The decision as to whether or not you should get an MBA is not as straightforward as it might seem. It may not be a simple yes or no answer. Instead, the answer might be “yes, but not yet” or “no, but you should get a master’s in another business-related subject.” On the other hand, depending on your circumstances, the answer might also be an unqualified yes. For some, an MBA can be one of their most important career moves while for others, it can be a waste of time and money. How can you decide which it will be for you? The points below can help. What Experience Do You Have? First, do you have a bachelor’s degree? If not, you need to get one. Are you fresh out of college with an undergraduate degree in business? Then you should not go straight into an MBA program. This doesn’t Continue reading
Business Articles
Gender Bias in International Business
The gender bias toward women managers that exists in many countries creates hesitancy among U.S. multinational companies to offer women international assignments. Questions such as, Are there opportunities for women in international business? And should women represent U.S. firms abroad? Frequently arise as U.S. companies become more international. As women move up in domestic management ranks and seek career related international assignments, companies need to examine their positions on women managers in international business. In many cultures-Asian, Arab, Latin American, and even some European women are not typically found in upper levels of management. Traditional roles in male-dominated societies often are translated into minimal business opportunities for women. This cultural bias raises questions about the effectiveness of women in establishing successful relationships with host country associates. An often-asked question is whether it is appropriate to send women to conduct business with foreign customers. To some it appears logical that if Continue reading
The Importance of Corporate Governance in Business
Corporate Governance can be defined as the organizational structure of a company. It encompasses the overall processes, operations and policies by which a company is controlled and functions. Corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance. Within the governing body of a corporation there are various stakeholders. Stakeholders are individuals which are of great importance to the company because they contribute directly or indirectly to its economic activity. Stakeholders retain different degrees of importance within an organization depending on their title or function which are some of the following: shareholders, the board of directors, employees, customers, creditors and suppliers. All together this group of individuals defines a corporate community in which day to day business is conducted and must be sustained in order for the company to survive. Similar to any other community, where there are conflicts of interests, Continue reading
Leadership Characteristics – What Makes an Effective Leader
There are some specific characteristics that are found inside people who are born that seem like a developed skills and abilities which open themselves in a wise position where they look like a good leader. There are some characteristics that are found in a good leadership skill and these qualities can be a natural part of their personality and daily activities. First, confidence that must appear from a person like trustness and believing in their own abilities. And also can be said that someone empowers their working for them to make their own decisions. For example, make a decisions following on their own idea like creating something new and with some experience like a student doing their best in their final exam with a lot hopes and also the confidence comes from the parents and teacher who guides and approaches them at all the times. Second, a good character plays Continue reading
Positive and Negative Effects of Debt
Debt can be viewed as good and sometimes also can bad too. Debt makes people and organizations that they would not allowed to do. All this while, people use it to purchase houses, cars, and others things with their cash on hand. With the debt, they can spend as much as they want on expensive things. Besides, for those companies also use the debt as to influence the investment made in their assets. This influence of debt is considered as an important part in determining the riskiness of the investment. As we know that, the more the debt per equity, the more risky we will face. The increased of risks will bring some bad effects to organizations as well as individuals. As for individuals, the cost of servicing the debt can grow beyond the ability to pay due to both external events and this cause their income loss. And there Continue reading
What is Stress?
Stress is a biological term which refers to the consequences of the failure of a human or animal body to respond appropriately to emotional or physical threats to the organism, whether actual or imagined. It includes a state of alarm and adrenaline production, short-term resistance as a coping mechanism, and exhaustion. It refers to the inability of a human or animal body to respond. Common stress symptoms include irritability, muscular tension, inability to concentrate and a variety of physical reactions, such as headaches and accelerated heart rate. The term “stress” was first used by the endocrinologist Hans Selye in the 1930s to identify physiological responses in laboratory animals. He later broadened and popularized the concept to include the perceptions and responses of humans trying to adapt to the challenges of everyday life. In Selye’s terminology, “stress” refers to the reaction of the organism, and “stressor” to the perceived threat. Stress Continue reading