Management technique in which statistical tools such as decision tree analysis, multivariate analysis, and probabilistic forecasting are applied to the mathematical models of real-world problems. The objective of a decision analysis is to discover the most advantageous alternative under the circumstances.
Decision analysis is in the Decision Making, Problem Solving, & Strategy and Statistics, Mathematics, & Analysis subjects.
Nov 26, 2010
Business Term of the Day: decision analysis
Nov 23, 2010
Business Term of the Day: internet commerce
Broad term covering all commercial activity on the internet, including auctioning, placing orders, making payments, transferring funds, and collaborating with trading partners. Internet commerce is not a synonym for electronic commerce (e-commerce) but one of its subsets.
Internet commerce is in the Banking, Commerce, Credit, & Finance, E-Commerce and Internet & World Wide Web subjects.
Internet commerce appears in the definitions of the following terms: credit card , consumer to business (C2B), consumer to consumer (C2C), co-branding, and countertrade.
Term of the Day - Ιnflation
The overall general upward price movement of goods and services in an economy (often caused by a increase in the supply of money), usually as measured by the Consumer Price Index and the Producer Price Index. Over time, as the cost of goods and services increase, the value of a dollar is going to fall because a person won't be able to purchase as much with that dollar as he/she previously could. While the annual rate of inflation has fluctuated greatly over the last half century, ranging from nearly zero inflation to 23% inflation, the Fed actively tries to maintain a specific rate of inflation, which is usually 2-3% but can vary depending on circumstances. opposite of deflation.
Nov 17, 2010
Theodoros Kolokotronis (3 April 1770 – 4 February 1843)
Kolokotronis' greatest success was the defeat of the Ottoman army under Mahmud Dramali Pasha at Dervenakia in 1822. In 1825, he was appointed commander-in-chief of the Greek forces in the Peloponnese. Today Kolokotronis is among the most revered of the protagonists of the War of Independence.
The Kolokotroneoi were a powerful and respected clan in Arcadia in the 18th century. Several members of his family have been kleftes literally thiefs, the freedom fighters during the years of Ottoman opression.
Kolokotronis was born at Ramavouni in Messenia, and grew up in Libovitsi in Arcadia. His father, Constantine Kolokotronis, took part in an armed rebellion which was supported by Catherine the Great of Russia, but was killed in an engagement along with two of his brothers George and Harry.[citation needed] Theodoros joined the ranks of a Peloponnesian guerrilla band, and by age fifteen was the leader (kapetanios, which means "captain") of his own group. He had a brief stint at sea as a corsair, then in 1805 he took service on a series of ships in the Russian fleet in the Russo-Turkish War. After 1810 he served in a corps of Greek infantry in English service on Zakynthos, then a British possession, and was awarded the brevet rank of brigadier for his service against the French. From his service in the regular Russian and British forces, Kolokotronis gained valuable insights that he would later use in his career.
O Geros tou Morea or "The Elder of Moreas,"
Kolokotronis returned to the mainland just prior to the outbreak of the war (officially, 25 March 1821) and formed a confederation of irregular Moreot klepht bands. These he tried to train and organize into something resembling a modern army. In May, he was named archistrategos or Marshal Commander-in-Chief. He was already 50 years old by this time, a fact which contributed to his sobriquet O Geros tou Morea or "The Elder of Moreas," whereby Morea was another name describing the Peloponnese. Kolokotronis' first action was the defense of Valtetsi, the village near Tripoli where his army was mustering.
He next commanded Greek troops in the siege of the coastal town of Nafplion. He took the port, and the Turkish garrison in the town's twin citadels was running low on supplies, but the disorganized Greek provisional government at Argos, just to the north, could not complete negotiations for its surrender before a large Ottoman force began marching southward to crush the rebels. Panicked, government officials abandoned Argos and began evacuations by sea at Nafplion. Only an under-strength battalion under Demetrios Ypsilantis remained to hold Larissa castle, the fortress of Argos.
After the war Kolokotronis became a supporter of Count Ioannis Kapodistrias and a proponent of alliance with Russia. When the count was assassinated on 8 October 1831, Kolokotronis created his own administration in support of Prince Otto of Bavaria as a king of Greece. However, later he opposed the Bavarian-dominated regency during his rule. He was charged with treason and on 7 June 1834 sentenced to death; but he was pardoned in 1835. Theodoros Kolokotronis died in 1843 in Athens one day after his son's Konstantinos(Kollinos) wedding.
Kolokotronis are honored many street names, especially many of them in almost every major city, most of the towns and some of its smaller towns. One of them in the populated cities is "Kolokotronis Street
Kolokotronis' portrait was depicted on the banknote of 1984-2001.
Nov 6, 2010
The Greatness of the Greek Language - H YΠΟΔΕΙΓΜΑΤΙΚΗ ΟΜΙΛΙΑ ΤΟΥ Κ.ΞΕΝΟΦΩΝ ΖΟΛΩΤΑ.
"I eulogise the... archons of the Panethnic Nomismatic Thesayroys and the Ecumenical Trapeza for the orthodoxy of their axioms,methods and policies,although there is an episode of the of cacophony of the Trapeza with HELLAS.With enthousiasm we dialogue and synagonize at the synods of our didymous organizations in which polymorphous economic ideas and dogmas are analyzed and synthesized.Our critical problems such us the numismatic plethora generate some agony and melancholy.This phenomenon is characteristic of our epoch.But,to my thesis,we have the dynamism to program therapeutic practices as a prophylaxis from chaos and catastrophe.In parallel,a panethnic unhypocritical economic synergy and charmonization in a democratic climate is basic.I apologize for my eccentric monologue.I emphasize my eucharisties to you Kyrie,to the eugenic and generous.American ethnos and to the organizers and protagonists of this amphictiony and the gastronomic symposia".
Xenophon Zolotas, Washington DC 9/26/1957
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