The Business Professor
Stress (Organizational Behavior)
What is Stress? How is it related to Organizational Behavior? Stress occurs when a demand exceeds an individual's coping ability and disrupts his or her psychological equilibrium. Stress occurs in the workplace when an employee perceives...
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Stakeholder Management
What is Stakeholder Management? Stakeholder management is a critical component in the successful delivery of any project, programme or activity. A stakeholder is any individual, group or organization that can affect, be affected by, or...
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Stages of Strategic Planning
What are the 7 stages of the strategic planning process?
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Social Influences Affect Consumer Decisions
Social Influences Affect Consumer Decisions
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Social Facilitation Theory
Social facilitation is a social phenomenon in which being in the presence of others improves individual task performance. That is, people do better on tasks when they are with other people rather than when they are doing the task alone.
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Six Leadership Styles
Six Leadership Styles. According to Daniel Goleman, Richard Boyatzis, and Annie McKee, there are six emotional leadership styles – Authoritative, Coaching, Affiliative, Democratic, pacesetting
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Short-Run Decision Making
This video provides a clear explanation of short-run decision making and emphasizes its importance in the decision making process, particularly in terms of the immediate impact and time frame involved.
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Sherman Act Vertical Price Fixing Maintenance
Sherman Act Vertical Price Fixing Maintenance
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Sherman Act Horizontal Restraint of Trade
Sherman Act Horizontal Restraint of Trade
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Role of Creativity in Negotiations
This Video Explains the Role of Creativity in Negotiations
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Review Under the Federal Arbitration Act
This Video Explains Review Under the Federal Arbitration Act
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Vision Statement in a Business Plan
What is the Vision Statement in a Business Plan? A vision statement is a written declaration clarifying your business's meaning and purpose for stakeholders, especially employees. It describes the desired long-term results of your...
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Unethical Negotiation Tactics_
Unethical tactics are those meant to deceive or harm others with no overwhelming individual or societal good that outweighs the harm of deceit.
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Activity-Based Costing vs Traditional Costing
Traditional methods of allocating costs differs from activity-based costing methods. This video explains the difference between activity-based costing and traditional costing methods.
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Theory of Constraints
What is the Theory of Constraints? The theory of constraints is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints.
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Power in a Negotiation - Strategic Orientation
This Video Explains Power in a Negotiation - Strategic Orientation
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Change Management
What is Change Management? Change management is a collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change.
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Effective Communication through Body Language
In this video, the speaker provides tips on using body language to improve communication and project confidence in professional settings. They emphasize the importance of standing and sitting up straight, making eye contact and smiling,...
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Biases and Errors in Decision Making
What are some common biases and errors in Deicsion Making? here are a plethora of cognitive biases, also known as subconscious errors, that have been studied by psychologists, and it is important to understand that each individual will...
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Decision-Making and Relevant Costing
Relevant costs or relevant costing is closely related to decision making. A relevant cost is a cost that will directly change based upon a singular decision.
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Cynefin Framework
What is the Cynefin Framework? The Cynefin framework (Figure 1 below) is a problem-solving tool that helps you put situations into five "domains" defined by cause-and-effect relationships.
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Corporate Governance and the Dodd Frank Act - Explained
Corporate Governance and the Dodd Frank Act - Explained
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Controllable Costs - Accounting
This video explains what are controllable costs and how the identification of controllable costs assists managers in decision making.