if you’re testing whether an abstract treatment alone works better than a different treatment (control) then you would use an independent-groups design with an independent variable and dependent variable. The key point is that it should be random assignment so neither condition can have an impact on one of the other. This could, for example, be by chance or because it was not known at the outset in advance how many people would respond well or badly. If you wanted to compare two treatments but didn't know who got each treatment beforehand so it was arbitrary who got which treatment this wouldn't fit into this model as there was no way to assign them randomly (only chance). If you had large numbers of subjects then small differences in results could mean something statistically significant had been achieved even if no patient would notice any difference between treatments as there were enough subjects doing both and only tiny differences between patients are noticed when large numbers are involved from tiny changes

COMMON PROMOTION METHODOLOGIES BEEN USED

These promotional strategies are designed to help a brand cut through the clutter and grab their audience's attention, increase sales, especially during the year-end

Promotion is a key part of marketing, helping to inform and persuade consumers about products. Promotional activity can be expensive, so it is important that choices are made wisely. In this article we will look at the different types of promotion that businesses can use in order to benefit their business.

Communication Skills and Professionalism

Inflation and its meaning to the economy

Inflation is a macroeconomic indicator that is measured by year-on-year (y-o-y) price change for consumer goods and services in an economy. The calculation of inflation is simple but it has a wide range of impacts on the economy. Inflation is important because it affects all aspects of the economy, from the wages people get paid to the value of their homes, from business investments to consumer spending decisions. Since prices are only one part of overall economic activity, inflation is often seen as a secondary concern compared to unemployment and growth in GDP.

Agile Methodology for Project Management

Agile Methodology for Project Management, Fourth Edition is an excellent resource and reference for any project professional who needs to understand and apply agile principles and practices.

Security Testing From Agile Perspective

Development teams work extensively on ensuring that the application being developed has minimum time to market (TTM) possible. While at the same time, security considerations are not something that can be ignored now. This leads to a conflict between the goals of agile development methodologies and secure development. The best possible way out of this is to combine both as agile security to ensure the long-term viability of an application or software being developed. Agile security also addresses common weaknesses including automated testing, manual testing and configuration management. In this agile development environment consisting of various short sprints, finding and fixing vulnerabilities along with coding issues using traditional tools is a time-consuming task.

Research in-house for SME

As a SME owner, you know that information is power. However, gathering relevant and accurate data can be overwhelming, time-consuming and costly. That's where in-house research comes in – a cost-effective way to generate insights into your industry or target audience without breaking the bank. In this article, we'll explore the benefits of conducting research in-house, how to do it effectively and when it's time to consider outsourcing.

What is Auction eCommerce

An e-auction is an online marketplace where the sellers and buyers are not present physically in the same place, but interact remotely through a website