Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Kaizen – Understanding the Japanese Business Philosophy of Continuous Improvement

Operations Management

Role of Leaders in Shaping Organizational Culture

Management Principles

Employee Value Proposition (EVP) – Definition and Importance

Employee value proposition (EVP), is the assessment of the relationship between employer and employee. This entails what an employee gets from his or her employer as a reward for work done. The measurement of this relationship defines the position of the company among its competitors. For instance, if employees feel that they receive an equal reward or even more rewards than their work, this implies satisfied employees. Mostly, such companies do not have regular employee turnover, as every employee feels comfortable. The employee value proposition entails a clear description of the real needs and clarification of the job expectations. Both the employer and the employee should be made aware of what to expect from one another. In most cases, the Employee value proposition (EVP) is defined by the employer by defining the unique qualities of the job in question, which would make it most attractive to a competent candidate. Another Continue reading

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Relationship Between Verbal and Non-Verbal Communication

The communication process made of  a message being sent and perceived by the others. The message may be verbal or non-verbal. Communication means talking, making friends, interacting with people, having relationships either private life relationships or work related. Communicating with others is essential in leading a normal life. We all communicate in our own way but we need to learn how to do it effectively. Communication has two types, there is verbal communication and non-verbal communication. The verbal is includes oral communication mean that through words and writing. Verbal communication is divided into written and oral communication. The oral communication refers to speaking words in the communication process. Oral communication can be face-to-face communication or a conversation over the phone or on the Messenger chat over the Internet. Spoken conversations or dialogues are affecting by voice modulation, volume and even the speed and clarity of speaking. The Another type of Continue reading

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5 Different Types of Budgets in Business

Budgets are integral parts of planning for business and attaining its perceived objectives. Accordingly business activities involving future planning use the budgetary control process. Different types of budgets to serve business purposes are in vogue, but uses of some budgets that are invariably used by businesses are taken up in detailed manner in this write up. 1. Sales Budget Sales budget is an estimate of expected sales revenue for ensuing financial period. Estimates of sales are budgeted on the basis of variety of factors like earlier period sales, production capacities, existing and expected sales environments, economic factors like trade policies of the Governments, seasonal fluctuations, entity’s capacity to create new markets, financing, advertisements and other marketing plans, and many other factors. The cornerstone of budgeting process is the sales budget because the usefulness of entire operating budget depends on it. Some important uses of sales budget are enumerated as under: Continue reading

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International Equity Investments – Euro Equities

International equities or the Euro equities do not represent debt, nor do they represent  foreign direct investment. They are comparatively a new financial instruments representing foreign  portfolio equity investment. In this case, the investor gets the dividend and not the interest as  in case of debt instruments. On the other hand, it does not have the same pattern of voting  right that it does have in the case of foreign direct investment. In fact, international equities  are a compromise between the debt and the foreign direct investment. They are the  instruments that are presently on the preference list of the investors as well as the issuers. Benefits to Issuer/ Investor The issuers issue international equities under certain conditions and with certain  objectives. First, when the domestic capital market is already flooded with its shares, the  issuing company does not like toad further stress to the domestic stock of shares since Continue reading

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Concept of Systems Analysis in Business

Systems analysis has a broad definition depending on where it is being applied. Systems analysis can be defined as the procedure which entails breaking down into smaller ones for purposes of understanding and expedited execution. The whole part of a component can be the system in this case. Systems analysis in business language can be defined as a systematic inquiry conducted to assist someone or organization in identifying the best approach towards solving a problem which they ought not to have made on their individual capacity. It also involves specific way of performing a task and shedding more light through a systematic approach in a study of interacting entities. Several elements are studied to bring overall analysis of the whole subject. Systems analysis is used in most all fields where activities involved in developing new ideas are involved. Through this analysis, the effective and efficiency of a system can be Continue reading

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Basic Economic Tools in Managerial Economics for Decision Making

Business decision making is essentially a process of selecting the best out of alternative opportunities open to the firm. The steps below put managers analytical ability to test and determine the appropriateness and validity of decisions in the modern business world. Following are the various steps in decision making process: Establish objectives Specify the decision problem Identify the alternatives Evaluate alternatives Select the best alternatives Implement the decision Monitor the performance Modern business conditions are changing so fast and becoming so competitive and complex that personal business sense, intuition and experience alone are not sufficient to make appropriate business decisions. It is in this area of decision making that economic theories and tools of economic analysis contribute a great deal. Basic Economic Tools in Managerial Economics for Decision Making Economic theory offers a variety of concepts and analytical tools which can be of considerable assistance to the managers in his Continue reading

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