The Business Professor
Methods of Carrying on International Business
Methods of Carrying on International Business for US based businesses
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Marketing Plan: Goals and Objectives Section
This Video Explains Marketing Plans: Goals and Objectives Section
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Marketing - What to Do and Not Do as a Salesperson
Marketing - What to Do and Not Do as a Salesperson
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Outside Influences on Marketing Planning
Outside Influences on Marketing Planning
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Introduction to Object Costing and its Benefits
In this educational video, we delve into the concept of object costing. The video explains various types of object costing, such as output-related costing, operational objects, and business relationship costs. By understanding the costs...
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Understanding Normal Costing and its Relationship to Overhead Allocation
In this video, the concept of normal costing is explained as a means of allocating costs to a product, specifically focusing on overhead costs. The speaker discusses how a derived overhead rate is determined based on the driver of an...
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Niche Market Strategy
A niche marketing strategy is an approach that focuses on serving a particular segment of the market with unique needs and preferences. It involves identifying a specific group of customers with distinct requirements and tailoring...
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Network Effect
What is a Network Effect? In economics, a network effect is the phenomenon by which the value or utility a user derives from a good or service depends on the number of users of compatible products. Network effects are typically positive,...
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Mixed Costs vs Step Costs
Mixed costss are a combination of fixed and variable costs. Step costs are consistent costs that step up and remain constant over a range.
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Merchandise Business - Financial Accounting
Merchandise Business - Financial Accounting
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Marketing Plan Situational Analysis
This Video Explains Marketing Plan Situational Analysis
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Marketing - Why Sales Follow Up is Important
Marketing - Why Sales Follow Up is Important
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Marketing - Why are Salesperson Relationships Important
Marketing - Why are Salesperson Relationships Important
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Relationships Matter in Marketing
This Video Explains Why Relationships Matter in Marketing
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Recording Accounts Receivables and Credit Card Transactions
The video discusses the recording of accounts receivables and the different types of recognition involved. The instructor reviews the basic procedure for recording sales on credit and then goes on to discuss credit cards as a different...
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Recording Accounts Payable - Financial Accounting
Recording Accounts Payable - Financial Accounting
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Razor Blade Business Model
The razor-razorblade model is a pricing tactic in which a dependent good is sold at a loss (or at cost) and a paired consumable good generates the profits.