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

Organizational Culture – Development and Importance

Management Principles

Relevance of Ethics in the Age of Technology

Unprecedented in its speed and scope, scientific and technological progress is one of the most obvious realities of the modern time. Technology enormously increases the productivity of social labor, expanding the scale of production. It has achieved incomparable results in mastering the forces of nature. Moreover, technology has become the basis of the complex mechanism of the modern development. A country that fails to provide a sufficiently high rate of scientific and technological progress and incorporate its results in various areas of public life is condemned to be a underdeveloped and dependent state with a subordinate position in the world. In the recent past, it was common to praise the scientific and technological progress wildly as the sole source of the overall progress of the humankind. It is the view of the scientism, especially the natural sciences, as a superior and absolute social value. However, the rapid development of science Continue reading

Abey Francis

Case Study of Apple Inc: An Apple for Your Enterprise

Apple Macs have made their way out of the art department and into the offices of accountants, salespeople, manufacturing planners and top executives. “We’re seeing more requests outside of creative services to switch to Macs from PCs,” notes David Plavin, operations manager for Mac systems engineering at the U.S. it division of Public Group SA, a global advertising conglomerate. For it managers across all industries – even those with a well established and stalwart Windows user base – the question is no longer whether you’ll need to design and support a Mac computing strategy. the only question is how quickly. You may already be a little late to the game. According to Forrester, business adoption of Macs tripled last year. What’s more, this will surely accelerate as companies hire more Gen Y workers. Coming through the door in those backpacks are a slew of consumer technologies and wireless personal productivity Continue reading

Abey Francis

8 Risks Faced by Modern Banks at the Present Competitive Business World

The unanticipated part of the return, that portion resulting from surprises is the true risk of any investment. If we always receive what we expect, than the investment is perfectly predictable and, by definition, risk-free. In other words, the risk of owning an asset comes from surprises-unanticipated events. RISK is a concept that denotes the precise probability of specific eventualities. It is simply the future uncertainty and not only the incidents of predictable outcomes but also the unpredictable favorable outcomes. All the firms or companies whether it is in real or providing service are facing some sort of risk at present competitive business world to run its business. Banks are one of them in these regard and it is facing possibility of risk in terms of money and their achieved reputation. Bank is a financial institution that primarily deals with borrowing and lending money from the people by the people Continue reading

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Balance of Payments (BoP) Accounting

Balance of payments (BoPs) is systematic statement that systematically  summarizes, for a specified period of time, the monetary transactions of an  economy with the rest of the world. Put in simple words, the balance of  payments of a country is a systematic record of all transactions between the  ‘residents’ of a country and the rest of the world. Three main elements of actual process of measuring international  economic activity are: Identifying what is/is not an international economic transaction, Understanding how the flow of goods, services, assets, money create  debits and credits, and Understanding the bookkeeping procedures for BoP accounting. Each transaction is recorded in accordance with the principles of  double-entry  book keeping. That is  every transaction is recorded based on accounting principle. One of these  entries is a credit and the other entry is debit. In principle, the sum of all  credit entries is identical to the sum of all Continue reading

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What is Trading on Equity?

The phrase trading on equity is a financial jargon which indicates the utilization of non-equity sources of funds in the capital structure of an enterprise. At a high debt-equity ratio, a firm may not be able to borrow funds at a cheaper rate of interest it may not able to borrow funds at all. This is so because creditors lose confidence in the company which has a high debt-equity ratio. How can creditors have confidence in the company which has only creditors and no equity stockholders? The company will, therefore, have to strive hard to regain a reasonable debt-equity ratio so that the expectations of the market may be satisfied. In fact, equity financing by way of a public sale of stock offers real value of a firm. Traditionally, it has served as a spearhead for expansion of resources and productive capacity involving risk. Merwin Waterman states that the term Continue reading

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Foreign Market Entry Modes – Five Modes of Foreign Market Entry

Changes in the internal and external business environment have meant that more and more firms are expanding their operations across country borders. External factors such as: the removal of trade barriers, free trade agreements between countries, and an emerging middle class has made the idea of going global more attractive to organisations across the world. Internal factors such as: increasing profits, increasing market share and becoming a global brand are more drivers for organisations to globalize. Whilst there are a lot of drivers of internationalization, and hence potential advantages to internationalize. Types of Foreign Market Entry Modes An organisation has a number of different entry modes to choose from when it internationalizes its operations.  All organisations will have different reasons for going global, which will have an influence on which entry mode is best suited to them. An organisation will need to determine their desired level of commitment, flexibility, control, Continue reading

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