Examlex
An example of a remote,synchronous collaboration tool is a Skype conference call using VOIP and webcams.
By-product Synergy
The practice of finding valuable uses for waste or by-products generated during the manufacturing process, thereby reducing waste and potentially increasing efficiency and profitability.
Horizontal Brand Extension
A strategy where a brand introduces new products in the same product category.
Particle Board
An engineered wood product made from wood chips, sawmill shavings, or even sawdust, and a synthetic resin or other suitable binder, which is pressed and extruded.
Diversification Strategy
A growth strategy where a business enters into a new market or industry which it is not currently in, while also creating a new product for that new market.
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