Framing Up a Negotiation

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

How do parties define the issues at stake in a negotiation, known as the bargaining mix?Developing a negotiation strategy usually begins with an analysis of what is to be negotiated or the bargaining mix. Remember, a negotiation concerns situation in which the parties...

Bank of International Settlements – Explained

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

What is the Bank for International Settlements?The Bank for International Settlements (BIS), also referred to as the “central bank for central banks”, is an international financial institution that provides banking services to both local and international...

Balloon Loan – Explained

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

Update Table of Contents What is a Balloon Loan?How Does a Balloon Loan Work? What is a Balloon Loan?A balloon loan refers to a type of loan that does not have full amortization over its term. This type of loan requires that the remaining principal amount to be paid...

Balance of Trade – Explained

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

What is the Balance of Trade?The balance of trade (BOT) is the difference between the value of a nation’s imports and exports at a certain period. It is by far the most significant component of any country’s balance of payments. The BOT is used by...

Balance of Payments – Explained

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

What is the Balance of Payments?The balance of payments refers to a statement of all the transactions carried out between the entities in one country and those in the rest of the world over a specific period. How is the Balance of Payments Calculated? The BOP is used...

Backwardation – Explained

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

What is Backwardation?This relates to the price of a futures contract as it nears expiration. A futures contract usually trades at a higher price when it nears expiration than when it is further away. This is as a result of the spot price being above the futures price...

Backward Integration – Explained

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

What is Backward Integration?This is a type of vertical integration involving the merger with or purchase of suppliers up the supply chain. This type of integration is employed by firms when they expect it will improve efficiency and cost savings. Some of the...

Negotiations Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

What is negotiation?Negotiation is a process by which two or more individuals communicate with the purpose of furthering or achieving differing or conflicting perceived interests or objectives. Further, negotiation is an instance in which parties engage in the...

Bridge Financing – Explained

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

What is Bridge Financing?Bridge financing (normally a bridge loan form) is a temporary source of financing to companies and other business units to strengthen their Short-term state up to when a long term funding source works out. In most cases, Bridge financing...

Business Exit – Explained

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

What is Exiting a Business?An exit event is any method by which the business owner divests herself of her ownership interest in the firm. This section discusses various methods for the entrepreneur to the startup venture.Overview of the Decision to Close Down Your...