Two Terms, poles apart, to provoke thinking early in the morning. Is there a forced association possible, will it be meaningful. Can I apply this to a problem I face as a possible solution?

Term of the Day


1. Background, environmentframework, setting, or situation surrounding anevent or occurrence. 
2. Words and sentences that occur before or after a word or sentenceand imbue it with a particular meaning. 
3. Circumstances under which a document was created, including itsfunction, purpose, use, time, the creator, and the recipient.
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Usage Example
The context for the situation did not quite match the level of seriousness that Jane was using, and being oblivious to this fact, she was quite suprised when her sister told her to tune it down.
Term of the Day

Cost Of Goods Sold

COGS. An income statement figure which reflects the cost of obtainingraw materials and producing finished goods that are sold toconsumers.Cost of Goods Sold = Beginning Merchandise Inventory +Net Purchases of Merchandise - Ending Merchandise Inventory.

For example:
Beginning Merchandise Inventory = $150,000
Net Purchases of Merchandise = $400,000
Ending Merchandise Inventory = $125,000
COGS =...
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Usage Example
Determining the cost of goods sold requires taking inventory.
Notable Quotable
"There is only one boss. The customer. And he can fire everybody in the company, from the chairman on down, simply by spending his money somewhere else." 
-Sam Walton, founder of Wal-Mart