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

Factors Contributing to the Growth of Derivatives

Factors contributing to the explosive growth of derivatives are price volatility, globalization of the markets, technological developments and advances in the financial theories. 1. Price Volatility A price is what one pays to acquire or use something of value. The objects having value maybe commodities, local currency or foreign currencies.   The concept of price is clear to almost everybody when we discuss commodities. There is a price to be paid for the purchase of food grain, oil, petrol, metal, etc. the price one pays for use of a unit of another persons money is called interest rate. And the price one pays in one’s own currency for a unit of another currency is called as an exchange rate. Prices are generally determined by market forces. In a market, consumers have ‘demand’ and producers or suppliers have ‘supply’, and the collective interaction of demand and supply in the market determines Continue reading

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Reward System – Meaning, Objectives and Requirements

Reward is an objective way to describe the positive value an individual ascribes to an object, behavioral act or an internal physical state. Primary rewards include those that are necessary for the survival of species, such as food and successful aggression. Secondary rewards can be derived from primary rewards. Money is a common type of reward. Most of the times, organization rewards its staffs by pay increment or higher bonus. Money is the most direct and easiest way to reward the staff and create a sense of satisfaction. Nowadays, companies are making many modifications on their rewards system to adopt internal and external changes. Reward system is used as a critical tool for driving business growth and boosting staff morale. It is important to align the right measures and reward systems with firm’s structure and culture. However, the reward system is not emphasized when the operational system is designed. Finical Continue reading

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Risk management system at NSE

A sound risk management system is integral to an efficient clearing and settlement system. NSE introduced for the first time in India, risk containment measures that were common internationally but were absent from the Indian securities markets. NSCCL (National Securities Clearing Corporation Ltd.) has put in place a comprehensive risk management system, which is constantly upgraded to pre-empt market failures. It ensures that trading member obligations are commensurate with their networth. Risk containment measures include capital adequacy requirements of members, monitoring of member performance and track record, stringent margin requirements, position limits based on capital, on-line monitoring of member positions and automatic disablement from trading when limits are breached, etc. Daily margins payable by members consists of (1) Value at Risk Margin, (2) Extreme Loss Margin, and (3) Mark to Market Margin. Mark-to-Market Margin : Mark to market loss is calculated by marking each transaction in security to the closing Continue reading

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Case Study: Lifecycle of Video Game Consoles

The rise of personal computers in the mid 1980’s spurred interest in  computer games. This caused a crash in home Video game market.  Interest in Video games was rekindled when a number of different  companies developed hardware consoles that provided graphics  superior to the capabilities of computer games. By 1990, the  Nintendo Entertainment System dominated the product category.  Sega surpassed Nintendo when it introduced its Genesis System.  By 1993, Sega commanded almost 60 per cent of Video game  market and was one of the most  recognized  brand names among  the children. Sega’s success was short lived. In 1995, Saturn (a division of General  Motors) launched a new 32-bit system. The product was a miserable failure  for a number of reasons. Sega was the primary software developer for  Saturn and it did not support efforts by outside game developers to design  compatible games. In addition, Sega’s games were often delivered quite Continue reading

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Functions of Debt Recovery Agents

The core function of a debt recovery agent is to collect dues/receivables from specified debtors of the bank as per agency agreement entered with the principal.   Remitting the collected funds to principal, keeping account of the receivables collected and yet to be collected and reporting the position and developments to the principal are essential but ancillary to the core function.   All these functions will be specified in most agency agreement and would require to be accordingly discharged by the debt recovery agent. Apart from the easily collectible receivables, most banks have on their books over due receivables from debtors who are not traceable, or who show unwillingness pay or who resist surrendering the security charged.   In such cases, the recovery process is difficult and requires handling by specialized collection agencies to process the required expertise.   The functions of re-processing the security, initial legal action and tracing Continue reading

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Case Study: Qantas Crisis

The Qantas group aviation industry was established in 1920 in Queensland outback of Australia. It also known in another name is Queensland and Northern Territory Aerial Services Limited. Red Kangaroo is the logo of the firm, Qantas group are well known its own two brand airlines such as Qantas brand and Jetstar Brand. The headquarters of the company are located in Mascot, Sydney, Australia with a vision of “World Best Premium and Low Fare Airlines.” By the end of June 2011, Qantas was flying to 208 destinations in 46 countries, operating more than 5,700 flights a week across all its brands domestically and more than 970 international flights. It moved 44.5 million passengers. The crisis which faced Qantas during 2011, is said have commenced in 1990 when the airline industry started going through a deregulation by the Australian government. During 1993 Qantas and Australian Airlines were merged and Qantas partly Continue reading

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