Unit Trust – Explained

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

What is a Unit Trust?A Unit Trust is a type of managed fund where investors’ funds are pooled and invested in assets that provide profits for the investors. A unit trust is a form of mutual fund, in which the collective investment is formed under a trust deed....

Unit Investment Trust – Explained

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

What is a Unit Investment Trust?A unit investment trust (UIT) refers to an investment company that offers investors a fixed portfolio that have a definite life or specified life-span. A UIT can be an exchange-traded mutual fund or closed-end fund that offers a...

GUST Restatement – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is the GUST Restatement?GUST Restatement was a requirement mandated by the Internal Revenue Service (IRS) for companies offering annuities and retirement savings plans such as 401(k)s to make certain adjustments in the manner of administering such accounts....

Lanchester Strategy – Explained

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

What is Lanchester Strategy?A Lanchester Strategy refers to an offensive business strategy where a company attempts to attack an existing market. That is, the company develops a plan to penetrate an existing market (often a new market). This technique was named after...

Word of Mouth Marketing – Explained

by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing

What is Word-of-Mouth Marketing?Word-of-mouth market, or WOM marketing is a type of marketing where the satisfaction and preferences of a customer for a company’s product or service can be seen in the ways they talk. It is a free-of-cost advertising based on...

Unit Variable Cost – Explained

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

What is Unit Variable Cost?Variable cost per unit refers to the costs of each unit of goods that a company produces, variable costs change as changes occur in the production level or activity level of the company. Unit Variable Cost is affected by changes in the...

Adaptive Selling – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is Adaptive Selling?Adaptive selling is a customized selling approach which is based on several factors such as the feedback received from the customer, the sales situation and the customer you are selling to. One important feature of this selling approach is to...

Adaptive Expectations Hypothesis – Explained

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

What is the Adaptive Expectations Hypothesis?Adaptive Expectations Hypothesis theory states that people adjust their expectations on what the future will be based on experiences and events of the recent past. Rational ExpectationsAdaptive expectation is closely...

Penny Stock Reform Act – Explained

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

What is the Penny Stock Reform Act?The Penny Stock Reform Act of 1990 is a part of the U.S. financial assets legislation which aims to reduce the amount of fraud involved in non-exchange-listed stocks which generally trade under $5 in over-the-counter markets (OTC)....

Accredited in Business Valuations – Explained

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

What is Accredited In Business Valuation?Accredited in Business Valuation (ABV) is an expert name given to CPAs who are specialists in calculating the businesses value. The ABV certification operates under the management of the American Institute of Certified Public...