GE-McKinsey Matrix| Glossary

 

Definition

The GE-McKinsey matrix is a strategic tool that is utilized for multi business corporations to prioritize its’ investment along its various business units. It consists of a Matrix of nine boxes that offers a systematic method for a decentralized corporations to conclude where they want to best invest their cash.

 

Further Reading

For more on GE-McKinsey Matrix, read here and here.

Fibonacci Sequence | Glossary

 

Definition

The Fibonacci sequence (xn = xn-1 + xn-2) is a series of numbers, in which a new number is formed when the two before it are added. It starts with 0 and 1, and continues to go on like 0,1,1,2,3,5,8,13,21 and so forth.

Origin

It is named after Fibonacci, and was  first introduced in his Liber abaci in 1202.  He was born to Pisan merchants and had a wide ranging aptitude for Mathematics and travelling the world.

Further Reading

For more on Fibonacci Sequence, read here and here.