Term Auction Facility – Explained

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

What is the Term Auction Facility (TAF)?TheTerm Auction Facility, or TAF, is a provisional fiscal policyinitiative employed by the United States Federal Reserve, that seeks to ameliorate heightened business pressure that threatens short-term funding markets. The...

Tender (Supply Contract) – Explained

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

What is a Tender in a Supply Contract?Tendering is a formal process of soliciting bids for a project that involves sending written documents to potential suppliers of goods or services, specifying the requirements of the project and inviting them to provide estimates...

Temporal Method – Explained

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

What is the Temporal Method?The temporal method, often referred to as the temporal rate method, the historical method, and the historical rate method, is a method of foreign currency translation. It uses exchange rates based on the time of acquisition of assets and...

Telemarketing – Explained

by TheBusinessProfessor | Feb 23, 2025 | SEO, Social Media, Direct Marketing

Update Table of Contents What is Telemarketing?How does Telemarketing Work? Classifying Telemarketing ActivitiesTelemarketing Best PracticesCriticism of TelemarketingAcademic Research on Telemarketing What is Telemarketing?Telemarketing is a marketing strategy that...

Technical Analysis – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is Technical Analysis?Technical analysis is a method of evaluation employed in the field of finance to forecast future price movement of a security based on an examination of past price movements. Technical analysis thoroughly inspects trading activity of...

The Taylor Rule – Explained

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

What is the Taylor Rule?Taylor’s rule is a mathematical formula intended to serve as a guideline for the U.S. Federal Reserve and other central banks for adjusting interest rates in the short-term in response to changes in economic conditions such as inflation...

Writing Business Proposals – Explained

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

What are Business Proposals?Proposals are how you present a business idea and let people know what you are capable of offering. Its the first impression of the business world. Businesses, especially the branded ones, get a large number of proposals in a day. You...

Communications – Writing Business Reports

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

What Is a Report?Reports are documents that contain specific information about a particular subject i.e. time, date, event or incident. It can be presented in various forms such as long pieces of text, graphics, or in tabular form. Its purpose is to inform the reader...

Communicating via Memorandum or Letter – Explained

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

What are Memoranda and Letters?A Memorandum or memo is a form of reminder for an organizations employees. It includes official policies, methodologies, and other business-related practices. It is a mass-communication tool, which is used to convey a specific message to...

Tactics for Effective Communication – Explained

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

What are some tactics for Effective Communication?There are innumerable tactics for effective communication. Below are some of the more common:Define Your Terms be aware of any words you are using that may be unfamiliar to your audience. whether to use it or to...