But how useful is the concept of ‘good governance’; how well can it be defined, and to what purpose? As part of a wider project considering the governance of drug policy, RAND Europe and the UK Drug Policy Commission undertook a targeted review of other research and sought expert views,...
Looking at the companies now leading the way, what are they focusing on when incorporating governance into their ESG reporting? Getting the formula right Most of us are aware of the concept of “garbage in, garbage out”: the idea in computer science that entering incorrect data will ...
APIs (application programming interfaces) are continually growing in adoption as a way to connect applications and speed up digital transformation. With the proliferation of APIs, proper API governance is now more important than ever. Good governance helps your API providers AND consumers by ensuring ...
One way researchers are thinking about this is by exploring the concept of embodied cognition. The idea is that robots will need to learn very quickly from their environments through a multitude of senses, just like humans do when they’re very young. Similarly, to develop cognition in the ...
Artificial intelligence.In this framework, the termAIwould be reserved for advanced general AI in order to better manage the public's expectations and clarify the distinction between current use cases and the aspiration of achieving AGI. The concept of AGI is closely associated with the concept of...
The price elasticity of demand is a concept in economics that correlates the quantity demanded of a product with its price. It measures the percentage change in the quantity demanded caused by a change in the price by one percent. The concept of the price elasticity of demand is...
The financial meltdowns of Enron, Tyco and AIG have increased attention and concerns about corporate governance, which is a system of regulations and policies designed to hold corporate leaders accountable and protect company stakeholders. While complian
The BRI is in alignment with the concept of a global community of shared future. It promotes and puts into action ideas that are relevant to the present era, the world, development, security, openness, cooperation, civilization, and governance. It provides not only a conceptual framework but ...
Total cost of ownership (TCO) is an estimation of the expenses associated with purchasing, deploying, managing, using and retiringIT assets, such as a product or piece of equipment. TCO, or actual cost, quantifies the cost of the purchase across the product's entire lifecycle. Therefore, it...
At a fundamental level, "Governance" and "Government" both relate to the concept of governing or ruling. "Governance" is a broad term that signifies the methods, processes, and systems used to make decisions and ensure these decisions are implemented. This can relate to any entity, from busin...