What are Negotiation Tactics? Negotiation is a dialogue between two or more people with the aim of reaching a consensus over an issue or issues where conflict exists. Good negotiation tactics are important for negotiating parties to know in order for their side to win or to create a win-win situation for both parties. The…
What is Notional Value? Notional value (also known as notional amount or notional principal amount) is the face value on which the calculations of payments on a financial instrument (e.g., swap) are determined. In other words, the notional amount indicates how much money is controlled by a position on a particular financial instrument. …
What is a Box Spread? A box spread is an options trading strategy that combines a bear put and a bull call spread. In order for the spread to be effective: The expiration dates and strike prices for each spread must be the same The spreads are significantly undervalued in terms of their expiration dates…
What are Office Politics? Office politics exist in virtually all organizations. They are the activities performed by individuals to improve their status and advance their personal agenda – sometimes at the expense of others. These self-serving actions are informal or unofficial and could be the reason why politics in the workplace comes with a negative…
What are Interpersonal Skills? Interpersonal skills are the skills required to effectively communicate, interact, and work with individuals and groups. Those with good interpersonal skills are strong verbal and non-verbal communicators and are often considered to be “good with people”. Whether they’re used in your career or personal life, these skills are important for success….
What is the RRR Adjusted for Inflation? The required rate of return (RRR) adjusted for inflation is the required rate of return after considering the effects of inflation. Recall that the required rate of return (also known as hurdle rate) is the minimum return that an investor is willing to accept for an investment. What…
What is the Best Font for a Resume? As a vital visual aspect of a resume, the chosen font plays an important role in landing an individual’s much-coveted job. The best font for a resume is one that is easily legible and pleasant for the reader to view. They can be determined by certain characteristics,…
What is a Resume Template? Free resume templates are especially helpful in creating the best and most effective resumes. Using templates is important because a resume is the first step in selling oneself to a prospective employer, and a nicely formatted one can definitely yield superior job application results. Resume templates provide a format that…
What is the Hawthorne Effect? The Hawthorne Effect is used to describe a change in the behavior of an individual that results from their awareness of being observed. The effect suggests that workers tend to change their behavior at work in response to the attention they receive from their supervisor. The Hawthorne Effect derives its…
