Listening as a Communication Tool – Explained

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

Listening as a Communication SkillPeople communicate with words, expressions, and even in silence, and your attention to them will make you a better communicator. Listening to others commonly consumes more of business employees time than reading writing and speaking...

Communication and Self-Disclosure – Explained

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

Part of the communication process often involves the disclosure of information about one’s self.Five Principles of Self-DisclosureA persons personal life and professional life are connected and do not exist independent of each other in the real world. Everyone...

Understanding the Recipient of a Communication – Explained

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

Understanding Your AudienceCommunication is the means of conveying information and your perspective to others through spoken or written words. It is critical to communicate well with your audience to successfully connect with them. Further, in order to communicate...

Understand Yourself Before Communicating – Explained

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

Importance of Self-Understanding in CommunicationIntrapersonal skills are fundamental to any form of communication. This is because you can only communicate to the degree you understand your own perspective. Your perspective is further affected by your level of...

Planning a Writing Project – Explained

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

How to Plan a Writing ProjectThe first step to conducting thorough research and properly investigating any topic is to understand your objective and knowing what you wish to achieve as the end result. If you know what you want to convey to your audience, only then you...

Sticky Wage Theory (Economics) – Explained

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

What is the Sticky Wage Theory?This theory, often referred to as nominal rigidity or wage stickiness, says that employee wages do not fall as quickly as company performance or economic conditions. So, if the company performs poorly or the economy performs poorly,...

Passive Activity Loss Rule – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What are Passive Activity Loss Rules?Internal Revenue Service, or IRS sets passive activity loss rules so as to restrict taxpayers from using passive losses for offsetting income sources. These rules don’t allow investors to utilize losses from activities...

Passive Activity (Taxation) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is a Passive Activity?Passive activity refers to the activity where a taxpayer doesn’t take part materially in the tax year. According to the Internal Revenue Service, passive activity is of two types. The first one includes commercial or business activity...

Pareto Efficiency – Explained

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

What is Pareto Efficiency?Pareto efficiency, also known as Pareto optimality, refers to an economic condition where at least one person receives resources, provided the other person doesnt get affected. It means that even if the allocation of resources is done in an...

Total Enterprise Value – Explained

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

What is Total Enterprise Value?Total enterprise value is a crucial metric that compares organizations having different debt levels. One can calculate TEV by using the following formula: TEV= market capitalization + interest-bearing debt + preferred stock –...