It has always amazed me how the business world just comes up with these fancy terms to confuse everyone into compying with their proposals. Half the time people are just so confused by business lingo that they just buy into whatever products and advertisements confuse them the most. See IBM
http://ryanmcbride.blogspot.com/2004/10/whats-marketing.html Every time i watch one of these commercials i feel like IBM has taken something away from me such as hope for the future. So I figured since i am a school of management major and am business savy; I figured that for the good of college students everywhere, I would help to unscramble the bullshit business babble that is plauging the industry. Here are some business terms and their college definitions.
Multi-Tasking: This is when you drink a beer in the shower before you go out to the bars so you can pre-game and look good. Or this can translate into simply just taking a shower with dirty dishes in an etempt to save time, energy, and soap.
Ethics: This is when your best friends boyfriend is totally into you but since you are a lady, you just let him buy you drinks all night but dont sleep with him.
Resourcing: This is when you take ideas from my website and apply them to your life so that you come off to others as being wise and informed.
Marketing: This is when you show up to a bar with personalized male escort for hire business cards and pass them out to all the beautiful ladies.
Entropy: This is when you go to college but you don't actually do any school work and you fail out and can't figure out why
Networking: You keep in constant contact with people over instant messanger and check their away messages like its your job.
Market Share: This is when there is only 1 beer left in the fridge and you take it before anyone else can so that way you have full market share for that product opportunity.
Capital Gains: This is when you find money on the ground or when when vending machines spit out 2 sodas for the price of one.
Company Culture: This is the overall status of your group of friends. You all drink so therefor your company culture would be an alcoholic one.
Optimization: This is when you throw some of your clothes in someone elses dryer and then take them out before they come back to check on their clothes.
Globalization: This is the reason why your VCR manual is written in 180 languages.
Profit Sharing: A perfect example is when you go to Wendy's and they they mess up and give you an extra jr. bacon cheeseburger and you give it to your friend that had his order messed up to the point where all you can do is laugh at him and his misfortune.
Potential Revenue: Throwing a keg party = 5 dollars a cup x number of people - lost revenue from pretty girls that didn't pay because pretty girls can work magic on desperate guys.
Compensation: Before starting a friendly game of Monopoly, you punch your friend in the face while fighting over who gets to be the thimble You then feel bad and buy him a drink and get him a bag of frozen peas to put on his black eye.
Benchmarking: This is when a girl gets all dressed up and arrives at the party and scopes all the other girls out to see who her real competition is.
Infrastructure: A good example of infrastructure is when your hot water in the dorms just magically disapears all day....congrats, your infrastructure is fucked!
Organization Model: This is when you demand your opponents to go to the "diamond formation" during a game of beer pong when they have only 4 cups left.
Thinking Outside the Box: When you make spaghetti and don't have a strainer, you borrow your roomates tennis racket and pour the spaghetti onto it so that just the water goes through. You can even pour sauce on the racket and use it as a plate and then just throw away their racket when you are done and blame it on someone you don't like.
People will learn more from this article than from a $100 "Intro to Business" textbook.