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:
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The ability of a job seeker to see one's self in the job or career they want, rather than reflect on their past jobs and past caree..
1.
An exclamation declaring that one's nuts have indeed just been bobcatted.
Not to be confused with the phrase: "bobcat your n..