Taguchi Method of Quality Control – Explained

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

What is the Taguchi Method of Quality Control?The Taguchi method, also referred to as robust design method or off-line quality control, refers to a quality product design or engineering technique comprised of statistical control methods usd to inform design,...

Tail Risk (Portfolio) – Explained

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

What is Tail Risk?Tail risk refers to a form of a portfolio risk where there is a possibility of an investment shifting beyond three standard deviations from its prevailing price. Tail risk measures the variance of investment returns from its average returns. The...

Manufacturer’s Suggested Retail Price (MSRP) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing

What is Manufacturer’s Suggested Retail Price?The Manufacturer’s Suggested Retail Price (MSRP), also known simply as the list price, is the price at which a manufacturer recommends that a particular product be sold in retail outlets. The MSRP is also...

Manufacturing Production (Strategy) – Explained

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

What is Manufacturing Production?Manufacturing production is a strategy that enables manufacturers to achieve maximum efficiency in the manufacturing and production of goods intended for sale. Manufacturing production processes can be broadly classified into three...

MAR Ratio – Explained

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

What is a MAR Ratio?The Managed Account Reports Ratio, popularly known as the MAR Ratio, is a measurement of the return per unit of risk, and is used to compare performances of fund managers, commodity trading advisors and hedge funds. Risk is defined as the maximum...

Margin Account – Explained

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

What is a Margin Account?A margin account is a type of brokerage account that allows the investor to utilize a cash loan from the broker in addition to his own funds in order to purchase stocks or other financial products. Margin accounts are typically used by...

Rainmaker – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is a Rainmaker?A rainmaker as used in business refers to an individual who has the capacity to win a contract as well as bringing on board prospective clients in a magical manner. It is termed as magical because the influence on a business being a new activity is...

Random Factor Analysis – Explained

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

What is Random Factor Analysis?Random factor analysis refers to a statistical technique that is used to identify the origin of the randomly collected data. Random factor analysis is applied when you want to determine whether the underlying trend is the cause of the...

Ratable Accrual Method (Bonds) – Explained

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

What is the Ratable Accrual Method?The ratable accrual method refers to a technique used to determine the amount of income earned, at a given period and the period the amount was earned. In other words, the ratable accrual method is the one used to calculate interest...

Taping Rule (Securities) – Explained

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

What is the Taping Rule?The taping rule refers to disciplinary measure, which was approved by the National Association of Securities Dealers (NASD). This was to be applied to firms that have surpassed the specified hiring percentage of their employees, from firms...