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

Case Study of Walmart: Business Model Innovation for Sustainability

A business model is a plan or strategy that a company uses to attain its goals and objectives. The goals and objectives of an organization relates to the identification of the targeted customer base, identifying the sources of funds and the various areas for revenues. The goals for most companies are to maximize the profit and to make sure that the company expands and grows in the process. A business model is an abstract depiction of a company. It integrates the various processes of a company and highlights the various strategies and approaches taken by a company to achieve its objectives and goals in the process. A business model is developed by aligning the goals of an organization with the structure of an organization. There are various types of business models. Some of them are, “Bricks and clicks model”, “collective business models”, Direct sales model” etc. These are some of Continue reading

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Export Credit – Definition and Types

Credit is an essential requirement for any kind of business. So is the case with exporting also. The various sources available have to be explored by the exporter in order to  fulfill  the financial requirements of export business. We can define export credit as “the credits required by the exporters for financing their export transactions from the time of getting an export order to the time of the full  realization  of the payment from the importers.” From the time of an export order is received and confirmed, the exporter needs finance (export credit) at pre-shipment stage and also at post-shipment stage. Finance is required at pre-shipment stage for the following purposes: To purchase raw materials and other inputs to manufacture goods. To assemble the goods in the case of merchant exporters. To store the goods in suitable warehouses till the goods are shipped. To pay for packing, marking and  labeling Continue reading

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Accounting Concepts Used for the Preparation of Financial Statements

Basic accounting concepts used for the preparation of financial statements are: Money measurement concept – Accounting normally deals with only those items that are capable of being expressed in monetary terms. Money has the advantage that it is a useful common denominator with which to express the wide variety of recourses held by a business. However, not all such resources are capable of being measured in monetary terms and so will be excluded from a balance sheet. The money measurement concept, thus, limits the scope of accounting reports. Historic cost concept – Assets are shown on the balance at a value that is based on their historic cost (that is, acquisition cost). This method of measuring asset value has been adopted by accountants in preference to methods based on some form of current value. Many commentators find this particular convection difficult to support as outdated historic cost are unlikely to Continue reading

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Coping with Stress at Work place

With the rapid advancement of technology, the stresses faced at work have also increased. Many people dread going to work, hence the term “Monday Blues”. What is the reason for this? There is partly the fear from being retrenched in bad times, leading to greater job insecurity on the part of those who remain. Undoubtedly, occupational stress is one of the most commonly cited stressors faced by people all over the world. Stress refers to the pressure and reactions to our environment which results in psychological and physical reactions. Whilst some stress is good for motivation and increasing efficiency, too much stress can result in negative impacts such as reduced effectiveness and efficiency. More and more people are feeling isolated and disrespected at work, and this has led to greater occupational stress. Many companies have taken to consulting experts and professionals on ways to increase connectedness and motivation of their Continue reading

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ADRM Model of Human Resource Management

The employees of any organization are main characters play a vital role in the achieving the successive goals of any organization. In this regards, it is quite essential that the personnel should be provided with the secure environment as well as the satisfaction about their job while they serve an organization. An employee who feels secure better concentrates on his job and responsibility which in return cause the quality conclusion for any organization. It is recommended that the organizations must concentrate on facilitating the best job opportunities and security to their employees focusing that how much they are important for the organization and their hard work and performance influence the organizational process, its outcomes and success. The Human Resource Management department of an organization is basically responsible for the well being of employees. It also plays a vital role in the progress, development and success of the organization by focusing Continue reading

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Email Security Best Practices to Keep Your Business Safe

The most pervasive means of communication today for businesses and private citizens, Electronic mail or Email, was not designed with security in mind. Today, Email application is built into almost all smart devices from phones to computers to gaming and sensor devices. however, the Email message that this device send and receive is transmitted in plain text format in almost all cases. with ever-increasing cybercrime, sending plain text message that can potentially contain sensitive data is a risky undertaking. This weakness in security in Email systems, has made Email the primary attack vector for criminals. Cybercriminals use Email as simplest and cheapest method to ship their malicious payload to targets. The three core principles when it comes to information security, Confidentiality, Integrity and Availability (CIA) holds true in Email security as well. However, there is one other principle to consider in Email security, Non-repudiation meaning that the sender of the Continue reading

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