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.
n. The time between when school ends and when your parents get home.
Sweet, it's twilight time, take out the porn stash!
See twil..
1.
1D10T = Idiot, buffoon. Military Term utilizing the phoenetic alphabet.
That guy is a real one-delta-ten-tango. He couldn't naviga..
1.
Making a final decision by seeing something without having all the facts.
I saw your girl having lunch with some other dude, so I came ..