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The Business Professor
Personal Motivation and Career Development
This Video Explains Personal Motivation and Career Development
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Obtain a Business License
How do I Obtain a Business License? Most small businesses need a combination of licenses and permits from both federal and state agencies.
The Business Professor
Introduction to Object Costing and its Benefits
In this educational video, we delve into the concept of object costing. The video explains various types of object costing, such as output-related costing, operational objects, and business relationship costs. By understanding the costs...
The Business Professor
Negotiable Instruments - Explained
A commercial document that can be free traded between individuals is generally considered negotiable or known as a negotiable instrument. This video explains what is a negotiable instrument? What are the requirements for a commercial...
The Business Professor
Multiple Inputs in Multiple Departments
Departments incur differing levels of activity inputs or costs associated with those activities. This video proposes a method for assigning those costs to a particular department.
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Money Laundering
Money laundering is the process of illegally concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in...
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Minimum Contact Standard for Personal Jurisdiction - Long Arm Statute
Minimum Contact Standard for Personal Jurisdiction - Long Arm Statute
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Requirement for Business License
This Video Explains the Requirements for Business License
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Reasons to Use Traditional Costing
Traditional costing methods have numerous positive and negative attribtutes when compared to activity-based costing. This video explains the issues that arise when using traditional costing methods rather than activity-based costing.
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Racketeer Influenced and Corrupt Organization Act RICO
This Video Explains Racketeer Influenced and Corrupt Organization Act RICO
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Profit Planning
Profit planning includes taking a look at operations, creating interlocking budgets, and allocating resources to maximize revenue and minimize costs.
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Process for Arresting a Suspect
This Video Explains Process for Arresting a Suspect
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Standard Costing and Managerial Control
This video explains the concept of standard costing and its relevance to managerial control. This information is then used to establish a standard system for applying costs and analyzing the management of a particular project or activity.
The Business Professor
Social Loafing
What is Social Loafing? social loafing is the phenomenon of a person exerting less effort to achieve a goal when they work in a group than when working alone. It is seen as one of the main reasons groups are sometimes less productive...
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Side Hustles and the Gig Economy - Career Development
This Video Explains Side Hustles and the Gig Economy - Career Development
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Sherman Act Horizontal Restraint of Trade
Sherman Act Horizontal Restraint of Trade
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Selling and Administrative Expense Budget
The selling and administrative expense budget is a plan to set aside resouces for expenses not related to manufacturing. Often these resources are separated in distinct accounts for selling, administration, and administrative tasks
The Business Professor
Sarbanes-Oxley Act: Criminal Aspects and Accountability in Corporate Environment
This video provides an explanation of the Sarbanes-Oxley Act, also known as SOX. The video discusses how the act addresses the ethical and potentially criminal activities of managers and directors of corporations as well as the...