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

Merchant Banking Services: Credit Syndication

Credit syndication also known as credit procurement and project finance services. The main task involved in credit syndication is to raise to rupee and foreign currency loans with the banks and financial institutions both in India and abroad. It also arranges the bridge finance and the resources for cost escalations or cost Overruns. Broadly, the credit syndications include the following acts; Estimating the total costs. Drawing a financing plan for the total project cost-conforming to the requirements of the promoters and their collaborators. Financial institutions and banks, government agencies and underwriters. Preparing loan application for financial assistance from term lenders/financial institutions/banks and monitoring their progress including the pre-sanction negotiations. Selecting the institutions and banks for participation in financing. Follow-up of the term loan application with the financial institutions and banks and obtaining the satisfaction for their respective share of participation. Arranging bridge finance. Assisting in completion of formalities for drawl Continue reading

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Corporate Environmental Reporting

Corporate Environmental Reporting can be defined as a catch-all term that describes the various means by which companies disclose information on their environmental activities. It is important to distinguish between the terms environmental reporting and corporate environmental reports (CERs). Corporate Environmental Reports (CERs) are only one form of environmental reporting defined as publicly available, stand-alone reports issued voluntarily by companies on their environmental activities. Environmental reports can be considered a sort of small world where many crucial points in the relationship between a company and its stakeholders meet together. There can be said to be three categories of environmental disclosures: Involuntary disclosure – the disclosure of information about a company’s environmental activities without its permission and against its will. Examples of involuntary disclosures are environmental campaigns, press and media exposes and court investigations. Mandatory disclosure – the disclosure of information about a company’s environmental activities that is required by law. Continue reading

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Sales Budget Preparation

Sales Budget is a forecast of total sales expressed and incorporated in quantities and/or money. An accurate sales budget is the key to the entire budgeting in some way. If  the sales  budget is sloppily done then the rest of the budgeting process is largely a waste of time. A sales budget may be prepared by expressing turnover under any one or combination of the following: Product or product group; Territories, areas and countries; Types of customers, e.g., National, Government, export, home, wholesale or retail; Salesmen, agents or representatives, and Period, such as quarter’s months, weeks, etc. A sales budget may be prepared with the help of any one or more of the following method: Analysis of past sales with-adjustment for current conditions. Analysis of past sales for a number of years, say 5 to 10 years, viz, long-term trend, seasonal trend, cyclical and sundry other factor. The long-term trend Continue reading

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Stress – Causes, Challenges and Prevention Measures

Stress is a natural reaction generated within the body of a person to tackle a particular situation or event with focus, toughness and strength. The stress allows people to find out the unknown and hidden areas within them to face a situation. The stress mainly happens in two steps. One is the external stimulus referred to as the stressor that arises in an environment and the second is the response generated by the body to tackle that particular external stimulus. Stress could be basically categorised into different types. Eustress is the term that was coined to explain positive gains due to stress whereas distress is the stress that causes painfulness and negative fall backs. Hyper stress is the overreaction of a body due to the difficulties of worry or trauma and hypo stress is the under reaction or instability of a body due to an external circumstance. Chronic stress on Continue reading

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The Other Side of Entrepreneurship

People who have opposite opinions against entrepreneurship point out ten potential risks. First is management mistake that is the primary cause of business failure. Sometimes the owner of a small business lacks the leadership ability, sound judgment, and knowledge necessary to make the business work. Second is lack of business experience which indicates that most entrepreneurs tend to be beginners to be easy to make management mistakes in their own businesses. Third one is poor financial control. Effective managers realize that any successful business venture requires proper financial control. Business success also requires having a sufficient amount of capital on hand at start-up. Under-capitalization is a common cause of business failure because companies run out of capital before they are able to generate positive cash flow. Entrepreneurs tend to be overly optimistic and often misjudge the financial requirements of going into business. Fourth one is weak marketing efforts that means Continue reading

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Disequilibrium in Balance of Payments

We have noted above that the balance of payments is always in balances from accounting point of view. Besides, in the accounting procedure, a deficit in the current account is offset by a surplus in capital account resulting from either borrowing from abroad or running down the gold and foreign exchange reserves.  Similarly, a surplus in the current account is offset by a corresponding deficit in capital account resulting from loans and bills to debtor country or by  decline  of  its gold and foreign exchange reserves. However, disequilibrium in the balance of payments does arise because total receipts during the reference period need not be necessarily equal to the total payments. When total receipts do not match with total payment of the accounting period, this is a position of disequilibrium in the balance of payments. The final balance of payments position is obtained in the manner described below. For assessing Continue reading

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