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
General Business Articles
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
Reasons You Should Commit to Lifelong Learning and Ways to Do It
One of the most valuable assets one can have is commitment to lifelong learning. The knowledge you will acquire from continuous education is a powerful possession you can ever have throughout your career. While there are so many advantages of lifelong learning, understanding the reasons why you need it is also important. Importance of Nonstop Learning Humans naturally yearn for learning. In fact, your insatiable hunger for learning begins during infancy since you become curious to your senses of smell, sound, taste, feel, and sight. The quest for knowledge doesn’t simply stop once your curiosity has been answered. As you mature, you seek for more discovery and learning while getting to know yourself. The main importance of learning is that, life is a broad concept with continuous changes happening in every stage. You need to keep up with those changes by understanding the real meaning of being alive. Here are Continue reading
Successful Cross-Border E-commerce Strategies
With the advent of the internet, e-commerce has become an established way for people to buy and sell goods. The convenience it offers us has transformed the way we shop and as global access to the internet increases, the number of people buying and selling online is also set to increase. In 2021, worldwide e-commerce sales totaled approximately $5.2 trillion dollars. This figure is predicted to grow by 56% over the next few years, reaching about $8.1 trillion dollars by 2026. In today’s digital world, there are more opportunities than ever for businesses to trade beyond their country or borders. This is something many businesses are increasingly capitalizing on through cross-border e-commerce. In this article, we’ll explore some strategies that can facilitate success when it comes to cross-border e-commerce. Research Local Markets Before setting up shop in a foreign market it’s important to do some research to establish whether it Continue reading
How Do You Start a Business?
The journey of establishing your own business is a whirlwind of excitement, daunting decisions, and significant rewards. The path to business ownership requires careful planning, meticulous attention to detail, and a tremendous amount of grit. Whether it’s developing a stellar idea, securing financing, or overcoming challenges, we have comprehensive insights to guide you. Keep reading to learn the strategic steps to take when starting a business. Recognizing the Need for a Business Plan Every successful business begins with a proficient business plan. A business plan encapsulates your business goals, research on potential markets, and strategies for reaching your target audience. It serves as a blueprint for your business journey. Equally critical is determining your business financing. This step could involve a variety of options, including self-financing, attracting investors, or determining how to get a loan to start a business. Remember, a well-structured business plan can make the difference between a thriving 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