Goodwill – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is Company Goodwill? Goodwill refers to an intangible assets associated with the purchase of one firm by another firm. More specifically, goodwill comes into play when the bidding price of a firm is greater than the total value (which is considered fair) of all...

Globalization – Explained

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

What is Globalization?Globalization is the spread or expansion of a company or its business activities across countries or national borders. What is Globalization in Economics? In economics, globalization refers to the affiliation between nations resulting from access...

Gig Economy – Explained

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

What is the Gig Economy?Gig economy refers to a hiring environment where jobs are mostly temporary and flexible (that is they can be completed from any place without prior physical connection with the assigner) and companies prefer hiring on contract rather than...

Giffen Good – Explained

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

What is a Giffen Good?A Giffen good is any commodity which has an upward demand slope. That is, a Giffen good is any product which commands a higher demand when the price is increased, and commands a lower demand when the cost is reduced.This is quite rare in...

Fund Manager – Explained

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

What is a Fund Manager?A fund manager is an individual who takes up the responsibility of implementing a funds investing strategy and controlling the trading activities contained in the portfolio. Funds and portfolios can managed by a single individual, two persons,...

Initial Coin Offering (ICO) – Explained

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

What is an Initial Coin Offering?Initial coins offerings are mostly used in the cryptocurrency space. In an orthodox economy, businesses and firms usually look for ways to raise up funds, with one of the most successful method being the initial public offering or IPO...

Informed Consent (Investment) – Explained

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

What is Client Informed Consent?Informed consent refers to a case where an investment client makes a decision on a recommended investment program. This process actually involves the investment client having vivid and unobstructed understanding of the implications,...

Infomercial – Explained

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

Update Table of Contents What is an Infomercial?How are Infomercials Used?Features of an InfomercialExamples of infomercials and Major UsersAcademic Research on Infomercials What is an Infomercial?An infomercial refers to a long-form video advertisement which is...

Inflation – Explained

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

What is Inflation?Inflation is a measure of the degree at which the median price level of a set of goods and services and other commodities increase over a period of time or a designated duration. A basic definition of this concept is that it is the constants increase...

Inferior Good (Economics) – Explained

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

What is an Inferior Good?In economics, an inferior goods refers to a product that people buy less when their income increases. Simply put, any product whose demand falls when peoples income rise is called an inferior good. This usually occurs when this product has a...