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

Managing an International Workforce

Whenever an organization expands its operations to other countries, it tends to become multicultural and will then face the challenge of blending various cultures together. The managerial personnel entering another nation need to adjust their leadership styles, communication patterns and other practices to fit their host country. Their role is to provide fusion of cultures in which employees from both countries adjust to the new situation seeking a greater productivity for the benefit of both the organization and the people of the country in which it operates. Read More: Human Resource  Management  from an  International  Perspective Managing Workforce  Diversity Managing International  HR Activities Selection Criteria for International Assignments Barriers to Cultural Adaptation Managers and other employees who come into a host country tend to     exhibit     different     behaviors     and     somewhat, see     situation     around them from their own Continue reading

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De jure and De facto Exchange Rate Regimes

de jure Exchange Rate Regimes The de jure exchange rate regimes can be defined as what a countries government ‘claims’ to do and in regard with the bipolar view, supports it and shows that countries are generally moving towards either corner of the bipolar view of fixed exchange rate or floating exchange rate. The de jure exchange rate regimes are important as a way of what the central bank communicates to the public as this is likely to have bearing on the outcome. By having a de jure fixed exchange rate and a de facto floating exchange rate, the breach of commitment will likely have negative consequences. On the other hand, having a de jure floating exchange rate and a de facto fixed exchange rate does not breach its commitments. de facto Exchange Rate Regimes The de facto exchange rate regime can be defined as what a countries government actually Continue reading

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Five Reasons that Contribute to Non Compliance with Tax Laws

Non compliance of tax laws  can be said to be a failure, intentional or unintentional, of taxpayers to meet their tax obligations. This lack of compliance can be as a result of different factors as indicated below: A Rising or High Tax Burden: Individuals and organizations will tend to be non compliant to tax laws when the taxes are deemed to be high as compared with the cost of living. In such a case taxpayers will tend to avoid payment of taxes so as to have a sizeable amount of money to be used in the purchase of different commodities. Lack of Knowledge on Tax Laws: This point focuses on the unintentional failure of a taxpayer to comply to tax laws. An example would be a small or medium enterprise that does not know that it is required by law for their businesses to be registered and as such pay Continue reading

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Global Market Models and Concept Analysis

Managers must be conscious that markets, supplies, investors, locations, partners, and competitors can be anywhere in the world. Successful businesses will take advantage of opportunities wherever they are and will be prepared for downfalls. Evidently, successful managers, in this environment, need to understand the similarities and differences across national boundaries, in order to utilize the opportunities and deal with the potential downfalls. In developing appropriate global strategies, managers need to take the benefits and drawbacks of globalization into account. A global strategy must be in the context of events around the globe, as well as those at home. International strategy is the continuous and comprehensive management technique designed to help companies operate and compete effectively across national boundaries. While companies’ top managers typically develop global strategies, they rely on all levels of management in order to implement these strategies successfully. The methods companies use to accomplish the goals of these Continue reading

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Job Evaluation Process

Job evaluation aims  to provide this equity and consistency by defining the relative worth of different  jobs in an organisation.  Job evaluation is a process consisting of several steps. The following are the steps in job evaluation  process: 1. Job Analysis Job evaluation process starts with the base provided by job analysis. Job  analysis identifies various dimensions of a job in two forms: job description and  job specification. Job description provides responsibilities involved in the  performance of the job while job specification provides attributes required in the  job performer. Both these taken together provide information about various  factors involved in different jobs. 2. Appointment of Committee for Job Evaluation As pointed out earlier, job evaluation is a specialized function and is  carried on by a committee consisting of members drawn from different line  departments of the organisation, outside experts, besides HR personnel. HR  person generally acts as committee convener or Continue reading

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Market Research – Definition, Classification and Process

World is changing very rapidly with every passing day. The things which people only dreamed about a few years back are appealing reality today. Companies, their functions and their operations have improved tens of times and this advancement is increasing with every passing day. Same happened with people. Their level of awareness towards products and behavior is now quite thoughtful and demanding. Today’s buyers have forced all the business to make necessary changes. They are very cautious and take a lot of time to make decisions and want everything to be quick and easy. Understanding customer satisfaction, product launches, effectiveness of pricing, product, distribution and promotion activities, countering competitors techniques, assessing market potential, and predicting consumer behavior etc. have become extremely challenging and is often a cause of the decline of an organization. To deal with such problems, organizations conduct Market Research. Market research is an evaluation system which helps Continue reading

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