The Business Professor
Levers of Control (Management)
What are the Levers of Control in management? Levers of Control are defined as any: Formal information-based routine or procedure. that is used by management. to maintain or alter patterns in organizational behavior.
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Leader Decision Making
What is Leader Decision Making? How does leader decision making fit into behavioral leadership study?
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Just in Time Inventory Management
Just in Time Inventory Management has numerous benefits for the manufacturer and retailer.
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Judicial Branch and Making Law
This Video Explains Judicial Branch and Making Law
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Judgment Noise
What is Judgment Noise? When people consider errors in judgment and decision making, they most likely think of social biases like the stereotyping of minorities or of cognitive biases.
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Managerial Skills: Conceptual, Human and Technical Skills
This video discusses the three main categories of managerial skills: conceptual skills, human skills, and technical skills. It explains how the composition of these skills varies depending on the level of the manager within the...
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Performance Management
What is Performance Management in an Organization? “Performance management is the continuous process of improving performance by setting individual and team goals which are aligned to the strategic goals of the organisation, planning...
The Business Professor
What is Participative Budgeting?
A participative budget seeks the involvement of lower-level managers in an organization.
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Organizational Responses to Environmental Pressures
Organizations often use standard responses to changes in the external environment
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Mintzberg's Power School of Strategic Development
The Power School of Strategy Formation. This school sees strategy formation as a process of negotiation.
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Organizational Strategy
Organizational strategy is a tool to help businesses structure their resources in a way that supports their business activities.
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Modes of Management
Modes of management include management styles that can be categorized by three major types: Autocratic, Democratic, and Laissez-Faire, with Autocratic being the most controlling and Laissez
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Mitigating the Effects of Social Comparison in a Negotiation
This Video Explains Mitigating the Effects of Social Comparison in a Negotiation
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Relevant Costs Explained
A relevant cost is the opposite of a sunk cost. The relevant cost is a cost affected by a single management decision. Thus the decision will have an effect on the future cost.
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Regulation of Specific Business Activities
How do US Laws and Regulations apply to specific business activities?
The Business Professor
Rational Basis Review - Minimum Rationality
This Video Explains the Rational Basis Review - Minimum Rationality
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Profit Planning
Profit planning includes taking a look at operations, creating interlocking budgets, and allocating resources to maximize revenue and minimize costs.
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Professionalism - Please, Thank You, and Interjections in a Conversation
This Video Explains Professionalism - Please, Thank You, and Interjections in a Conversation
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Primary Federal Laws Governing Pesticides
Primary Federal Laws Governing Pesticides
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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.
The Business Professor
Persuasive Negotiation Tactics - Peripheral Route
This Video Explains Persuasive Negotiation Tactics - Peripheral Route