Organizational Goals – Meaning and Definition

Organizational goals can be defined as broad statements of what the organization wants to achieve in the long run, or on a permanent basis. Goals are broad objectives. Goals are fairly timeless statements. Goals and objectives are properly defined. If they are vague or ill-defined, it may not be possible to measure the performance of the organization. The clarity of goals and objectives is quite often more evident to the initial employers and promoters of institutions. With expansion of activities and joining of new member, goals and objectives as perceived by participants tend to get diffused. Different key managers may have different perceptions about goals and objectives. It is because of this that organizations insist on proper induction of new entrants to the philosophy of the organization. External pressures, sometimes political in nature, may force an enterprise to alter its goals and objectives, particularly in the case of public institutions, Continue reading

Business Analysis – Role of Business Analyst in Modern Organizations

What is Business Analysis? Business Analysis can be defined as the regulation of classifying business needs and shaping results to the business problems. The solutions frequently consist of a system improvement factor, and may also include process development, directorial change or tactical scheduling and procedure development. Someone who brings out this job or task is known as a business analyst (BA). The Business Analyst who labor exclusively on increasing system software can be called Information Technology Business Analysts, Technical Business Analysts, Online Business or System Analysts. Business analysis can also be defined as the position of assignment and techniques which are used to operate as a connection among stakeholders so as to understand the constitution, rules, and operations of a society and to suggest solutions that make possible the society to accomplish its aims. Business Analysts make active business functions a reality by increasing the swiftness at which business functions Continue reading

Case Study: Google’s Competitive Advantage

The rise of Google, now a $6.1 billion company, has been fast and fierce. Founders Sergey Brin and Larry Page met in 1995 as Stanford University graduate students. They created a search engine that combined the technologies of Page’s PageRank system, which evaluates a page’s importance based on the external links to it, and Brin’s Web crawler, which visits Web sites and records a summary of their content. Because Google was so effective, it quickly became the search engine of choice for Web users. Today, Google handles nearly 50 percent of Web searches. Google stopped displaying the number of Web pages it indexed after the number surpassed 8 billion in 2005, but some estimates now place the number at 25 billion. Google’s index also includes one billion images and one billion Usenet newsgroup messages. In addition to searching for Web pages, Google users can search for PDF, PostScript, text, Microsoft Continue reading

Comparison Between Merit Based Regulation and Disclosure Based Regulation

There are two basic models of regulatory system which is the supervision framework for securities market which is a merit based regulation and disclosure based regulation. These regulation systems are important to provide adequate investor protection and regulate business practices or codes of conduct that reduce systemic risks.  Merit Based Regulation (MBR) A securities regulator is needed, which control all matters relating to securities and to take all reasonable measures to preserve the confidence of investors in the securities market by ensuring sufficient security for such investors. The securities regulator has the discretion to approve the proposals with such revisions and subject to such terms and conditions as it deems fit. The securities regulator also has the power to reject corporate proposals if it is reasonably satisfied that these proposals are not in the best interest of the public company and/or the investing public. Authorities regulate securities offering – Under the Continue reading

Concept of Export Packing

The aim of every exporter must be to ensure that the goods arrive safely in the hands of the consumer. The fact that the goods are fully insured is in excuse for not bothering to check whether damage or pilferage occurs during the transit. Whilst the payment of the insurance claim may satisfy the buyer financially, it will not satisfy him mentally. The buyer orders the goods because he can sell them, before the vessel arrives. If he receives only a part of what he has handed in a salable condition, he will probably lose the goodwill of his customers and, in consequences, will blame the exporter. Distinction Between Packing and Packaging There is distinction between the terms export packing and packaging. Packaging refers to the job of providing specialized containers for the packing of goods. Packing is used for the general operation of putting goods into containers for shipment Continue reading

Internet of Things (IoT) Connectivity Landscape and Security Challenges

IoT refers to the Internet of Things. The Internet is connected to any device (including cell phones, cars, home equipment, and other wearable devices integrated with the sensor system) so that they can exchange information with each other over a network. The concept of the Internet of Things (IoT) as a network goes back to the 1980s, from where it took momentum later on to become the future of the internet. Over a couple of decades, we have seen diversified technologies in communications emerging and reflecting upon different applications and their requirements as they satisfy the needs of both personal and commercial use.  Internet of Things (IoT) Connectivity Landscape The Internet of Things (IoT) landscape now involves an intense variety of accessible connectivity alternatives that need to be harmonized first across various sectors and then correctly coupled to fulfill the IoT Technical Key Performance Indicators. Internet of Things technology is Continue reading