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Capital Budgeting and Capital Accounting Systems

Posted by on Oct 23rd, 2014 in Management Accounting | 0 comments

Capital Budgeting and Capital Accounting Systems

Capital Budgeting and Capital Accounting Systems  These internal accounting systems facilitate and support decision-makers in assessing potential investments with respect to cost effectiveness. The purposeof capital accounting systems support decision-makers in monitoring and planning liquidity. What is Capital Budgeting? Capital budgeting is the planning process used to determine whether an organization’s long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are...

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How to Negotiate a Job Offer

Posted by on Oct 19th, 2014 in How To, Interview Questions | 0 comments

How to Negotiate a Job Offer

How to Negotiate a Job Offer Setting Yourself up for a Successful Career Opportunity: Find out all the particulars about the company you are applying for. Thank the employer for the offer, even if it’s not workable for you. Negotiate a time frame for deciding upon whether to take it or leave it. Do your homework thoroughly online. Think about whether the potential job matches your needs and goals. Research the competition. Find out what kind of leverage you have, if any. Get Job Interviews using Social Media  Negotiating Your Best Offer...

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Top 5 Productivity Killers and Solutions

Posted by on Oct 12th, 2014 in Business Management, Human Resource, Organisational behaviour, Principles of Management, Strategy, Training & Development | 0 comments

Top 5 Productivity Killers and Solutions

What can be the top 5 productivity killers in your office? I’d like to start this discussion with an apt quote by Timothy Ferriss that says “Focus on being productive instead of busy”. Productivity Killer 1 – PAY OR COMPENSATION Though there is a general argument that pay is not the primary motivating factor for employees, I feel it is. Employees are always smart who are well versed with the current industry position, financial constraints faced by the company, revenue deficits, and increased competition. Problems arise only...

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Six Helpful Tips for Young Leaders

Posted by on Oct 1st, 2014 in Business Management, Change management, Decision Making, Entrepreneurship, Human Resource, Motivation | 0 comments

Six Helpful Tips for Young Leaders

Helpful Tips for Young leaders Here’s a random list of practical advice for young leaders. If you can learn and practice these early in your career, it will help you avoid having to learn them by experience. Delegate, Trust People down the line and Take Advice: While a young business leader may have a flair for leading from the front, one should realize that limited experience is a limiting factor. People are far more likely to take a manager seriously only if he or she listens to and heeds advice. When you act as the sole proprietor of...

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Why Companies Go For Mergers and Acquisitions

Posted by on Sep 29th, 2014 in Business Management, Decision Making, Financial Management, Marketing, Strategy | 0 comments

Why Companies Go For Mergers and Acquisitions

What is meant by Mergers and Acquisitions? This is a general term used to refer to the amalgamation of companies. A merger is a combination of two companies to form a new company, while an acquisition is the purchase of one company by another in which no new company is formed. Mergers and acquisitions refers to the buying, selling and combining of different companies to aid a company in a specific industry to grow quickly without having to create another business entity. Growth due to Internal and External Expansion: A  business might grow...

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Top 25 Leadership Quotes

Posted by on Sep 25th, 2014 in Business Management, Decision Making, Entrepreneurship, Human Resource, Motivation | 0 comments

Top 25 Leadership Quotes

Best Leadership Quotes  “Only one man in a thousand is a leader of men — the other 999 follow women. Groucho Marx The Leader In You – Dale Carnegie “Leadership is the capacity to translate vision into reality. – Warren Bennis Developing the Leader Within You – “You don’t lead by pointing and telling people some place to go. You lead by going to that place and making a case. – Ken Kesey Awaken the Leader in You – Mitesh Khatri “No man will make a great leader who wants to do it all himself, or to get all the credit for...

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Business Viability Checklist

Posted by on Sep 21st, 2014 in Business Management, Decision Making, Entrepreneurship, Marketing | 0 comments

Business Viability Checklist

Business Viability Checklist for Entrepreneurs Hey Folks, here is a checklist for business viability or feasibility analysis, the fore-most step before starting a venture. Whether you are a dare devil driver yearning to embrace entrepreneurship as a result of your eternal frustration of saying” Yes-Boss” 24/7, or a first generation entrepreneur , this checklist will be of immense help in that it will reduce the elements of uncertainty and risk. Many businesses look at profit within quotes as ultimate viability. Even if the business is not...

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Why Strategic Leadership is Important

Posted by on Sep 8th, 2014 in Business Management, Human Resource, Strategy | 0 comments

Why Strategic Leadership is Important

Strategic Leadership in Organizations Every person is bestowed with innumerable opportunities through-out his/her life time. Very few are able to identify those angelistic gateways to success; I don’t agree with the age-old saying “Opportunity knocks the door only once.” In this dynamic world we are in a position to create opportunities and build our businesses around to witness our dreams turning into reality. Have you got the spark in you? What started as a small spark of starting an online book store has instigated Sachin and Binny Bansal...

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Why is Depreciation Charged on Assets

Posted by on Aug 24th, 2014 in Accounting, Financial Accounting | 0 comments

Why is Depreciation Charged on Assets

What is meant by Depreciation? Depreciation means reduction in the value of a fixed asset used in the business due to wear and tear and effluxion of time. Internal and External Causes of depreciation: i. Wear and tear: Caused mainly due to constant use, erosion, rust etc. ii. Efflux of time: Mere passage of time will cause a fall in the value of an asset, even if it is not used. iii. Obsolescence: A new invention or change in fashion or a permanent change in demand may render the asset useless. iv. Depletion: When raw materials or natural...

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Must See Personality Development Videos

Posted by on Aug 20th, 2014 in Video Lecturers | 0 comments

Must See Personality Development Videos

 Know the secrets and tips to personality development, positive attitude and gaining unshakable confidence.  ...

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