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Contributions of Entrepreneurs to the Society

Posted by on Apr 16th, 2014 in Business Management, Change management, Entrepreneurship, Human Resource | 0 comments

Contributions of Entrepreneurs to the Society

Contributions of Entrepreneurs to Boost Productivity Productivity Accelerators: Entrepreneurship raises productivity through technical and other forms of innovation. Entrepreneurs as risk bearers find resources and fill market gaps that would be missed by larger, more bureaucratic organizations. They allow a country to extract every last bit of marginal capacity out of whatever resources exist within the society. How to Make Money Online the Real Way – Discover the many ways to make money online doing what you like. Brilliant Tips on...

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Basic Trends in HRD

Posted by on Apr 11th, 2014 in Change management, Entrepreneurship, Human Resource, Training & Development | 0 comments

Basic Trends in HRD

Basic Trends in HRD – Human Resource Development The basic motive of HRD would be to develop an enduring and healthy work culture. It should also take into its fold the training and developmental aspects of the workforce that forms the significant segment of the organization. It is a means to improve the overall organizational effectiveness but not an end in itself. 101 GREAT RESUMES by RON FRY HRD Philosophy: The philosophy of an organization is understood through policies and operations and not merely through its programmes. HRD...

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Unsecured and Secured Short Term Sources

Posted by on Apr 10th, 2014 in Business Management, Financial Accounting, Financial Management, Principles of Management | 0 comments

Unsecured and Secured Short Term Sources

A Purview on Unsecured and Secured Short Term Sources Unsecured Non-Bank Short Term Sources Commercial Paper: Short-term, unsecured promissory notes, generally issued by large corporations, with maturities of a few days to 270 days. Usually issued in multiples of $100,000 or more. Commercial paper market is composed of the (1) dealer and (2) direct-placement markets. Advantage:  Cheaper than a short-term business loan from a commercial bank. Dealers require a line of credit to ensure that the commercial paper is paid off. From HTML to App...

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Short Term Financing

Posted by on Apr 8th, 2014 in Business Management, Financial Accounting, Financial Management, Principles of Management | 0 comments

Short Term Financing

Short Term Financing – Interest Free Sources and Unsecured Interest Bearing Sources A firm obtains its funds from a variety of sources. Some capital is provided by suppliers, creditors, and owners, while other funds arise from earnings retained in business. In this segment, let me explain to you the sources of short-term funds supplied by creditors. Characteristics of short-term financing: Cost of Funds: Some forms of short-term financing may prove to be expensive than that of intermediate and long-term financing while some short-term...

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Resume for Sales / Marketing Manager

Posted by on Apr 6th, 2014 in Resume Samples | 0 comments

Resume for Sales / Marketing Manager

Know the purpose of your resume Need help in creating or updating your resume? It certainly can be a tough task because your resume is going to be reviewed by software as well as by hiring managers. This new column brings you  top resume tips for choosing a resume format, selecting a resume font, customizing your resume, using resume keywords, explaining employment gaps, and more tips for writing interview winning resumes. Try to understand that the purpose of  building your resume is to land an interview and make it as precise as possible...

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Attitude

Posted by on Apr 5th, 2014 in Business Management, Human Resource, Organisational behaviour, Principles of Management, Training & Development | 0 comments

Attitude

Attitude and Job Satisfaction What is attitude? Attitudes are evaluative statements or judgments concerning objects, people or events –Stephen Robbin. They also represent an ‘affective orientation towards an object.’ It simply means what one feels and thinks about something. Elements of attitude: Cognitive components – opinion or belief Affective components – emotion or feeling Behavioral components – intention to behave The interaction of these three components determines the way in which an individual develops an attitude towards something....

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Ratio Calculation From Financial Statement

Posted by on Apr 3rd, 2014 in Financial Accounting, Financial Management, Management Accounting | 0 comments

Ratio Calculation From Financial Statement

Ratio Calculation From Financial Statement Profit and Loss a/c of Beta Manufacturing Company for the year ended 31st March 2010. Exercise Problem1 Kindly download this link to view the exercise. Given in pdf format. You are required to find out: a)      Gross Profit Ratio b)      Net Profit Ratio c)      Operating Ratio d)      Operating Net Profit to Net Sales Ratio a. GROSS FORFIT RATIO = Gross profit ÷ Sales × 100 = 50,000 ÷ 1,60,000 × 100 = 31.25 % b. NET PROFIT RATIO = Net profit ÷ Sales × 100 = 28,000 ÷ 1,60,000 × 100 = 17.5 %  c....

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Perception

Posted by on Apr 2nd, 2014 in Business Management, Human Resource, Organisational behaviour, Principles of Management | 0 comments

Perception

Perception in OB (Organizational Behavior) Context – The Sub-Processes Involved What is Perception? A cognitive information processing process that enables us to interpret and understand our environment. According to Stephen P Robbins, Perception is a process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment. The term originated from a Latin word ‘percepio’ meaning receiving, collecting, action of taking possession, apprehension with the mind or senses. The process by...

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Accounting and Decision Making

Posted by on Apr 1st, 2014 in Accounting, Decision Making, Management Accounting, Project Management | 0 comments

Accounting and Decision Making

ACCOUNTING AND DECISION MAKING - IDENTIFYING THE PROBLEM SITUATION Fig 1.1- ACCOUNTING INFORMATION FOR A SINGLE PRODUCT   The above illustration clearly depicts that there has been a loss of Rs.100 in one year’s time for this particular product. The reason can be attributed to the increase in the “cost of goods” whereas other expenses have remained the same in both the years. For a single product manufactured, the problem is identifiable and solvable. But when the organization is producing a range of products, you need to apply some...

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De-Stressing the Self

Posted by on Mar 31st, 2014 in Business Management, Change management, Human Resource, Organisational behaviour, Principles of Management | 0 comments

De-Stressing the Self

De-Stressing the Self India often looks at Japanese or American models to comprehend the concepts of management. In reality, Indian scriptures can be considered as treasuries of management .The Bhagavat Gita, the Vedas and the Epics highlight the true spirit of working together and the need for de-stressing the self for enhanced performance levels. The idea of NISHKAMYAM (to perform one’s own work without expecting a result) is truly said to be the highest ideology preached by Lord Krishna. What Induces Stress? A dynamic condition in which an...

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