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

Organizational Culture – Development and Importance

Management Principles

Five Important Organizational Cultural Models

Management Principles

Job Analysis and Human Resource Planning

Within the  Human Resource Planning process, matching the demand and supply of labor informs decision-makers about potential trends and changes in labor requirements, and also provides information about the best labor mix. Job analysis refines and complements this information to determine exactly what each job involves and who is required before specific staffing decisions can be made. Broadly speaking, job analysis refers to the process of getting detailed information about jobs. Organizational conditions often change in response to new technology and machinery, as well as legislative and market requirements. Job analysis therefore becomes important in interpreting what the job currently involves. Having identified the objective of the job analysis, the HRM analyst must determine the type of information that needs to be collected, the source of the information, the method of data collection and how the data will be analyzed. The type of information that is collected is usually associated Continue reading

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Database Security Threats and Countermeasures

Information is very critical asset. Organizations create so much information and they use database systems to handle the information within them to automate various functions. Due to information importance, information protection is a critical component of the database management system. Information security is the goal of a database management system (DBMS), also called database security. To be able to manage a huge amount of data effectively and fast, a well organized system is needed to build. It will also need to store and retrieve data easily. Generally, a database system is designed to be used by many users simultaneously for the specific collections of data. Databases are classified based on their types of collections, such as images, numeric, bibliographic or full-text. Digitized databases are created by using management system to make, store, maintain or search the data. Oracle, MS SQL and Sybase servers are mostly used in companies, agencies and Continue reading

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Gold Backed Currency System

If the monetary authority holds sufficient gold to convert all circulating money, then this is  known as a 100% reserve gold standard, or a full gold standard. Some believe there is no  other form of gold standard, since on any “partial” gold standard the value of circulating  representative paper in a free economy will always reflect the faith that the market has in that  note being redeemable for gold. Others, such as some modern advocates of supply-side  economics contest that so long as gold is the accepted unit of account then it is a true gold  standard.  In an internal gold-standard system, gold coins circulate as legal tender or paper money is  freely convertible into gold at a fixed price. In an international gold-standard system, which may exist in the absence of any internal gold  standard, gold or a currency that is convertible into gold at a fixed price is Continue reading

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Case Study: Google’s Acquisition of Motorola Mobility

Motorola mobility, which was previously known as the mobile devices division of Motorola, until January 2011 when it was separated. The company produces smart phones, set top boxes, end to end video solutions and cable modems. As soon as automobiles were becoming popular, Motorola helped with entertaining the passengers, as it introduced the world’s first commercial portable cell phone. On the other Hand, Google a privately held company, founded by Larry page and Sergey Brin, two Phd students at the university of Stanford, it has been focused on technology innovations to help its users find the information with unprecedented levels of ease, accuracy and relevancy. Google primarily concentrated on the areas of search, advertising, operating systems and platforms, enterprise and hardware products. These programs include AdWords, AdSense, Google Display and Google Mobile, with Android and Google Chrome serve as its operating system and platforms. Google generate revenues primarily through delivering Continue reading

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Blue Ocean Strategy – Shift from Red Oceans to Blue Oceans

“Blue Ocean Strategy” by W. Chan Kim and Renee Mauborgne is a strategy that challenges companies to distance itself away from fierce competition by establishing uncontested market space that makes existing competition irrelevant. One of the reasons why the authors have used the colors red and blue is to describe the market. Red ocean is the market space where industry boundaries are defined and known. The red ocean contains a massive conflict between companies where they are constantly trying to outperform each other to achieve a greater share or demand. When market spaces become crowded with competitors, companies try out perform each other and profits and growth is greatly reduced due to cutthroat style competition which turns the red ocean bloody. In contrast, blue oceans is the unknown market space where it is unaffected by competition and demand is created rather than fought for. In blue oceans, competition is not Continue reading

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Case Study on Business Strategies: Kodak’s Transition to Digital

Kodak is one of the oldest companies on the photography market, established more than 100 years ago. This was the iconic, American organization, always on the position of the leader. Its cameras and films have become know all over the world for its innovations. Kodak’s strength was it brand — one of the most recognizable and resources, that enabled creating new technologies. Since the formation of Kodak, the company has remained the world’s leading film provider with virtually no competitors. That is until the arrival of Fuji Photo Film, which now surpasses Kodak in earnings per share and is viewed as the industries number two. It is evident that there has been a significant shift from the use of traditional film cameras to a market fully fledged and saturated with modern and updated digital cameras and digital photographic tools. However over the time, the situation started to change for Kodak, Continue reading

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