Remove 2004 Remove Course Remove Definition Remove Trends
article thumbnail

5 examples of the black swan theory

Logistics at MPEPS at UPV

The black swan theory or theory of black swan events is a metaphor that describes an events like the economic downturn and pandemic that comes as a surprise, has a major effect, and often change the direction of politics, the economy and business, and influence the course of history. Now it is a retail leader in Asia.

article thumbnail

The History of eCommerce: From the 1960s to the 2020s

Ship Monk

Of course, bad times don’t last forever, and, slowly but surely, stock exchanges recovered and were stabilized by 2001. In 2004, the Payment Card Industry Security Standards Council (PCI) formed to ensure the creation, enhancement, and implementation of security standards that protect customer account data. We want to hear from you!