Five Domains of Emotional Intelligence

Several studies have demonstrated that individuals with purely high IQs possess a great range of intellectual interests and abilities, they have difficulty dealing with their own emotions and with the emotions of others. Other intangible characteristics and abilities, such as self-motivation, impulse control, the ability to regulate one’s own emotions, and empathizing with others clearly have an effect on a person’s accomplishments in life; these qualities have been collectively termed Emotional Intelligence. People with high emotional intelligence levels excel socially, are outgoing and cheerful, are rarely fearful or worried, and are sympathetic and caring in their relationships. Read More: Four Components of Emotional Intelligence Five Domains of Emotional Intelligence Emotional intelligence can be broken down into five main domains: knowing one’s emotions, managing emotions, motivating oneself, recognizing emotions in others, and handling relationships. 1. Knowing One’s Emotions – Self Awareness People deal with their emotions by either being aware of Continue reading

Leadership Characteristics – What Makes an Effective Leader

There are some specific characteristics that are found inside people who are born that seem like a developed skills and abilities which open themselves in a wise position where they look like a good leader. There are some characteristics that are found in a good leadership skill and these qualities can be a natural part of their personality and daily activities. First, confidence that must appear from a person like trustness and believing in their own abilities. And also can be said that someone empowers their working for them to make their own decisions. For example, make a decisions following on their own idea like creating something new and with some experience like a student doing their best in their final exam with a lot hopes and also the confidence comes from the parents and teacher who guides and approaches them at all the times. Second, a good character  plays Continue reading

Securities Contracts (Regulation) Rules, 1957

The Central Government has made Securities Contracts (Regulation) Rules, 1957, in the exercise of the powers conferred by section 30 of SC(R) Act., 1956 for carrying out the purposes of that Act. The powers under the SC(R)R, 1957 are exercisable by SEBI. Contracts between members of recognised stock exchange All contracts between the members of a recognised stock exchange shall be confirmed in writing and shall be enforced in accordance with the rules and bye-laws of the stock exchange of which they are members (Rule 9). Books of account and other documents to be maintained and preserved by every member of a recognised stock exchange : (1) Every member of a recognised stock exchange shall maintain and preserve the following books of account and documents for a period of five years: (a) Register of transactions (Sauda book). (b) Clients’ ledger. (c) General ledger. (d) Journals. (e) Cash book. (f) Bank Continue reading

Judo Strategy in Business

Judo Strategy, a  term coined by David Yoffie of Harvard Business School in his book ”  Judo Strategy: Turning Your Competitors’ Strength to Your Advantage”. “In the martial art of judo, a combatant uses the weight and the strength of his opponent to his own advantage rather than opposing blow directly to blow. Similarly smart companies aim to turn their opponent’s resources, strength and size against them.” Judo strategy  in business scenario effectively means avoiding direct confrontation and leveraging the strength of the opponent to create space. Judo strategy can help small companies to enter new markets and defeat stronger rivals. Through movement, flexibility, and leverage, new players can occupy uncontested ground and turn the strengths of dominant players against them. Movement: In this step one needs to maintain a low profile so that while his business is under growing stage he can avoid attacks from well established players. At Continue reading

Concept of Demand in Managerial Economics

In Economics, use of the word ‘demand’ is made to show the relationship between the prices of a commodity and the amounts of the commodity which consumers want to purchase at those price. Definition of Demand: Hibdon defines, “Demand means the various quantities of goods that would be purchased per time period at different prices in a given market.” Bober defines, “By demand we mean the various quantities of given commodity or service which consumers would buy in one market in a given period of time at various prices, or at various incomes, or at various prices of related goods.” Demand for product implies: a) desires to acquire it, b) willingness to pay for it, and c) Ability to pay for it. All three must be checked to identify and establish demand. For example : A poor man’s desires to stay in a five-star hotel room and his willingness to Continue reading

The Advantages and Disadvantages of Globalization

Globalization has become a hot-debated issue in the last ten to twenty years. Globalization is affecting the world from different perspectives, such as political perspective, economic perspective, and cultural perspective. Currently, whether globalization can bring more positive effects or negative effects to the modern world is still open to debate. Different scholars around the world hold distinctive views regarding the definition of globalization, but in this article, the following two definitions are used. Globalization refers to the creation and intensification of global linkages. In addition, globalization also refers to the compression of the world and the intensification of consciousness of the world as a whole. One of the main ideas of globalization is to break the barriers between countries. Everyone can receive information about different events happening in the world instantly. In the era of globalization, breaking barriers between countries is inevitable. Trading, foreign investments, population movements, these activities across Continue reading