Preparing a Research Report

The research report is considered as a major component of the research work, because through this report the research problem, the research design, the analysis and findings are brought to the knowledge of the world. The research report converts the research work into a public asset from its earlier state of private asset. The research report shows the readers the progress in knowledge made in the specific area or discipline. The report by bringing to light the new frontiers of knowledge enhances the society’s intellectual well-being. The report by highlighting the design and methodology, runs as a fore-runner for future researchers in this or related area. The analyses and interpretations may give a boost to knowledge. The findings and suggestions take the readers into enlightenment from ignorance. Every research must  endeavor  to achieve this. Research report is a record of the whole of every bit of the research work. This Continue reading

Different Types of Securitized Instruments

Pass Through Certificates and  Pay Through Certificates There is no uniform name for the securities issued by the  special purpose vehicle  (SPV)  as such securities take different forms. These securities could either represent a direct claim of the  investors on all that the SPV collects from the receivables transferred to it: in this case, the securities are called pass through certificates as they imply certificates of proportional beneficial interest in the assets held by the SPV. Alternatively, the SPV might be re-configuring the cash flows by reinvesting it, so as to  pay to the investors on fixed dates, not matching with the dates on which the transferred  receivables are collected by the SPV. In this case, the securities held by the investors are  called pay through certificates. 1. Pass Through Certificates In case of pass through certificates payments to investors depend upon the cash flow from the assets backing such Continue reading

Case Study on Entrepreneurship: Bill Gates

Bill Gates was born in Seattle on October 28, 1955 to his parents, Mary and William Gates II.   He has two sisters. His father was a prominent Seattle lawyer, and his mother was a schoolteacher, University of Washington regent and chairwoman of United Way International. His great-grandfather was a state legislator and mayor, and his grandfather was the vice president of a national bank. Bill strongly believes in hard work. He believes that if you are intelligent and know how to apply your intelligence, you can achieve anything. In school, he had an excellent record in mathematics and science. Still he was getting very bored in school and his parents knew it. Bill’s parents came to know their son’s intelligence and decided to enroll him in prestigious Lakeside private prep school, known for its intense academic environment. Bill first started working with computers at the school. His mother was Continue reading

Introduction to Production Management

Meaning Of Production Management A few definitions of production management are being reproduced here under to understand the meaning of the term clearly: “Production management is the process of effectively planning and regulating the operations of that part of an enterprise which is responsible for actual transformation of materials into finished products”. Elwood S. Buffa has defined the term in a broader sense as: “Production management deals with decision making related to production process so that the resulting goods or services are produced according to specifications, in amounts and by the schedules demanded and at a minimum cost”. Production management, thus, is assigned with the following tasks. Specifying and accumulating the input resources, i.e., management, men, information, materials, machine and capital. Designing and installing the assembling or conversion process to transform the inputs into output, and Coordinating and operating the production process so that the desired goods and services may Continue reading

Case Study on Business Ethics: The AIG Scandal

American International Group, Inc is a company whose operation began back in 1919. It was established back then by Cornelius Vander Starr as an insurance agency in Shanghai, China. AIG left china in 1949 after Starr had established himself as the westerner the sell insurance to the Chinese people. AIG headquarters then shifted from china to New York City, which is still the headquarters up to date. It is from here that AIG began its expansion tapping into other markets such as the Latin America, Asia, Middle East and Europe through use of its subsidiaries. It was in 1962 when Starr transferred management of AIG United states holdings to Maurice R. Greenberg. Greenberg introduced policies that made the company shift from its original personal insurance background to anew high market corporate targeted cover. The new management under Greenberg went on to focus mainly on selling AIGs’ insurance packages through independent Continue reading

A Brief Introduction to Six Sigma Methodology

The creation of Six Sigma Methodology is understood to be traced back to Carl Friedrich Gauss and introduced as a measurement in variation in organizations.  Six Sigma name comes from the Greek alphabet “Sigma” which mathematician or statisticians uses in statistics to find a standard deviation.  Motorola was the first company to use Six Sigma, to measure the quality of products and services from within.  In the process of Motorola using Six Sigma, it helped them to pinpoint mistakes such as finances and operations.  Six Sigma’s core philosophy was based on business process and customer requirements, extensive training to employees, focus on the organization, and creating an improved system. Six Sigma Methodology describes a business improvement approach that seeks to find and eliminate causes of defects and errors in manufacturing and service processes by focusing on outputs that are critical to customers and a clear financial return for the organization.  Continue reading