Participative Management – Workers Participation in Management

Human Resource Management

Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

How to Meet Costa Rica’s 2026 VASP Requirements Without Expanding Headcount

General Business Articles

Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Contents and Layout of Research Report

Contents of  Research  Report The researcher must keep in mind that his research report must contain following aspects: Purpose of study Significance of his study or statement of the problem Review of literature Methodology Interpretation of data Conclusions and suggestions Bibliography Appendices These can be discussed in detail as under: (1) Purpose of study: Research is one direction oriented study. He should discuss the problem of his study. He must give background of the problem. He must lay down his hypothesis of the study. Hypothesis is the statement indicating the nature of the problem. He should be able to collect data, analyze it and prove the hypothesis. The importance of the problem for the advancement of knowledge or removed of some evil may also be explained. He must use review of literature or the data from secondary source for explaining the statement of the problems. (2) Significance of study: Research Continue reading

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Characteristics of an Effective Leader

Every person has the capability to be a leader. Along with coaching and diagnostic tools, it would be easy to identify obstacles that hold individuals back. There are multiple characteristics and skills needed to be an effective leader. Effective leader characteristics include personal authority, personal qualities and practical approach. Firstly, personal authority means that the leader position only affects and extends downward. With the increase of power, responsibilities increase. Thus, the leader will have the ability to reward and discipline according to individuals’ performance. As well, people who use their former power tend to be less effective. Secondly, personal qualities play an important role in influencing peers as will as superiors to create and maintain relationships inside and outside organizations. These personal traits compose of emotional resiliency, extroversion, learning orientation, collegiality and conscientiousness. Leaders with these traits are characterized by having warmth, assertiveness, imagination and creativity, sensitivity and the ability Continue reading

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What are the Driving Forces behind Globalization?

Globalization can be characterized by four factors; the growing worldwide interconnections, rapid, discontinuous change, increased number and diversity of participants, as well as growing complexity. According to the Dictionary of Economics the term; globalization, is defined as the geographical shifts in domestic activity around the world and away from the nation states. It can also be referred to the interdependence of economies, through the increase in cross-border movement of goods, service, technology and capital. Examples of such integrations can be seen in the growing presence of many multinational companies as they expand into new regions (i.e. McDonalds) and the outsourcing of manufacturing and services. Drivers of Globalization The four main areas of drivers for globalization are market, government; cost and competition. These external drivers affect the main conditions for the potential of globalization across industries, which are mainly uncontrollable by individual firms. Market drivers include areas such as common customer needs Continue reading

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Meaning of Bonus Shares

The term bonus issue also called as stock dividend means an extra dividend paid to shareholders in a company from additional profits. When large fund gets accumulated out of profits of a company much beyond its expectations and needs, the company’s directors may decide to share out a part of it among the existent shareholders of company in the form of bonus. Bonus can be paid in two forms either in cash or in form of shares. The company pays cash bonus when it gains large amount of profits as well as cash to pay dividend. But many a times, it happens that a company is not in a position to pay bonus in cash though it has enough amounts of profits because of poor cash position or because of its unfavorable effects on the working capital of the company. In such a situation, the company pays a bonus to Continue reading

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Business Ethics: Theories and Approaches

Business ethics is the attitude and ways in which a business is formed and the way in which a business deal with the world. Many businesses behave in divert or different ways depend on the way it’s formed by the owners of the business. Business ethics can be described as principle and standard that is guiding behavior of people in the business. Many business have different reputation depends on the ways in which they are formed some business have bad reputation while some have bad reputation. Some businesses are formed for money making venture while some are formed because they want to make money and at the same time want to give its customers maximum satisfaction. The way in which a business is formed brings about ethical behavior. Ethics is a set of moral principles that a business should follow and values that a business should embraced in order for Continue reading

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Fixed Assets Accounting

Unless internal controls over plant and equipment are carefully designed many units of equipment are likely to be broken, discarded or stolen without any entry being made in the accounting records for their disposal. The assets accounts will then be overstated and depreciation programs for such missing unites of equipment will presumably continue. Consequently net income will be misstated because of the omission of losses on retirement of plant assets and because of erroneous depreciation charges. One important control devise which guards against failure to record the retirement of assets is the use of controlling accounts and subsidiary ledgers for plant and equipment. The general ledger ordinarily contains a serpent assets account and related depreciation accounts for each major classification of plant assets, such as land, buildings, office equipment and deal very equipment. For example the general ledger will contain the account office equipment and also the related accounts depreciation Continue reading

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