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The Business Professor
Process Manufacturing Characteristics
Process manufacturing is a form of continuous manufacturing
The Business Professor
Process Management Skills - Managerial Accounting
This video explains how process management takes place in the managerial accounting process. It specifically identifies the importance of accounting information in process management and how this is a core skill of managers.
The Business Professor
Process for Shutting Down a Business
What is the Process for Shutting Down a Business? This depends on the type of entity and whether the business has outstanding debts and creditors.
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Process for enforcing one's patent rights?
Process for enforcing one's patent rights?
The Business Professor
Preparing a Business for Equity Investment
How do you prepare a business for equity investment? You need to prepare your business to attract equity investors. This includes preparing a robust business plan, having a board of directors in place and brushing up on your presentation...
The Business Professor
Political Power Games in an Organization
Also, Mintzberg (1985) classifies the political games played at organizations, as: insurgency, disapproval of insurgency, power building, nullifying rivals, etc.
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Cost Volume Profit Analysis - Target Profit Analysis in Accounting
Target Profit Analysis is a key assumption when conducting a Cost Volume Profit Analysis. This video explains the relevance of this assumption.
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Social Choice Theory
What is Social Choice Theory? Social choice theory or social choice is a theoretical framework for analysis of combining individual opinions, preferences, interests, or welfares to reach a collective decision or social welfare in some...
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Small Business Investment Company (SBIC)
What is a Small Business Investment Company (SBIC)? An SBIC is a privately owned company that's licensed and regulated by the SBA. SBICs invest in small businesses in the form of debt and equity. The SBA doesn't invest directly into...
The Business Professor
Shipping and Logistics Functions
What are Shipping and Logistics Functions? Shipping is the act of physically transporting goods or materials between locations. Logistics, on the other hand, is the process of managing an intricate operation. Logistics is used in a vast...
The Business Professor
Set up a Business Entity
What are the steps necessary to set up a Business Entity?
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Word Meaning (Communications)
The meaning of words is an important element of communication. The meaning of a word, however, is not always obvious from its definition.
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Voting in Multi-Party Negotiations
Determining courses of action and decision making authority in a multiparty negotiation is often carried out through voting.
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VMOST Analysis
VMOST Analysis helps you clearly see if your organization's vision, mission, objectives, strategies, and tactics are well-aligned.
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Value Engineering
Value engineering is the review of new or existing products during the design phase to reduce costs and increase functionality to increase the value of the product. The value of an item is defined as the most cost-effective way of...
The Business Professor
Types of Business Strategy
Organizational (Corporate) Strategy; Business (Competitive) Strategy; Functional Strategy ; Growth-Based Strategies,; Stability Strategies, · Retrenchment
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Characteristics of an Integrative Negotiation
This Video Explains the Characteristics of an Integrative Negotiation
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Change Equation (Organizations)
What is the Change Equation for Organizations? The Beckhard-Harris Change Equation aims to serve as a simplified way of analysing the potential success or failure of a change initiative within the workplace.
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Ch8. Video 9 - Units-of-Production Method example
Units-of-Production Method example
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Competitive Strategy
In business, a competitive advantage is an attribute that allows an organization to outperform its competitors.