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The Business Professor
Elements of a Marketing Plan
This Video Explains the Elements of a Marketing Plan
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Effect of Risk Perception on Negotiation
This Video Explains the Effect of Risk Perception on Negotiation
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Effect of Information Technology on Negotiation
When negotiators interact via technology, power and status differences/cues are minimized. This is known as the weak get strong effect. As such, people respond more openly and are less likely to conform to social norms.
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Distinctiveness Requirement for Trademarks
Distinctiveness Requirement for Trademarks
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Culturallly Responsive Negotiation Strategies
When effectuating a negotiation strategy, seek to understand the other party's culture. Find out how to show respect in the other culture. Identify cultural nuances, such as perception of personal relationships, physical interaction, and...
The Business Professor
Crucial Success Factors - Management
What are Crucial Success Factors in Management? Critical success factor is a management term for an element that is necessary for an organization or project to achieve its mission. To achieve their goals they need to be aware of each key...
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Diffusion of Innovations Theory
What is the Diffusion of Innovations Theory? Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread. The theory was popularized by Everett Rogers in his book Diffusion of...
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Differentiation Strategy
Your differentiation strategy is the way in which you make your firm stand out from otherwise similar competitors in the marketplace.
The Business Professor
Intended, Realized, Emergent, and Deliberate Strategy
A realized strategy is the strategy that an organization actually follows. Realized strategies are a product of a firm’s intended strategy (i.e., what the firm planned to do), the firm’s deliberate strategy (i.e., the parts of the...
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Insurance Considerations for the Business
This Video Explains Insurance Considerations for the Business
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InSourcing vs Outsourcing
What is Insourcing? What is Outsourcing? Outsourcing is the process of hiring a third-party or outsourcing company to do a specific task or function for your business. On the other hand, insourcing means bringing the task or function...
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Information Flow within an Organization
What is information flow and why is it important? Information flow is the exchange of information among people, processes and systems within an organization.
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Influence (Organizational Behavior)
Influence is the ability to affect the actions and behaviors of others. Influence is similar to power and derivers from numerous sources. Researchers identified six sources of power, which include legitimate, reward, coercive, expert,...
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Improving Your Communication in a Negotiation
This Video Explains How to Improve Your Communication in a Negotiation
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How Parties Initiate Mediation
This Video Explains How Parties Initiate Mediation
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Business Income Taxation: Understanding Partnership, Subchapter S, and Subchapter C Status
This video provides an overview of business income taxation, specifically focusing on the different methods of taxation available to businesses. The speaker discusses the option for businesses to be taxed as either a partnership or a...
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Horizontal Integration Strategy
Horizontal integration occurs when a company acquires a competitor or related business, expanding its footprint in its core competency. The main purpose of horizontal integration is typically a strategic aim to expand within a specific...
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High-Performing Teams (Characteristics)
What is a High-Performing Team? What are the characteristics of the high-performing team? High-performance teams is a concept within organization development referring to teams, organizations, or virtual groups that are highly focused on...