Clearinghouse Automated Payment System (CHAPS) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Clearing House Automated Payments System?How Does the Clearing House Automated Payments System Work?Direct Participants in CHAPS What is the Clearing House Automated Payments System?Clearing House Automated Payments System (CHAPS)...

Clinical Trial – Explained

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

What is a Clinical Trial?Clinical trials refer to scientific studies and observations carried out on medical treatment to check its safety and potency. These studies and experiments are carried out by individuals on human volunteers who have received specific medical...

Chartered Wealth Manager – Explained

by TheBusinessProfessor | Feb 23, 2025 | Professionalism & Career Development

What is a Chartered Wealth Manager (CWM)?Chartered Wealth Manager (CWM) is a professional designation awarded by the IBS International Board of Standards and the Global Academy of Finance and Management (GAFM), formally the American Academy of Financial Management...

Price Sensitivity – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is Price Sensitivity?Price sensitivity is a concept in consumer behavior theory that reflects how changes in the prices of products affect the demand of consumers for the product. Price Sensitivity reflects the value consumers place on price and when a change...

Capitalization of Profits – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Finance, Personal Finance, and Valuation Principles

What is the Capitalization Of Profits?Capitalization of profits refers to the conversion of a company’s retained earnings into capital stock which can be issued as a form of dividends to shareholders or additional stock shares. The retained earnings of a...

Capital Project – Explained

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

What is a Capital Project?A capital project is a project embarked upon in order to improve, replace, or maintain a capital asset. Capital assets include land, roads, buildings, rails, and others. Common examples of capital projects are new constructions, expansion of...

Clean Bill of Lading – Explained

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

What is a Clean Bill Of Lading?A clean bill of lading is a document issued by a carrier which indicates that the goods received in the vessel are in good condition and without any damage or defect. Product carriers issue a clean bill of lading when the bill is free...

P Value – Explained

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

What is P-Value?The P-value refers to a continuous measure of the evidence against a model to determine the tendency of occurrence of an event or not. It is also a method of examining the level of marginal significance within a statistical hypothesis representing the...

Mathematical Economics – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is Mathematical Economics?Mathematical economics refers to the application of mathematical principles in developing theories and evaluate problems relating to economics. Mathematical economics can also be defined as an integration of mathematical methods and...

Mean-Variance Analysis – Explained

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

What is a Mean-Variance Analysis?The Mean-variance analysis is otherwise called the modern portfolio theory. This is a theory that assesses the risks and expected return of an investment portfolio in order to match the expected return with a given level of risk. The...