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

Data Ethics – Meaning, Risks and Mitigation

In the world of today, there is a rising increase in the amount of data being collected each day. This data is further being divulged across several environments, sectors, and industries. In most scenarios, the process of collecting data is really not a big deal but the ability and technicality of managing the large amount of data collected become an unending struggle. The struggle to effectively manage the exploding volume of data has led to increased prominence in the ethical use of data.  For this reason and more, it has caused the establishment of policies to ensure there is a check and balance as to how data is being shared with the sole purpose of protecting the integrity of people who own this information. In addition, people or organizations who are charged with the role of gathering, distributing, and using this data keep exploring the ethics of their practices and, Continue reading

Abey Francis

Case Study of Cisco: Transformation of Entire Supply Chain into an Extended Enterprise System

Cisco Systems of San Jose, California, is a company that develops networking devices such as switches, routers, network management software, and dial- up access servers. By the mid 1990s, realizing that growth depended on our ability to scale manufacturing, distribution and other supply chain processes quickly, Cisco managers decided to reinvent its business model and turn itself into a Web-enabled company. An ‘ecosystem’ which in fact transformed the entire supply chain into an extended enterprise system based on internet technology was created in order to links customers, prospects, partners, suppliers and employees in a multi-party, multi-location electronic network. E-Business can be defined as all electronically mediated information exchanges, both within an organisation and with external stakeholders supporting the range of business processes. It links internal employees with external customers, suppliers through technology like Internet, intranets, and extranets.  E-commerce, conceived as a subset of e-business, can be categorized as buy-side e-commerce Continue reading

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The Role of Business Research

Research is a systematic search for information in order to obtain a clear picture concerning the underlying problem. Technically speaking, research is a process of identifying problem thoroughly, establishing an objective, collecting and analyzing the relevant data in order to determine the possible factors causing the problem. Thus, research activities are consistent search for information with the objective to get a clearer picture concerning the problem and to propose specific recommendation for the solution. Role of Research in Business Making the right decision is an ideal practice in any business whenever the organization encounters a problem. A good organization primarily conducts research to resolve the critical problems surrounding their business such as competition, customer satisfaction, product innovation, customer complaints, and new government policies affecting the industry. Decision making process requires systematic and organized efforts to investigate a specific problem in a business setting. The first step in understanding the problem Continue reading

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Case Study on Business Ethics: Madoff Investment Scandal

Bernard “Bernie” Lawrence Madoff is an American investment adviser and stock broker who operated Madoff Investments in an unethically acceptable manner. He used the company as a front to commit a Ponzi scheme which fleeced investors of over $65 billion. This has been regarded as the largest Ponzi scheme ever. Madoff grew up in a humble background and he established the Madoff Investments Company with support from the father in law. A few friends and family members also supported Madoff with the operations and growth of the business. Madoff used the returns from investment to support several charitable and political causes which his firm believed in. However, in 1999, there was concern that the profits made by Madoff Investments surpassed the normal profits expected from a firm in such a venture. Markopolos, an expert in investments informed the exchange commission that it was not possible to achieve the level of Continue reading

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Investment Center Performance Evaluation

Investment centers are decentralized divisions or sub-units for which   the manager has maximum discretion in determining not only short-term operating decision on product mix, pricing and production methods, but also level and type of investment. An investment center extends the profit center concept in that the measured profit is related to the center investment. It may be described as a special form of profit center since a profitability measure is being developed for the center. The concept relating profits to assets employed has an intuitive appeal for it for indicates whether the return for the capital invested in the division and it is important that an evaluation be made the overall company are earning on in elaborate systems for authorizing capital investment center performance can be the aggregation of past and present capital projects each project individually. Such a measurement also provides an incentive for division managers to monitor Continue reading

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Tips to Organize an Effective Meeting in a Business

What is a Meeting? A meeting is a gathering of people to present or exchange information, plan joint activities, make decisions, or carry out actions already agreed upon. Almost every group activity or project requires a meeting, or meetings, of some sort. In business organizations, different meetings of executives and employees are held to discuss and debate upon certain matters for taking collective decisions. At these business meetings different proposals are discussed in the light of their pros and cons, and consensus is reached through interaction and influence among various persons. In business, meeting is any focused conversation that has a specific purpose, like taking decision of share capital, issue of dividends, issue of bonus shares, etc. Purpose of Business Meetings Meetings play vital roles in business management. It is also dynamic tools for communication. In modern world, meetings are conducted in almost every organization. It may be held for Continue reading

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