by TheBusinessProfessor | Mar 3, 2025 | Uncategorized
In today’s competitive job market, success is about more than just skills and experience—it’s also about who you know. Networking plays a crucial role in career growth, helping professionals build relationships, discover opportunities, and gain valuable insights....
by TheBusinessProfessor | Feb 26, 2025 | Uncategorized
Internships are a critical part of career development, offering students hands-on experience and valuable industry connections. Many universities encourage students to take internships, sometimes even granting academic credit for them. However, a significant issue...
by TheBusinessProfessor | Feb 25, 2025 | Uncategorized
Many universities across the U.S. operate internal consulting firms, often called service centers or research labs, staffed primarily by professors and students. These organizations offer services like market research, strategic analysis, and innovation projects to...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is the Z-Score?The Z-score is a statistical measurement of one variables relationship to the mean (average) of a group of values. More specifcally, the Z-score states the number of standard deviations a variable lies from the mean of the group of values. What...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
Who is Professor Mary Parker Follet?Follet researched classical management principles in the context of human elements. She employed psychology to understand employee interactions and to promote the efficient use of people in the organization. What Did Follet Study?In...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Laissez-Faire Management?In Laissez-Faire management, the manager grants lots of autonomy to the employee to make decisions and take actions consistent with their roles in the organization. It is deemed a “hands-off” approach to management. Laissez-Faire...
by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing
What is Physical Evidence in the Marketing Mix? Physical evidence includes all existing and potential features customers see when engaging with your business. Physical evidence: is the tangible proof that establishes credibility. includes the look and feel of your...
by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing
What is People in the Marketing Mix? People are anyone directly or indirectly involved in the business side of the enterprise. That means anyone involved in selling a product or service, designing it, marketing, managing teams, representing customers, recruiting and...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What are the Primary Shipping and Logistics Functions? The primary shipping and logistics functions include: Order Processing Inventory Control Warehousing Transportation Material Handling and Storage
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What are the Primary Manufacturing Functions? The primary manufacturing functions include: Manufacturing Processes and Technology Production Systems Quality Functions Maintenance Logistics Information Technology Systems