OODA Loop – Explained

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

What is an OODA Loop?United States Air Force Colonel and Military Strategist, John Boyd, developed the concept of OODA Loop which stands for Observe, Orient, Decide, Apply, a decision making cycle helpful in intense situations. Boyd used the concept in combat...

O*Net (Occupational Information Network) – Explained

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

What is O*Net (Occupational Information Network)?The O*NET or Occupational Information Network is a free online database for the public, especially job seekers, students, workforce training professionals, and businesses, sponsored by the US government, that contains...

Listed Property (Taxation) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is Listed Property?Listed property refers to assets that are depreciable in nature and are used for tax purposes as they have no implication in financial reporting. This property can serve either personal or business purposes. Listed property such as automobiles,...

Law of One Price – Explained

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

What is the Law of One Price?The Law of One Price is an economic theory that addresses the cost of identical goods in separate markets. It rests upon the idea that specific factors cause price disparities across markets.How does the Law of One Price Occur?The law...

Law of Large Numbers – Explained

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

What is the Law of Large Numbers?This is a concept of probability denoting that the prevalence of events with a similar chance of occurrence eventually level out over a number of enough trials. As the number of instances continues to increase, the actual ratio of...

Lombard Rate – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Lombard Rate?How Does the Lombard Rate Work? What is the Lombard Rate?The term Lombard rate has been used globally by people in various sectors to refer to the interest rate used by the central bank – Bundesbank. Moreover,...

London Stock Exchange – Explained

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

What is the London Stock Exchange?The London Stock Exchange (LSE), started more than 300 years ago, is based on the Antwerp Bourse’s model. In 1571, Queen Elizabeth I of England officially opened this exchange. In October 2007, a successful merge happened...

Black Swan – Explained

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

What is a Black Swan?Primarily used in finance, a black swan refers to rare, unexpected events that affect financial markets, such as the financial collapse of 2007-8.How Does a Black Swan Work?Finance researcher, investor and professor Nassim Taleb introduced the...

Black Scholes Formula – Explained

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

What is the Black-Scholes Formula?The Black-Scholes is a formula also known as Black-Scholes-Merton formula. The economists used it the first time for option pricing. It basically estimates a theoretical value of options in European-style with the help of current...

Data On-Boarding – Explained

by TheBusinessProfessor | Feb 23, 2025 | SEO, Social Media, Direct Marketing

What is Data On-Boarding?The term Data On-Boarding is referred to as the transfer process of offline data in the form of digital format. The data is then combined and used for analysis purpose. Data onboarding is used for marketing purposes, to know marketing needs...