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Economy
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Satisficing
See AlsoDecentralized Finance vs Traditional Finance | Genius AcademyCeFi vs. DeFi: What's the Difference? | TechTargetHow Layer 2 scaling improves DeFiWhat Is DeFi Insurance and How Does It Work?Satisficing can be referred to as a phenomenon/strategy that strives for satisfactory decision making.
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Scenario Analysis
Scenario Analysis is a process to ascertain and analyze possible events that can take place in the future.
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Definition: In the world of finance, scalability refers to the ability of a company to sustain or better its performance in terms of profitability or efficiency when its sales volume increases.
Description: It is usually a big challenge for any company to maintain its profitability or efficiency when the volume of sales increases. Similarly, capital markets must have the ability to maintain their performance levels when the volumes of trade carried out by traders and investors rise.
A company with a flexible and scalable system is the one which is able to withstand fluctuations in volume without harming its profitability or efficiency levels.
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- FINANCEINVESTORSCAPITAL MARKETSSALES VOLUME
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Satisficing
Satisficing can be referred to as a phenomenon/strategy that strives for satisfactory decision making.
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- NEXT DEFINITION
Scenario Analysis
Scenario Analysis is a process to ascertain and analyze possible events that can take place in the future.
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- Global capability centres go big on hiring gig employeesIndia's multinational hubs are increasingly turning to hiring contingent workers to meet immediate talent needs while remaining cautious about permanent recruitment due to a bearish global outlook. There has been a significant rise in demand for gig employees in the last six months, with an expected increase of up to 70,000 gig workers in the next six months. This trend allows companies to create a balanced workforce that is agile and cost-effective, with access to specialized skills.
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