National Customs Brokers and Freight Forwarders Association – Explained

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

What is the National Customs Brokers and Freight Forwarders Association?The National Customs Brokers and Freight Forwarders Association is an international trade advocacy organization in the United States that aims to educate their members regarding legislative and...

Naked Debenture – Explained

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

What is a Naked Debenture?A debenture is a debt instrument issued by corporations and governments to raise funds. In the United States, a debenture that is not secured by any specific asset is called a naked debenture or uncovered debenture.How Does a Naked Debenture...

NAB Business Confidence Index – Explained

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

What is the NAB Business Confidence Index?The NAB Business Confidence Index is an index published by the National Australia Bank used for assessing the strength of business in Australia. The index provides an overall picture of the Australian economy. The NAB Business...

Normalized Financial Statements – Explained

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

What are Normalized Financial Statements?The non-recurring expenses and revenues of a company are adjusted to get a real picture of the company’s financial performance. This adjusted financial statement is known as the normalized financial statement. The...

Nordic Council – Explained

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

What is the Nordic Council?Nordic Council is an organization, formed in 1952 for promoting inter-parliamentary cooperation among the Nordic countries. It has 87 representatives from Denmark, Norway, Iceland, Finland, Sweden, the Faroe Islands, and Greenland. The...

Non-Governmental Organizations (NGO) – Explained

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

What are Non-governmental Organizations (NGO)?Non-governmental Organizations, commonly known as NGOs, are non-profit groups formed by citizens to support social or political causes. They may be organized locally, nationally or internationally. The non-governmental...

Net Promoter Score – Explained

by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing

What is a Net Promoter Score?The Net Promoter Score is a management tool to measure customer satisfaction and customer loyalty. It measures how likely the customers of a company are to recommend the product or service of the company to a friend or colleague. The Net...

Net Cash Flow – Explained

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

What is Net Cash Flow?Net Cash flow is the difference between the cash inflow and cash outflow of a company in a given period of time. It is useful for measuring the short-term financial viability of a business. If a company continues to maintain the positive net cash...

Network Externalities – Explained

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

What are Network Externalities?Network externalities is an economics concept that describes the circumstances where the value of a product or service changes as the number of users increases or decreases. According to the traditional economic theory, as the supply of...

Native Advertising – Explained

by TheBusinessProfessor | Feb 23, 2025 | Advertising

What is Native Advertising?Native Advertising is a type of advertising that is not distinct from the other contents on the platform. Native advertising promotes a product or service, but the promotional message is crafted in a way that it blends with the main content....