Stock Keeping Unit (SKU) – Explained

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

What is a Stock Keeping Unit (SKU)?A stock keeping unit (SKU) is an innovative system used in inventory management that allows easy tracking of inventory. SKU refers to an identification code always displayed as a barcode on products or services, these barcodes can...

Small Business Job Protection Act – Explained

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

What is the Small Business Job Protection Act Of 1996?The Small Business Job Protection Act was passed in 1996. The act addressed issues for small businesses, such as the administration and maintenance of 401(k), pension rules and retirement plans, worker employment...

Market Economy – Explained

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

What is a Market Economy? A market economy is an economic system driven by the decisions of individuals or businesses within the economy to purchase goods or services.A market is made up of buyers and sellers of goods or services.Who Provides the Means of Production a...

Management Fee – Explained

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

What is a Management Fee?  Back to:INVESTMENTS & TRADING

Market Capitalization (Market Cap) – Explained

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

What is Market Capitalization?Market capitalization, also known as Market Cap, refers to the collective value of the company. That is, it is the value of all company ownership shares issued and outstanding by a company.  Market capitalization can be determined by...

Market (Market-Based) Approach – Explained

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

Back to:BUSINESS & PERSONAL FINANCE Academic Research Market (Market-Based) Approach Business models for people, planet (& profits): exploring the phenomena of social business, amarket-based approachto social value creation, Wilson, F., & Post, J. E....

Maastricht Treaty – Explained

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

Maastricht Treaty Definition TheMaastricht Treaty, Economic and Monetary Union and the neo-realist research programme, Grieco, J. M. (1995). Review of International studies,21(1), 21-40. In this paper, the author argues that Maastricht increased the powers of the...

Business Analysis to Develop a Strategy – Explained

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

Business Analysis and Industry ForcesThe SWOT analysis, along with PESTEL factors, told you a good deal about the internal and external threats on your business operations. Porter’s Five Forces analysis helps you to understand the industry and the factors that...

Russell Index – Explained

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

What are the Russell indexes?The Russell indices is a publication of the Frank Russell company which provides a list of US companies based on the value of their equity traded on the capital markets. It includes: Russell 3000 Index Russell 2500 index Russell 2000 Index...

Student Loan Marketing Association (Sallie Mae) – Explained

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

What is Sallie Mae?Sallie Mae is a government-sponsored corporation that was formed in 1972 to cater to student loans. This corporation offers student loans, private education loans, and free college planning tools for students. Sallie Mae was privitized in 2004. It...