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Showing posts with the label Terminology

Sync and Async

Sync and Async are like in the post office.  Sync - When you go to take your package you wait inline till your number comes and then you are served (wasting time and stopping all your daily tasks). Async - You get your number via SMS and you keep with the rest of the day and when your turn arrives you get a message on your phone to come and get your package.

Business Goals vs. Objectives vs. Strategies vs. Tactics

Brief Recently I have encountered a few terms which a lot of confusion about them exists among business people. These terms are business goal, objective, strategy and tactic. At first glance, they might look like the same; however they are totally different from organisations’ standpoints and convey distinct concepts at different levels. In the following lines, I explain these terms along with a sample to make it more clear: Business Goal Goals are the broad primary outcomes towards which effort and actions are directed in a business. They are whats, not hows and a business might have multiple goals to achieve. For example, "we must be a leader player and increase our share in the home loan market". Normally there is no measurement in the definition of a goal and only gives you the general direction of the company. Business Objective Business objective differs from business goal in the sense that they are measurable and specific. It actually quantifies the thoughts and sets a...

General Terminology

 Vision & Mission A Mission Statement defines the company's business, its objectives and its approach to reach those objectives.  A Vision Statement describes the desired future position of the company.  Elements of Mission and Vision Statements are often combined to provide a statement of the company's purposes, goals and values. Goals and Objectives  Goals are general guidelines that explain what you want to achieve in your community. Objectives define strategies or implementation steps to attain the identified goals. Unlike goals, objectives are specific, measurable, and have a defined completion date.

What are the differences in the roles of CEO, COO, CXO, CIO, and CFO?

CEO (Chief Executive Officer) CEO of any organization is the highest ranking officer of that company.  The CEO is responsible for corporate vision and strategy.  He creates the annual plans, validates budgets and revenue, organizational growth and expansion plans.  He communicates strategy and plans to board and takes approvals.  He connects with investors to ensure cash flow and fund for growth and expansion.  He signs the annual reports of the organization. In American English or managing director (MD) in British English describes the position of the most senior corporate officer, executive, or administrator in charge of managing an organization. COO (Chief Operating Officer) Is the senior manager who is responsible for managing the company's day-to-day operations and reporting them to the chief executive officer (CEO) Is responsible for the day to day operations of the organization.  Execution of plans created and validated by CEO is responsibility of CO...

Share Market Terminology

 Brief Contains the share market related terminology. Also, please click on each item to see the details. EPS(Earnings Per Share):  The higher a company's EPS, the more profitable it is considered to be. DP(Depository Participant) charges: DP holding: Authorized Capital: Issued Capital: Paid up Capital: institutional promoters and individual promoters: M/S Sopan Company Limited is the major promoter of Mailung with a 39% stake as of now.  at a par value of Rs. 100 A 1:1 bonus means that  a shareholder will get one share for each share held by him . For example, if someone is holding 10 shares, he will get 10 more. The shareholders do not pay anything for these shares. Right Share  -  If a company listed in the stock exchange again issues the shares, the existing shareholders get the first right to purchase such shares. As such shares are the first right of the existing shareholders, they are called right shares. What is NEPSE Index, Sensitive & Float I...

Architecure

 Brief This contains the details about the Architecture terminology widely used in Software Company and as well in other companies. In simple term , it contains the diagram of your whole application. This includes layers in the architecture (such as database, backend, frontend), design patterns, where data is located, where is service/api, explanation of the application and each parts in the application and flow of the data in the application. So, for this the clear picture of application features and requirements of application is the must. And should also have the clear knowledge of architecture style, architecture pattern, design pattern and design principles.

White Paper

 Brief This contains the details of the terminology White Paper used in the software company and as well in other companies. In simple term, it is the proper documentation of whatever you are going to build i.e. features in the application or the total number of menus and sub menus inside it.

Prototype

 Brief We will discuss about Prototype the most widely used terminology in Software Development company other industries as well. In simple term, it is call POC(proof of concept). This determines application's  initial structure with few main functions like how it will look like and what it could do. So, you may depict this by either by using diagram or by sample app creations. Sample app will contains few or all the functionalities from the UI perspectives for which you may simply use html and css or some tools like adobe xd or photoshop or some other tools.

Terminology used in CPU, GPU, APU, RAM or Hardisk(HDD or SSD)

 Brief We will discuss the terminology used in the CPU, RAM or Hardisk(HDD or SSD). CPU GPU Si RAM Virtual Memory (From the  also called Page File,  Single Stick Dual Stick Single Channel Dual Channel Single Slot Dual Slot RAM Disk RAM Caching Note - More size, more frequency, more channel, and less latency is best for RAM but it depends upon your laptop, if your laptop mother board only supports 2400MHz frequency then buying more than that frequency of RAM is not good idea because your RAM will work at 2400MHz frequency only. If you want to use the High Frequency RAM then use the technique of RAM Disk and RAM Caching. Hardisk References & Recommendations πŸ”₯ High Speed RAM πŸ”₯ Does Memory Frequency Matter? πŸ”₯Desktop vs Laptop πŸ”₯ Hindi

Terminology Used In Software Development (Web/App)

 Brief This contains the most used terminology when working with software development i.e. both web application and mobile application. White Paper Prototype Architecture Sync & Async Cloud Cloud Native Architecture Styles Architecture Patterns Design Principles Design Patterns Low level Design UI/UX Software Hardware Domain/Domain Name DNS(Domain Name Server) Hosting/Web Hosting Identity Server Software Development http vs https Project Management, Product Owner, Scrum, Scrum Master, Agile...  Web Crawler: A Web Crawler will generally go through every single page on a website, rather than a subset of pages. Web Scraping: Web Scraping focuses on a specific set of data on a website. These could be product details, stock prices, sports data or any other data sets. You may reach out to  Anil Meharia for the best technology advice .

Some full form, you would like to know.

πŸ•ΈπŸ•ΈπŸ•ΈπŸ•ΈπŸ•ΈπŸ•ΈπŸ•Έ 1. *PAN* - permanent account number. 2. *PDF* - portable document format. 3. *SIM* - Subscriber Identity Module. 4. *ATM* - Automated Teller machine. 5. *IFSC* - Indian Financial System Code. 6. *FSSAI(Fssai)* - Food Safety & Standards Authority of India. 7. *Wi-Fi* - Wireless fidelity. 8. *GOOGLE* - Global Organization Of Oriented Group Language Of Earth. 9. *YAHOO* - Yet Another Hierarchical Officious Oracle. 10. *WINDOW* - Wide Interactive Network Development for Office work Solution. 11. *COMPUTER* - Common Oriented Machine. Particularly United and used under Technical and Educational Research. 12. *VIRUS* - Vital Information Resources Under Siege. 13. *UMTS* - Universal Mobile Telecommunicati ons System. 14. *AMOLED* - Active-matrix organic light-emitting diode. 15. *OLED* - Organic light-emitting diode. 16. *IMEI* - International Mobile Equipment Identity. 17. *ESN* - Electronic Serial Number. 18. *UPS* - Uninterruptible power supply. 19. *H...

Well explained banking terms with life

*BALANCE SHEET Of LIFE*             Birth is your           *Opening Stock.*                        What comes to you                    is                 *Credit.*                       What goes from you                    is                *Debit.*          Death is your          *Closing Stock.*      Your ideas are your                *Assets.*      Your bad habits are          your *Liabilities.*      Your happiness is           ...