Buy Limit Order – Explained

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

What is a Buy Limit Order?A buy limit order refers to a security purchase order within a specified price, enabling investors to select their preferred transaction price. A buy limit order enables investors to pay the specified price or even less. Although the security...

Business Intelligence – Explained

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

What is Business Intelligence (BI)?Business intelligence is the methodological and technical infrastructure for the collection, storage, and analysis of data resulting from the company’s undertakings. Business Intelligence includes data search, process analysis,...

Brand Equity – Explained

by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing

What is Brand Equity?Brand equity is a higher value than a company produce from a product with a recognized brand name in comparison to a generic equivalent. Companies can create brand equity for their products by making them stick to minds and memorable, easily...

Book-To-Market Ratio – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is Book-to-Market Ratio?The book-to-market ratio is a ratio used to determine the value of a company by comparing its book value to its market value. The market value of a company is derived from the value (price) of its stock in the market. The book value is the...

BANT (Marketing) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is BANT (Sales)?BANT refers to a sales qualification framework that is used to determine and evaluate prospects based on authority, needs, timeline, and budget.How does BANT Work? The concept of BANT was developed by IBM to identify prospect opportunity....

Binary Option – Explained

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

What is a Binary Option?This is a financial derivative which has a fixed payout if an option expires in the money and the risk of losing all the money invested in the option if it expires out of the money. Since it is called a binary option, its success depends on a...

Bill of Lading – Explained

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

What is a Bill of Lading (B/L)?A bill of lading is a receipt that is issued when cargo is accepted for transportation. This receipt is issued to the shipper by a carrier or his agent to mark a contract for the carriage of goods. When taking delivery of the cargo at...

Belbin Team Roles – Explained

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

What are Belbin Team Roles?This is an approach used to profile people based on their personality types and identify their strengths and weaknesses as team members. This approach separates people into three classes which are subdivided further into nine individual...

Big Box Retailer – Explained

by TheBusinessProfessor | Feb 23, 2025 | Sales

What is a Big-Box Store?This is a type of retail store which occupies a large amount of physical space and offers a wide range of products to its customers. By focusing on large sales volumes, these stores manage to achieve economies of scale. They stores offer...

BRIC Countries – Explained

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

What are the BRIC Countries?  BRIC is used to define the idea that by 2050 Brazil and Russia will have become the worlds dominant suppliers of raw materials while China and India will have become dominant suppliers of manufactured goods in the world. BRIC nations,...