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

Need of Good Investment Decisions

Investments are both important and useful in the context of present day conditions. The following points have made investment decision increasingly important. Planning for retirement Interest rate High rate of inflation Increase rate of taxation Income Investment channels 1. Planning for retirement: A tremendous increase in working population, proper plans for life span and longevity have ensured the need for investment decisions. Investment decision have becomes significant as working people retire between the age 55 and 60. The life expectancy has increased due to improved living conditions, medical facilities etc. The earnings from employment should, therefore, be calculated in such a manner that a portion should be put away as savings. Saving from the from the current earning must be invested in a proper way so that principal and income thereon will be adequate to meet expenditure on them after their retirement. 2. Interest rate: The level of interest rates Continue reading

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Concept of Human Capital

Liberalization, Privatization and Globalization all over the world, has created the need for quality products and quality service. It in turn necessitated organizations to compete with one another to improve the quality and device cost reduction measures to exist in the industry. That could be done only with the development of human capital which is evidenced by the rapid economic growth of Japan and other East Asian countries. The investment in human capital cannot be easily measured as it differs from one person to another. Basically, when we talk of human capital it refers to the human knowledge, their inner capabilities and creativity. The development of technology cannot be fully utilized without knowledge and skill. The capabilities of the human capital in relation to the needs of the organization should be improved by creating a climate in which the human knowledge, skill, capabilities and creativity can be developed. How do Continue reading

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Steps in Production Planning and Control

Production planning and control is one of the most important phases of production management, it is, as a matter of fact, the nervous system of a manufacturing organization. In manufacturing organization, it is essential that production is carried on in the best manner at the lowest cost, and the goods are of right quality and are produced at the proper time. This can be ensured only through proper planning of production. but mere planning of production will not solve the problem because production plans are not capable of self-actuating and do not lead to automatic accomplishment. For that the production manager has to take certain steps like, he has to regulate work assignment, review the work progress, and devise methods to bring conformity between the actual performance and planned performance — so that plans chalked out are adhered to and the standards set at the planning stage are properly attained Continue reading

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SEBI (Substantial Acquisition of Shares and Takeover) Regulations Act, 1997

On the basis of recommendations of the Committee, the SEBI announced on Febuary20, 1997, the revised take over code as Securities and Exchange Board of India (Substantial Acquisitions of shares and Takeovers) Regulations, 1997. The objective of these regulations has been to provide an orderly framework within which substantial acquisitions and takeovers can take place. The salient features of this new takeover code (Regulations, 1997) may be enumerated as follows: i.Any person, who holds more than 5% shares or voting rights in any company, shall within two months of notification of these Regulation disclose his aggregate shareholding in that company, to the company which in turn, shall disclose to all the stock exchanges on which the shares of the company are listed, the aggregate number of shares held by each such person. ii.Any acquirer, who acquires shares or voting rights which (taken together with shares or voting rights, if any, Continue reading

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What is Expert System?

An expert system is an advanced computer application that is implemented for the purpose of providing solutions to complex problems, or to clarify uncertainties through the use of non-algorithmic programs where normally human expertise will be needed. Expert systems are most common in complex problem domain and are considered as widely used alternatives in searching for solutions that requires the existence of specific human expertise. The expert system is also able to justify its provided solutions based on the knowledge and data from past users. Normally expert systems are used in making business marketing strategic decisions, analyzing the performance of real time systems, configuring computers and perform many other functions which normally would require the existence of human expertise. The difference between an expert system with a normal problem-solving system is that the latter is a system where both programs and data structures are encoded, while for expert system only Continue reading

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Distributed Data Processing (DDP)

Distributed database system technology is the union of what appear to be two diametrically opposed approaches to data processing: database system and computer network technologies. Database system have taken us from a paradigm of data processing in which each application defined and maintained its own data to one in which the data is defined and administered centrally. This new orientation results in data independence , whereby the application programs are immune to changes in the logical or physical organization of the data. One of the major motivations behind the use of database systems is the desire to integration the operation data of an enterprise and to provide centralized, thus controlled access to that data. The technology of computer networks, on the other hand, promotes a mode of that work that goes against all centralization efforts. At first glance it might be difficult to understand how these two contrasting approaches can Continue reading

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