BNET Business Dictionary

Business Definition for: Black Hole

  • a project that consumes unlimited amounts of resources without yielding any profit

Wiktionary Definition for: Black Hole

  • A gravitationally domineering celestial body with an event horizon from which even light cannot escape; the most dense material in the universe, condensed into a singularity, usually formed by a collapse collapsing massive star.
  • A sphere of influence into which or from which communication or similar activity is precluded.
  • An entity which consumes time or resources without demonstrable utility.

Additional Resources

How Big Is Your Black Hole?
Article explains one of the activity which covers under hiring process. One of the most intriguing and mysterious phenomena of the cosmos is the "black hole." Black holes can refer to traditional paper-based processes where resumes are literally sitting in file cabinets. But, with the information age, the term is...
Tags: Black Hole
White papers 2001-07-20
Gravitational lens helps Chandra find rare type of black hole.
M2 PRESSWIRE-21 March 2000-NASA: Gravitational lens helps Chandra find rare type of black hole C1994-2000 M2 COMMUNICATIONS LTD RDATE:20032000 A team of astronomers from England and France have reported strong evidence for the existence of a rare type of black...
Tags: NASA, team
Research articles 2000-03-21
Japan's Nikkei: Black Hole or Buying Opportunity?
Bill Zielinski submits: Has Japan Been Pulled Into A Black Hole? According to Einstein’s theory of general relativity, a black hole is a region of space in which the gravitational field is so powerful that nothing, including electromagnetic radiation can escape its pull after having fallen past its event...
Tags: Japan, Bill Zielinski
External links 2009-02-17
The Black Hole of Corporate Branding
Is this the dawning of the age of branding or just another black hole? Learn and teach new standards, lead and spread the new knowledge in an organization, break the old methods. The sooner one comes out of the bondage of the old fashioned marketing and branding campaigns, the sooner...
Tags: Black Hole, RealMarket, Branding, Marketing
White papers 2004-12-20
U.S. space program veering toward ominous black hole.(NASA's FUTURE)
The U.S. space program is veering toward an ominous black hole. The U.S. space program is veering toward an ominous black hole.
Tags: black hole, NASA
Research articles 2007-07-06
EIL 'black hole' manageable, Best says.(environmental and asbestos liability will not ruin the property-casualty insurance industry, according to A.M. Best)
The "black hole" of environmental and asbestos liabilities for the property-casualty insurance industry is not as deep as once believed, A.M. Best analysts say. In a report which will be released later this month, Best's analysts have lowereThe "black hole" of environmental and asbestos liabilities ...
Tags: A.M. Best Co., black hole, insurance company
Research articles 1996-01-22
Curiouser and curiouser, NASA plans to 'image' a black hole
In Through the Looking-Glass, Alice learns it's possible to "believe as many as six impossible things before breakfast," but many astrophysicists would like to see just one: a view of a light-destroying black hole. And they are getting closer. NASA is even calling the drive to "image" a black hole...
Tags: NASA
Research articles 2006-10-10
'Death star' black hole seen blasting nearby galaxy
WASHINGTON AFP — The massive cosmic assault of a black hole blasting an immense jet of energy and radiation into a nearby galaxy has been observed by astronomers for the first time, NASA announced Monday. In a burst of galactic violence recorded by astronomers in the US space agency's...
Tags: NASA, radiation
Research articles 2007-12-18
Smallest black hole proves a giant find for science
WASHINGTON AFP — The discovery in our own galaxy of the smallest black hole known in the universe is a feather in the cap for NASA, but it will present new challenges to future space travelers who may venture too close. Tiny but intense, with a mass 3.8 times...
Tags: NASA
Research articles 2008-04-02
Milky Way's monster black hole awoke 300 years ago
PARIS AFP — A black hole slumbering at the centre of our galaxy went into a "feeding frenzy" three centuries ago, the European Space Agency ESA said on Tuesday. Located around 26,000 light years from Earth, the black hole, known as Sagittarius A-star (Sgr A*), is a monster with...
Tags: European Space Agency
Research articles 2008-04-15
Black hole survey
