Stress Test (Financial) – Explained

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

What is Stress Testing?Stress testing refers to a computerized process of testing the ability of companies (primarily financial institutions) and investment portfolios to maintain a level of efficiency in unfavorable future financial or economic situations....

Trilateral Commission – Explained

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

What is the Trilateral Commission?The Trilateral Commission is an organization of a total of 325 non-government, non-partisan private citizens from North America, the E.U., and Japan. This organization seeks to foster greater cooperation between the European Union,...

Trickle-down Theory – Explained

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

What is the Trickle-Down Theory?The trickle-down theory (otherwise known as trickle-down economics) postulates that applying special tax cuts to the rich and wealthy as well as bigger corporations with benefit the society, by later affecting everyone else. This model...

Trickle-down Effect – Explained

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

What is the Trickle-Down Effect?The trickle-down effect is a model used in marketing, which states that fashion trends move from the higher classes to the lower classes in society. This model states that fashion sense flows vertically in the society, with each social...

Economic Cycle – Explained

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

What is the Economic Cycle?The economic cycle refers to the period when the economy fluctuates between expansion and contraction stages. One can refer to expansion as growth period, and contraction as recession period. Economists evaluate the present economic cycle by...

Traveler’s Dilemma – Explained

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

What is the Traveler’s Dilemma?In game theory, the travelers dilemma is a non-zero-sum game (a game where ones gain doesn’t lead to another’s loss like a win-win situation or a loss-loss situation) in which the participants are looking to maximize...

Turnkey Business – Explained

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

What is a Turnkey Business?A turnkey business is an existing business that, if purchase, would be ready for immediate operation. Turnkey is based on the concept of unlocking doors and beginning operations by turning the key in the lock. Turnkey businesses are mainly...

Utilitarianism (Economics) – Explained

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

What is Utilitarianism?The theory of utilitarianism was developed by Jeremy Bentham and John Stuart Mill. Utilitarianism focuses on the consequences of an action performed by an individual or a society. A utilitarian is concerned with how well an action favours the...

Tree Diagram – Explained

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

What is a Tree Diagram?A tree diagram is a tool (especially a graphical representation) which is utilized in strategic decision making, market valuation, and for calculating probability. This diagram starts at a single point, with branches moving to create extra...

Treasury Note – Explained

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

What is a Treasury Note?A treasury note is a US government debt instrument with fixed interest rate and can be resold in the market to increase its value. Treasury notes have a maturity of at least a year and can last up to 10 years. Treasury Notes can be obtained by...