The Business Professor
Innovation Management
What is Innovation Management? Innovation management is a combination of the management of innovation processes, and change management. It refers to product, business process, marketing and organizational innovation.
The Business Professor
Implement Activity-Based Costing
There are numerous steps in the process for implementing an activity-based costing system. This video explains the process for implementing activity based costing.
The Business Professor
Group vs Team
What is a Group? What is a Team? What is the difference between a group and a team? A group is a collection of individuals who coordinate their efforts, while a team is a group of people who share a common goal. While similar, the two...
The Business Professor
Global Management
What is Global Management? Global management is a distinct set of administration, communication and management strategies tailored to the needs of an interconnected, worldwide community. This includes how organizations manage hiring,...
The Business Professor
GAP Analysis
A gap analysis is the process that companies use to compare their current performance with their desired, expected performance. This analysis is used to determine whether a company is meeting expectations and using its resources...
The Business Professor
Business Process Map and Process Model
What is the Business Process Map? How does the Business Process Map relate the Process Model? Business Process Mapping can be used to document a current process and to model a new one. Its purpose is to gain a detailed understanding of...
The Business Professor
Allocating Costs by Department
Cost allocation is the process of assigning costs within the organization to cost objects. The purpose is to determine efficiency, effectiveness, and profitability.
The Business Professor
Activity-Based Cost Management - Environmental Costs
Activity based management employs activity based costing methods. Environmental costs can be a cost object or activity driver.
The Business Professor
Activity-Based Product Costing
Activity based product costing is the use of activity costing to assign costs to the particular product being produced
The Business Professor
Activity-Based Costing & Management
Activity based costing is a useful tool for management planning and controlling. It helps with decision making, budgeting, and profit analysis.
The Business Professor
Understanding Activity Based Costing and its Relation to Cost of Quality Management
This video provides an overview of activity-based costing and its application to cost of quality management, highlighting the challenges and potential solutions in allocating costs to specific activities.
The Business Professor
Activity-Based Budgeting
Activity based budgeting is an approach to budgeting where every activity or cost driver is identified. This information is useful in reducing inefficiencies when setting a budget.
The Business Professor
Activities related to Activity-Based Costing
Activity based costing seeking to allocate costs to specific activities. There are various levels of activity in the organization - unit-based, batch based, product based, and facility based
The Business Professor
ABC Hierarchy - Limitations
Activity based costing or the ABC Hierarchy as part of the ABC method has numerous limitations.
The Business Professor
Auditing - What are Pre-engagement Activities
This video explains what are Pre-engagement Activities in audit practice.
The Business Professor
Ch1. Video 18 - Analysis:Financial Statement Example Part 2
Financial Statement Analysis Example Part 2
Curated Video
Marketing Audit
Uncover opportunities for growth with a comprehensive marketing audit in this informative video. Learn how to assess and evaluate your marketing strategies, channels, and campaigns to identify strengths, weaknesses, and areas for...
Oxford Comma
How to Write a Great Admissions Essay in the Age of AI
Standardized tests are becoming increasingly optional, many high school grades are suspiciously inflated, and all students can easily use Chat GTP for their admissions essays. How do you stand out from the crowd of applicants?...
Curated Video
The Power of Mindfulness
In this video, Kendall the koala teaches the concept of mindfulness to Jade and the audience. Kendall shares a story about a distracted child named Thomas and how mindfulness helped him become more aware of his surroundings. Through the...
Curated Video
Tips for Becoming an Independent Kid and Staying Safe
In this video, children learn about the importance of staying safe and becoming independent. They are taught how to handle situations with strangers and are encouraged to practice activities that help them become more self-reliant, such...
Wonderscape
Adaptive Tools and Accessibility
Adaptive tools are specialized equipment designed to assist individuals with disabilities in performing tasks and engaging in activities that they enjoy, such as sports, visiting parks, or going to the beach, by making these activities...
Curated Video
The Importance of Punctuality
In this video, Renee the Red Crab joins the show to clarify the misconception that crabs walk backwards. They discuss the importance of punctuality and share a story about a friend who had to be punctual for his paddle boarding classes....
Curated Video
Discovering Your Life's Mission: Exploring Possibilities and Finding Your Passion
In this video, the teacher guides children in discovering their life's mission. They explore different activities and determine which ones can become a life's mission. The teacher emphasizes the importance of trying new things and...