Scanning the sky for high-energy X rays, NASA's Swift satellite has completed the first comprehensive census of active supermassive black holes that lie within 400 million light-years of Earth. The study, reported in October at a meeting of the American Astronomical Society in San Francisco, found more than 200 supermassive...
Tags: NASA, survey
Research articles 2006-11-18
London fare rise to plug 'black hole'
The London mayor's transport organisation is to impose the biggest real-terms fare increases in its history as it seeks to plug what it claims is a £1.7bn "black hole" in its budget. Underground fares will rise by an average 3.9 per cent from January, while bus fares will go up...
Tags: London, Congestion
News items 2009-10-15
Plugging the Black Hole of Deductions
The article asserts that although only a small percentage of deduction claims are illegitimate, failing to recover those sums dilutes profits over time. Good recordkeeping and efficient systems can help, but the key to recovering all payments. When customers dispute vendor invoices, they usually take advantage of the situation and...
Tags: Black Hole, Payment, Deduction, Operational Accounting, Finance
White papers 2000-05-01
Italian football giant Parma sucked into Parmalat black hole
PARMA, Italy AFP ? One of Italy's most prestigious football clubs Parma was barely afloat after its director and entire board quit and the club was put up for sale as the scandal that has ravaged parent-company Parmalat began to hit home. Parma, who have won the UEFA Cup...
Tags: Agence France-Presse, board, FINANCE, football, Italy
Research articles 2004-01-10
Iraq a 'black hole' for Islamist recruiting, top anti-terror judge tells AFP
PARIS AFP ? The US-led occupation of Iraq has boosted recruitment to Islamist groups in Europe and is a "black hole" pulling in militants from across the Middle East, France's top anti-terrorist judge Jean-Louis Bruguiere told AFP in an exclusive interview. There is so far no evidence of an...
Tags: Agence France-Presse, Al-Qaeda, Europe, France, Government, Iraq, recruiting
Research articles 2004-07-05
America at War: The aftermath: IN THE BLACK HOLE; 400 body parts a
IT'S a black hole which measures just a third of a square mile, and day and night rescue workers swarm over it like ants. The obliterated site of the World Trade Center is the focus of the world's most intensive rescue operation. It's still...
Tags: World Trade Center
Research articles 2001-09-23
How Ansett disappeared into a $100m black hole.
Mar 1, 2002 The Australian Financial Review ABIX via COMTEX -- On 28 February 2002, it was announced that the Tesna syndicate has withdrawn its offer for Ansett. It has since been revealed that the bid for Ansett was terminated in London on 7 February...
Tags: Air Transport Association, Goldman Sachs Group Inc., Strategy, syndicate
Research articles 2002-02-28
MEWAs emerging from regulatory 'black hole.' (multiple employer welfare arrangements) (column)
MEWAs Emerging From Regulatory `Black Hole' As health care costs escalate, many experts believe that the climate is ripe for fraud committed with the use of benefit plans called multiple employer welfare arrangements. Left unchecked, employers and their employees could be cheated out of...
Tags: Benefits, ERISA, Government, HEALTHCARE, Regulations, regulator, SOFTWARE, Software Information Industry Association
Research articles 1990-05-14
'Death Star' Galaxy Black Hole Fires at Neighboring Galaxy
To: TECHNOLOGY EDITORSContact: Grey Hautaluoma, Headquarters, Washington, +1-202-358- 0668, grey.hautaluoma-1@nasa.gov, or Jennifer Morcone, Marshall Space Flight Center, Huntsville, Ala., +1-256-544-7199, jennifer.j.morcone@nasa.gov, both of NASA; or Megan Watzke of Chandra X-ray Center, Cambridge, Mass., +1-617-496-7998, mwatzke@cfa.harvard.edu WASHINGTON, Dec. 17 /PRNewswire-USNewswire/ -- A powerful jet from a super massive black hole is...
Tags: NASA
Research articles 2007-12-17
MEWAs emerging from regulatory 'black hole.' (multiple employer welfare arrangements)
MEWAs Emerging From Regulatory `Black Hole' As health care costs escalate, many experts believe that the climate is ripe for fraud committed with the use of benefit plans called multiple employer welfare arrangements. Left unchecked, employers and their employees could be cheated out of...
Tags: Benefits, ERISA, Government, HEALTHCARE, Regulations, regulator, SOFTWARE, Software Information Industry Association
Research articles 1990-06-04
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