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

An Introduction to Hedge Funds

What are Hedge Funds? A hedge fund is a type of private placement investment that is managed by investment management firms and is made up of sophisticated or institutional investors. The fundamental reason why various individuals participate in hedge funds is to protect themselves from losses in other assets. Managers of investment pools employ a variety of tactics, including leverage and esoteric asset trading, in an attempt to outperform the markets in terms of returns. Hedge funds invest in portfolios built with high risk management strategies in order to produce large returns even in the worst-case scenarios. Hedge funds displays multiple characteristics which are discussed below: Hedge funds are financial instruments which requires investment of large amount of capital and thus is not available to general public just as mutual funds are. Hedge funds are not regulated like mutual funds are which makes them highly risky asset acting as the Continue reading

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Relationship Between Finance and Accounting

Finance can be defined as the art and science of managing money. Virtually all individuals and organization earn or raise money and spend or invest money. Finance is concerned with the process, institutions, markets and instruments involved in the transfer of money among and between individuals, business and governments. Finance, in another word, can be defined as the management of the flows of money through an organization, whether it be a corporation, school, bank, or government agency. Finance concerns itself with the actual flows of money as well as any claims against money. Finance is regarded as the life-blood of the business unit. This  function involves planning, procurement and effective utilization of the funds of the business. Accounting is the methodical or precise recording, reporting, and assessment of financial deals and transactions of a business. Accounting also involves the preparation of statements or declarations concerning assets, liabilities, and outcomes of Continue reading

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Managers and Selection of Proper Forecasting Technique

The increasing complexities of the business environment together with the changing demands and expectations, implies that every organization needs to know the future values of their key decision variables. In virtually every decision they make, executives today consider some kind of forecast. In any organization, managers play a significant role in implementing Forecasting techniques. Forecasting takes the historical data and project them into the future to predict the occurrence of uncertain events. Forecasting serves as a self-assessment tool for the company. To handle the increasing variety and complexity of managerial forecasting problems, many forecasting techniques have been developed in recent years. Each has its special use, and care must be taken to select the correct technique for a particular application. The manager as the forecaster has a role to play in technique selection; and the better he understands the range of forecasting possibilities, the more likely it is that a Continue reading

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11 Types of Information Systems Used in Business

Conceptually, information systems in the real world can be classified in several different ways. For example, several types of information systems can be classified conceptually as either operations or management information systems. 1. Operations Support Systems Information systems have always been needed to process data generated by, and used in, business operations. Such operations support systems produce a variety of information products for internal and external use. However, they do not emphasize producing the specific information products that can best be sued by managers. Further processing by management information systems is usually required. The role of a business firm’s operations support systems is to efficiently process business transactions, control industrial processes, support enterprise communications and collaboration, and update corporate databases. 1. 1. Transaction Processing Systems Operations support systems include the major category of transaction processing systems (TPS). Transaction processing systems record and process data resulting from business transactions. Typically examples Continue reading

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How To Assess the Financial Health of a Company

To check the financial health of a business, you need to evaluate its financial performance, liquidity, solvency, profitability, and other key financial indicators. Below are some of the key areas to focus on when assessing the financial health of your business. Financial Statements The first step in evaluating the financial health of your business is to review your financial statements. The financial statements include the balance sheet, income statement, and cash flow statement. These statements provide a summary of your business’s financial activity and performance over a specific period. Balance Sheet: The balance sheet provides an overview of your business’s financial position at a specific point in time. It lists your assets, liabilities, and equity. You can use the balance sheet to evaluate your business’s liquidity and solvency. Income Statement: The income statement shows your business’s revenue, expenses, and net income over a specific period. You can use the income Continue reading

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Selection interviews and it’s types

Interviewing is really an effective but highly complicated tool of selection. The process of interviewing is an oral examination with all its variations. The written examinations cannot trace the personal qualities, behavior, habits and character traits of the candidate. So in order to find out a suitable candidate, the interviewer has to seek more information about the candidate through interview techniques. Also, the other objective is to impart complete and accurate information about the job and its terms and conditions. The employment interview is usually observed in terms of its long-range effects on the employer, employee and the organization. The major source of information regarding the personality and background of the applicant is the observation of the candidate’s non-verbal reactions and his general behavior during the interview. The information sources of secondary importance would be to get all the essential information about the applicant’s performance and competence from his previous Continue reading

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