Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Gantt Charts – Tool for Project Planning and Scheduling

Project Management

Kaizen – Understanding the Japanese Business Philosophy of Continuous Improvement

Operations Management

Capital Supply and International Financial Markets

Capital flows have  traditionally focused on the ‘demand side’ of emerging market financing by  examining current account balances, which are equal to the net external  financing needs of countries, and then seeking to identify ways in which these  financing needs could be met and on what terms. However, this approach  ignores trends in capital flows into and out of the major advanced economies,  which are the source of most cross-border capital and the main reason why  gross flows have risen so dramatically relative to net flows. These flows are  typically in a securitized form and, as such, are susceptible to trading in active  secondary markets. By one estimate, investors in the mature markets of  Europe, the United States and Japan have been accumulating securities issued  outside their own countries at the rate of about US$1 trillion a year (Smith  2000). This means that international capital flows are increasingly determined  by Continue reading

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Risks Associated with Payment Systems and Risk Mitigation Measures

Risks in payment systems In any payment transaction, there will be a time lag between the time payment instructions are issued and final settlement of these claims (either on gross or net basis). This time lag exposes the entire system to various risks which are given below: Credit Risk: the risk that a party within the system will be unable fully to meet its financial obligations within the system either when due or at any time in the future Liquidity Risk: the risk that a party within the system will have insufficient funds to meet financial obligations within the system as and when expected although it may be able to do so at sometime in the future Legal Risk: the risk that a poor legal framework or legal uncertainties will cause or exacerbate credit or liquidity risks Operational Risk: the risk that operational factors such as technical malfunctions or operational Continue reading

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In-Depth Interviewing Techniques

In-depth interview  is an intensive and searching interview aiming at studying the respondent’s opinion, emotions or convictions on the basis of an interview guide. Conducting an in-depth interview requires much more training on inter-personal skills than structured interview. This deliberately aims to elicit unconscious as well as extremely personal feelings and emotions. In-depth interview  is generally a lengthy procedure designed to encourage free expression of affectively charged information. It requires probing. The interviewer should totally avoid advising or showing disagreement. Of course, he should use encouraging expressions like “uh-huh” or “I see” to motivate the respondent to continue narration. Some times the interviewer has to face the problem of affections, i.e. the respondent may hide expressing affective feelings. The interviewer should handle such situation with great care. Many researchers don’t know how to conduct an in-depth interview well. Here are some tips for conducting more effective in-depth interviews. Start the Continue reading

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Elements of Retail Store Interior Design

The retail store’s exterior is responsible for attracting the passers by both actual and potential customers to induce them to enter the store. The store’s interior is much more important than the exterior as it welcomes the actual consumer. The layout and design of a retail store communicate a significant amount of  information about the retailer to the consumer. The retail store’s interior must contribute to the retailer’s fundamental objectives of  minimizing  operational expenses and  maximize  sales and consumer satisfaction, therefore,  profits.  To attain these goals, the store’s interior not only must be inviting, comfortable and convenient for the consumer. It must also permit the retailer to use the interior space efficiency and effectively.  Let us try to touch up on the basic elements of the retail store interior design. 1. Fixtures A major consideration in developing an appropriate store design involves  the use of fixtures. They are used to Continue reading

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Advantages and Disadvantages of having a Mission Statement

Mission statement is a summary statement of a company’s or organization’s purpose about what it wants to accomplish in the larger environment. Mission statement is playing an important role with the overall strategic planning of an organization. All of the strategic planning of an organization should base on the mission of an organization that had been set. Strategic planning include all the long-range plans, strategic plans and also annual plans which include decision making about the human resource management, production and operation, finance and it is also concerned about the marketing planning. A well-defined mission statement is very important to guide people in the organization, clearly defines who the customer is and what services and products the businesses are intended to provide. A good mission statement should contain some criteria. First, a good mission statement should be market-oriented. A market-oriented mission statement focuses on satisfying customer’s needs. A mission statement Continue reading

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Retrenchment Strategies Followed by Organizations

A retrenchment grand strategy is followed when an organization aims at a contraction of its activities through substantial reduction or the elimination of the scope of one or more of its businesses in terms of their respective customer groups, customer functions, or alternative technologies either singly or jointly in order to improve its overall performance. Eg: A corporate hospital decides to focus only on special treatment and realize higher revenues by reducing its commitment to general case which is less profitable. The growth of industries and markets are threatened by various external and internal developments (External developments – government policies, demand saturation, emergence of substitute products, or changing customer needs. Internal Developments — poor management, wrong strategies, poor quality of functional management and so on.) In these situations the industries and markets and consequently the companies face the danger of decline and will go for adopting retrenchment strategies. Eg: fountain Continue reading

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