To bring different things together so they combine into one unified thing
The team spent months converging their separate research findings into a single report.
The designer's goal was to converge three app features into one seamless experience.
a particular aspect or feature of something.
Sustainability is an important facet of our new business plan.
The report examined every facet of the market trend.
the state of being likely to change suddenly, especially for the worse.
The stock market is currently showing high volatility due to global events.
Economic planners must account for the volatility of energy prices.
The person, factor, or force that makes the final and most important decision
In any consumer market, the customer is the ultimate decider of what survives.
Data can guide strategy, but leadership remains the ultimate decider in a crisis.
balancing one thing against another so that they cancel each other out.
The revenue from the new product is offsetting the losses in the older division.
They implemented a carbon tax, with the goal of offsetting environmental damage.
The time, money, or effort a person or company loses when changing from one product or service to another
High switching costs keep many customers loyal to their bank even when better options exist.
One reason businesses stay on older software is the switching cost of retraining all staff.
