Cost Approach to Real Estate Valuation – Explained

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

What is the Cost Approach to Valuation?Cost approach refers to the method of valuing a property (real estate) in which the accrued depreciation is deducted from the replacement cost of the property at current prices. It is one of the basic valuation methods, holding...

Copenhagen Criteria – Explained

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

What is the Copenhagen Criteria?The Copenhagen Criteria refers to the conditions that candidate countries must meet before they can be part of the European Union. The criteria had been established in 1993 by the Copenhagen European Council, and later strengthened in...

Common Market For Eastern and Southern Africa (COMESA) – Explained

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

What is the Common Market for Eastern and Southern Africa (COMESA)?The Common Market for Eastern and Southern Africa, also known as COMESA, was founded in December 1994 with the agenda to replace the initial Preferential Trade Area from the 1980s. The organization was...

Certified Financial Planner – Explained

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

What is a Certified Financial Planner?A certified financial planner is a professional certification conferred to an individual by the Board of Certified Financial Planner of Standards. CFP certificates have to go through a rigorous assessment and training coupled with...

Control Systems or Internal Controls – Explained

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

What are Internal Controls?Internal control system refers to the processes set by the management of an entity to control and ensure the effective operation of the organization. The system is instituted and managed by the company`s management, the board of trustees,...

Conversion Rate Optimization – Explained

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

Update Table of Contents What is Conversion Rate Optimization?How does Conversion Rate Optimization Work?Statistical significance Methodology Academic Research on Conversion Rate Optimization What is Conversion Rate Optimization?Conversion rate optimization (CRO) is...

Intermarket Surveillance Group – Explained

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

What is an Intermarket Surveillance Group?The Intermarket Surveillance Group (ISG) serves to disperse information to regulators and security exchanges in various states and countries. It comprises over fifty organizations from various parts of the world. This group...

Millenials (Generation Y) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

What are Millenials? Generation Y, also referred to as Millennials, are persons born in the United States within the 20 years running from the year 1980 to early 2000.What is Generation Y?Preceding generations to millennials, that is persons born within the 20 years...

Guaranteed Interest Certificate – Explained

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

What is a Guaranteed Interest Certificate?A guaranteed investment (interest) certificate is a low-risk type of investment with an assured interest rate. These types of deposits are often issued by banks and trust companies in Canada. Since GICs are low-risk products,...

Going Concern Value – Explained

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

What is a Going-Concern Value?The going-concern value of a company is defined as the company’s value as an on-going business. It can be contrasted to the value of the business assets if they were sold.How does a Going-Concern Value Work?Goodwill is the...