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

Importance of Financial Information to Stakeholders

In business there are two types of stakeholders that’s: internal stakeholders and external stakeholders. Internal stakeholders mean those stakeholders are dwell inside the company for examples: managers, employees, board members etc. On the other hand those stakeholders are not directly a part of a company is called external stakeholders for examples: shareholders, customers, suppliers etc. All shareholders want to see the use of their investment and thus asses the management through the financial statements. Because financial statements are very useful for businesses. Stakeholders of the company require the financial information for following reasons. To know how well the company is doing. To find company has earned more money than they spent. To get an idea about strategic and tactical plans of the management. To provide information to make decisions who make decisions about organisatoin. Avoid dissimulations and corruptions of the organisation. The usefulness of financial statements to different stakeholders is Continue reading

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Various Aspects of International Advertising

Advertising is one of the most visible forms of communication. Because of its wide use and its limitations as one-way method of communication, advertising in international markets is subject to a number of difficulties. Advertising is often the most important part of the communication mix for the consumer goods, where there is a large number of small volume customers who can be reached through mass media. International advertising entails dissemination of a commercial message to target audiences in more than one country. Target audiences differ from country to country in terms of how they perceive or interpret symbols or stimuli, respond to humor or emotional appeals, as well as in levels of literacy and languages spoken. International advertising can, therefore, be viewed as a communication process that takes place in multiple cultures that differ in terms of values, communication styles and consumption patterns. International advertising is also a business activity Continue reading

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Information Systems in Various Levels of Modern Organizations

The INFORMATION SYSTEM plays a major role in the organization by satisfying the diverse needs through a variety of systems such as Query systems, Analysis systems, Modeling systems and Decision support systems. It helps the Clerical personnel in transaction processing and answers their queries on data pertaining to transaction. It helps junior management by providing operational data for planning and control, and helps them in Decision-making. It helps the Middle management in short-term planning, target setting and controlling business functions. It helps Top management in goal setting, planning and evolving business plans and their implementation. OPERATIONAL-LEVEL SYSTEMS At the operational level are transactions processing systems through which products are designed, marketed, produced, and delivered. These systems accumulate information in databases that form the foundation for higher-level systems. In today’s leading organizations, the information systems that support various functional units-marketing, finance, production, and human resources-are integrated into what is known as Continue reading

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Amalgamation – Definition and Types

Amalgamation is an arrangement or reconstruction. It is a legal process by which two or more companies are to be absorbed or blended with another. As a result, the amalgamating company loses its existence and its shareholders become shareholders of new company or the amalgamated company. In case of amalgamation a new company may came into existence or an old company may survive while amalgamating company may lose its existence. According to Halsbury’s law of England amalgamation is the blending of two or more existing companies into one undertaking, the shareholder of each blending companies becoming substantially the shareholders of company which will carry on blended undertaking. There may be amalgamation by transfer of one or more undertaking to a new company or transfer of one or more undertaking to an existing company. Amalgamation signifies the transfers of all are some part of assets and liabilities of one or more Continue reading

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Compare and Contrast Maslow’s Theory of Needs with Vroom’s Expectancy Theory

Motivation is an intangible human asset which acts as a driver that pushes humans to be willing to perform certain actions. In just about everything we do there is something that moves us to perform the action which involves some motivation allowing us to perform tasks or actions which produces some type of personal benefit as a result. The general theory would be that, the greater the personal gain in performing the task for the individual, the more motivated they are to try at the task to achieve the best outcome. Motivation is usually stimulated by a want where there is a gain to be had as a result of performing a certain task. A person is a wanting being – he always wants, and he wants more. Therefore if there is nothing that an individual wants, there would be no need for them to perform a certain task as Continue reading

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Preparation of Minutes under Companies Act

‘Minutes’ have been defined as the written record of the business done at a meeting. The minutes  comprise the official record of the proceedings and decisions of a meeting. They constitute a clear,  concise, accurate and permanent record of the decisions and actions of a constituted body. Once  approved and signed by the chairman, they are acceptable as evidence of the proceedings in a court of  law. Provisions of the Companies Act regarding Minutes Section 193 of the Companies Act makes it obligatory for every company to maintain minutes of  the proceedings of every general meeting and meetings of the Board of Directors and its Committee. It  has also been laid down that minutes of company meetings kept in accordance with the provisions of this  section will be  recognized  as evidence of the proceedings recorded therein. Entries must be made in the  minutes book within thirty days of the conclusion Continue reading

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