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

Workplace Flexibility and Work-Life Balance

In the modern highly volatile business environment, organizations go through a tough time keeping up with the market forces due to the severity of the competition they face. This makes the customer search for the best quality and value for their money. Therefore organizations formulate strategies and these strategies are then transformed into quantitative objectives and are broken down to each employee in the organization in order that they can carry out their part in it. This creates pressure in the minds of the managers and their employees. The managers persuade the employees and get the tasks done one way or the other. This increasingly demanding workplace complexity is what causes work-life balance issues. In other words, employees find it rather difficult to balance the work with their own personal lives. Is Workplace Flexibility the ‘Solution’ to Work-Life Balance Problems? In the context of human resource management, workplace flexibility refers Continue reading

Abey Francis

Computer Storage Fundementals and Devices

Data and information must be stored until needed using a variety of storage methods. There are many types of storage media and devices. Computer Storage Fundamentals Data are processed and stored in a computer system through the presence or absence of electronic or magnetic signals in the computer’s circuitry or in the media it uses. This is called a “two-state” or binary representation of data, since the computer and the media can exhibit only two possible states or conditions. For example, transistors other semiconductor circuits are either in a conducting or nonconducting state. Media such as magnetic disks and tapes indicate these two states by having magnetized spots whose magnetic fields have one of two different directions, or polarities. This binary characteristic of computer circuitry and media is what makes the binary number system the basis for representing data in computers. Thus, for electronic circuits, the conducting (ON) state represents Continue reading

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Site Selection Criteria in Retail

There is no such thing, such as a  “Perfect site” in retailing. Retailers must decide which attributes are the most important to  their business.  Let’s summarize the key criteria critical to the site selection decision in retailing. Sales potential for the site. The demographic, economic, and competition  factors and strategies by which management hopes to create a competitive  advantage determine the estimate of sales for a site. Growth potential  should be a basic consideration in the evaluation of the sales potential. Accessibility to the site. Automobile and public transportation access to  the site and adequate parking may well be defining criteria. There may be  a number of barriers to the target market seeing the site as accessible. The  barriers may be geographical, such as mountains or rivers. They may be  psychological, such as the perceived quality of the  neighbor  hoods that  customers must travel through. Barriers are often man made, Continue reading

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Reprimands in the Workplace

Reprimanding is a form of punishment which is can be used in decreasing problematic behaviors. It simply means to be scolded, yelled at, and bawled out or to be chastised verbally for exhibiting unwanted target behavior. Reprimands are useful when a person is engaging in mannerisms that call for immediate action because maybe it is harmful to others, self, or to property. Reprimands should be explicitly and selectively used in response to particular mannerisms or behaviors. They should also be inclusive of a statement of the required behavior which of course is the opposite of inappropriate behavior. For the reprimands to be effective the user must be specific. They should also come immediately, use a physical demeanor or a firm voice, back up the reprimand with some loss of privileges, and encourage the person to behave appropriately by stating the correct behaviors explicitly. In this article, we will focus on Continue reading

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Personal Selling in Industrial Marketing

Personal selling is one of the oldest forms of promotion. It involves the  use of a sales force who orally communicates about the company’s  products or services to the potential buyers with an intention to make a  sale. Personal selling is the primary demand stimulating force in the  industrial marketer’s promotional mix. Its role is very dominant in  industrial markets because of less number of potential customers  present compared to the consumer markets and the large amount of  money purchases involved. As the cost per sale through personal selling  is too high, industrial marketers have to carefully manage and integrate  personal selling into organization’s marketing mix. This will also lead to  maximize its effectiveness and efficiency. The job of personal selling  starts after determining the target segment in the organization’s market.  The sales force in most of the industrial organizations follow the  “systems selling” approach where they recognize the entire Continue reading

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Diversification of Securities in Portfolio Investments

Reduction of Risk through Diversification of Securities The process of combining securities in an investment portfolio is known as diversification. The aim of diversification of securities is to reduce total risk without sacrificing portfolio return. To understand the mechanism and power of diversification, it is necessary to consider the impact of co-variance or correlation on portfolio risk more closely. We shall examine three cases: (1) when security returns are perfectly positively correlated, (2) when security returns are perfectly negatively correlated and (3) when security returns are not correlated. Diversification means, investment of funds in more than one risky asset with the basic objective of risk reduction. The lay man can make good returns on his investment by making use of technique of diversification. Main forms of Diversification of Securities Simple Diversification, Over Diversification, Efficient Diversification. 1.  Simple Diversification It involves a random selection of portfolio construction. The common man could Continue reading

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