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Resistance Point in a Negotiation
This Video Explains the Resistance Point in a Negotiation
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Regret Theory
What is the Regret Theory? In decision theory, on making decisions under uncertainty—should information about the best course of action arrive after taking a fixed decision—the human emotional response of regret is often experienced, and...
The Business Professor
Real Estate Taxes
Real estate taxes are generally taxes assessed against the value of one's real estate or taxation of gains from the sale or disposition of real estate. This video explains what is property taxation in both of these instances.
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Quality of Earnings - Management Incentives
Management is incentivized by the calculation of a business' value. A quality of earnings report can affect the value of the business and, as a result, the incentives placed on management.
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Punctuated Equilibrium Model
What is the Punctuated Equilibrium Model? “Punctuated equilibrium is the idea that evolution occurs in spurts instead of following the slow, but steady path that Darwin suggested. Long periods of stasis with little activity in terms of...
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Professional Portfolio or Proof of Work
This Video Explains Professional Portfolio or Proof of Work
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Priority Conflicts between Security Interests
This video explains what is a Conflict in Priority between Security Interests in the same Collateral.
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Prioritize Issues in a Negotiation
This Video Explains How to Prioritize Issues in a Negotiation
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PEST (EL) Analysis
What is a PESTEL Analysis? A PESTEL analysis is a framework or tool used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization, company, or industry.
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Persuasive Messages - Communications
A persuasive message is the central message that intrigues, informs, convinces, or calls to action. Persuasive messages are often discussed in terms of reason versus emotion. Every message has elements of ethos, or credibility; pathos,...
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Strategic Maneuvering
Strategic maneuvering in argumentative discourse consists in reconciling two simultaneous tendencies: aiming for effectiveness and maintaining reasonableness.
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Steps in Developing an Operational Plan
What are the Steps in Developing an Operational Plan? Operations plans are extremely specific, detailed documents that clearly define how a department or team can contribute to reaching specific company goals. They typically outline the...
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Understanding the Breakdown of State Court Systems
The video provides an overview of the state court system in the United States, including the hierarchy of courts and their respective jurisdictions. It explains that almost every state has trial courts with subdivisions of limited...
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Six Paths Framework
The Six Paths Framework developed by Chan Kim and Renée Mauborgne allows managers to address the search risk many companies struggle with.
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Situational Analysis - 4C, 5C, 7C Approaches
What is the 4C Situational Analysis? The 5C Situation analysis is a method of conducting both an internal and external analysis of a company.
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Sherman Act Vertical Territorial Agreements
Sherman Act Vertical Territorial Agreements
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Introduction to Managerial Accounting
In this video, the speaker provides an explanation of what managerial accounting is and how it differs from financial accounting. The video highlights the tasks and responsibilities of a managerial accountant, such as preparing financial...
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Website URLs and Social Media Handles for Business
Why are Website URLs and Social Media Handles important for a Business? Having social media handles will help your business communicate with your customers in real-time and provide timely support. And this way, you can build trust and...
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Transactional Leadership
Transactional leadership, also known as managerial leadership, is a leadership style where leaders rely on rewards and punishments to achieve optimal job performance from their subordinates. The transactional executive leadership model...
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Trademarking a Business Name
Why should you Trademark a Business Name? What is required to secure a trademark? Registering a trademark helps protect a name or brand from intellectual property theft or misuse as a business grows. You can start the trademarking...
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Introduction to Weighted Average Costing
This video explains the concept of weighted average costing and how it is used in assigning the average cost of production to a product. The teacher highlights that this method is efficient when inventory is commoditized and all units...
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Verbal vs Non-Verbal Communications
There are two primary forms of communication: verbal and nonverbal. With verbal communication, people express their thoughts, ideas, and feelings through spoken or written language. Nonverbal communication uses other methods, such as...