TheBusinessProfessor, Author at TheBusinessProfessor

Information Flow: Within Organization

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

[cite] Back to: HOW WE COMMUNICATE Back to: Business Management Organizational communication involves the relaying of information within the organization from one level to another. Organizations must have a robust environment that encourages and facilitates open...

Pareto Rule (80/20 Rule)

by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science

[cite] Back to: RESEARCH, ANALYSIS, & DECISION SCIENCE Pareto or 80-20 Rule Definition The 80-20 rule, also known as Pareto Analysis, is the principle of factor sparsity. It is a business rule which states that 80 percent of many events come from 20 percent of the...

Six Sigma

by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management

[cite] Back to: OPERATIONS, LOGISTICS, & SUPPLY CHAIN MANAGEMENT Six Sigma Definition Six Sigma (often abbreviated as 6) is a statistical-based quality-control program that emphasizes the reduction or elimination of defects in a product, a process, or a service...

Financial Action Task Force

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

Financial Action Task Force (FATF) Academic Research on Financial Action Task Force Special recommendations on terrorist financing, Force, F. A. T. (2001). Retrieved May,23, 2005. The international anti-money-laundering regime: The role of thefinancial action task...

Recap of Business Analysis and Industry Forces

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Next Article: Competitive Advantage Back To: ENTREPRENEURSHIP Recap of the Business Analysis and Industry Forces The SWOT analysis, along with PESTEL factors told you a good deal about the internal and external threats on your business operations. The Porters...

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