What is Underwear Gnome Economics?
1.
A business model in which a company may have great offerings, but does not necessarily great profits due to a lack of stratedgy or how the business is run.
Outlined in an episode of
Step One: Collect underwear.
Step Three: Profit.
WebMD's underwear gnome economics.
Step One: 'Provide connectivity and a full suite of services to the healthcare industry that improve administrative efficiencies and clinical effectiveness enabling high-quality patient care.'
Step Two:
Step Three: Profit.
See
Random Words:
1.
Cynical and often sarcastic use of many common acronyms often used in internet chat rooms and the like
Oh My God, What The Fuck, Barbec..
1.
The process of visiting an Urban Dictionary page daily, rating your definition at 5, and everyone else's at 1, so that your definit..
1.
The incorrect way of spelling Lollapalooza.
Shortay4You: Man that party was a lalopalooza...
SmartAss: Dude, your stupid. Its Lollapal..
