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 South Park, where gnomes are stealing the town's underwear. The gnome's plan is to...

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 south park, economics, underwear gnomes, gnomes, underwear
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