As economies continue to integrate due to globalization and formally closed economies like India and China march toward total liberalization, entrepreneurship is on the increase. A close analysis of developed and industrialized economies indicates a common denominator that stands out amongst all of them. This is the most important role played by entrepreneurship and entrepreneurs in such economies. This phenomenon has proved to us that if an economy is to develop fully, entrepreneurship should be allowed to flourish. Innovation Individuals often resort to entrepreneurship for one of the following reasons; they find a market niche and have the solution to profit from such niche; they have been unable to find suitable employment or a suitable means of income and therefore have resorted to using their creativity to generate an income for themselves; or they have the technological know-how and the financial resources (or able to source all of the above) Continue reading
General Business Articles
Why Businesses Fail to Manage Ethics in the Workplace?
The majority of the company including international and local organizations starts to alert and concentrate on the importance of business ethics between managements and employees. One of the major challenges in business ethics is creating a safe environment where all employees or workers can raise their concerns about possible misconduct and wrongdoing. Business ethics has been an essential but difficult subject to handle. Many business organizations recognize the importance of business ethics but do not give it due attention. One the contrary, some organizations have simply provided the fundamental business ethic course which involves learning what is right or wrong and doing the right thing. In the reality, some of the organizations have failed to manage the business ethics in the workplace. The major elements which affect the business failure mainly identified and divided into six different types of categories including gender diversity, sexual harassment, lack of communication, age discrimination, Continue reading
Everything You Need to Get Out of Debt
Everyone knows how easy it is to accumulate debt. we have debt because we require the financial assistance. Not everyone can utilize bootstrapping for everything, which is why we often turn to things, like loans and credit cards. However, these aren’t exactly the get out of jail free card some people think they are. While they can certainly be useful in a pinch, you have to understand that taking these out are another responsibility. You don’t have an infinite amount of funds on a credit card and you can’t keep borrowing loans. In this article, we’ll be going over everything you need to get out of debt. What Debt Can Do to People Before getting into how you can get out of debt, it’s important for people dealing with it for the first time to understand the positive and negative effects of debt on a your life. When you’re in Continue reading
Arguments For and Against Social Responsibility of Business
Business entities should pay attention to the welfare of workers, consumers needs and their security, the well-being and privileges of creditors, government regulations and the obligations of the enterprise towards the social order as a whole. Nowadays, numerous organizations are concerned about social activities and are playing an active role in the same. While the outlook of the society have transformed, companies have become further conscious of their social responsibilities. A cautious analysis of opinions for and against the participation of organizations in social welfare activities is essential to conclude whether an organization should employ social programs. Arguments Favoring Social Responsibilities of Business The needs of present day customers have changed, ensuing in a change in their outlook of businesses. As businesses oblige their profits to humanity, they have to thus counter to the needs of the society. Society and business gain mutual advantage when there is a symbiotic association Continue reading
Value Investing Demystified: How to Spot Undervalued Stocks
In the fast-paced world of financial markets, finding opportunities that promise growth and value is a challenge many investors face. One avenue that stands the test of time is value investing, a strategy rooted in fundamental analysis and a patient approach. While there’s a plethora of investment options available today, including options like Altrix Sync, one must not overlook the timeless wisdom of identifying undervalued stocks. In this article, we will demystify the art of value investing and shed light on how to spot those hidden gems within the stock market. Understanding Value Investing Value investing is a philosophy that goes beyond the buzz and hype often associated with stock markets. It focuses on finding stocks that are trading below their intrinsic value, offering a margin of safety for investors. Unlike speculators who chase market trends and short-term gains, value investors adopt a long-term perspective, seeking out companies with strong Continue reading
Tips for Managing Stress
Stress management is the need of the hour. However hard we try to go beyond a stress situation, life seems to find new ways of stressing us out and plaguing us with anxiety attacks. Moreover, be it our anxiety, mind-body exhaustion or our erring attitudes, we tend to overlook causes of stress and the conditions triggered by those. In such unsettling moments we often forget that stressors, if not escapable, are fairly manageable and treatable. Stress, either quick or constant, can induce risky body-mind disorders. Immediate disorders such as dizzy spells, anxiety attacks, tension, sleeplessness, nervousness and muscle cramps can all result in chronic health problems. They may also affect our immune, cardiovascular and nervous systems and lead individuals to habitual addictions, which are inter-linked with stress. Like “stress reactions”, “relaxation responses” and stress management techniques are some of the body’s important built-in response systems. As a relaxation response the Continue reading