Organizational Health – Concept, Dimensions, and Characteristics

Management Concepts

Organizational Health Approach – Building a Strong Workplace

Modern Management Concepts

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

Importance of Computer in the Modern Society

Computers are now a fact of life. Computers have created a very effective information system to help streamline the management of an organization. This makes it a much needed tool for every business, banking, government, entertainment, daily life, industry, education, and administration. It can be said of all large organizations, whether the department government or private, use a computer for a variety of their daily business and it is the fastest growing industries in the world today. Each organization usually has one or more large computer systems and a number of microcomputer. The system is a great computer for data processing tasks, while many small microcomputer to use as word processing. Computers have become part of our lives is essential. In general, the use of computers can be divided into several groups. It is known that the rapid growth of computer usage time. In all areas have been using computers Continue reading

Abey Francis

Fixed and Flexible Budget

According to the flexibility factor, budgets are classified into: Fixed Budget This is budget in which targets are rigidly fixed. Such budgets are usually prepared from one to three months in advance of the fiscal year to which they are applicable. Thus, twelve months or more may elapse before figures forecast for the budget are used to measure actual performance. Many things may happen during this intervening period and they may make the figures go widely out of line with the actual figures. Though it is true that a fixed, or static budget as it is sometimes called, can be revised whenever the necessity arises, it smacks of rigidity and artificiality so far as control over costs and expenses are concerned. Such budgets are preferred only where sales can be forecast with the greatest of accuracy which means, in turn, that the cost and expenses in relation to sales can Continue reading

Abey Francis

Different Types of Stock Beta

Beta coefficient is a comparative measure of how the stock performs relative to the market as a whole.  It is determined by plotting the stock’s and market’s returns at discrete intervals over a period of time and fitting (regressing) a line through the resulting data points. The slope of that line is the levered equity beta. When the slope of the line is 1.00, the returns of the stock are no more or less volatile than returns on the market. When the slope exceeds 1.00, the stock’s returns are more volatile than the market’s returns.  The beta coefficient is a key component for the  Capital Asset Pricing Model  (CAPM), which describes the relationship between risk and expected return  and  that is used in the pricing of risky securities. The important types of stock beta used in financial analysis are historical beta, adjusted beta and fundamental beta. An historical betas are Continue reading

Abey Francis

How Blockchain Transforms the Recruitment Process?

Recruiting is a complex practice that requires keen analysis of the data. In recruitment, various issues are put into consideration before the employer settler in a particular job seeker. Before a hiring decision is reached, there is a various measure that job seeker and employer go through. During this process, there is a lot of data exchange between the two the job seeker, and the employer that is the job seeker must provide a set of personal information that is essential during the recruitment process. When passing this sensitive information, the job seeker trust that the employer will handle this information with care and on the other hand, the recruiter is entrusting that all information provided by the job seeker is accurate. Failure of either party to uphold their end of bargain eventually lead to delay or to emerge of the issues that prohibit the candidates from filling this gap. Continue reading

Abey Francis

Case Study: WorldCom Accounting Scandal

Founded initially as a small company named Long Distance Discount Services in 1983, it merged with Advantage Companies Inc to eventually become WorldCom Inc, naming its CEO as Bernard Ebbers.WorldCom achieved its position as a significant player in the telecommunications industry through the successful completion of 65 acquisitions spending almost $60 billion between 1991 and 1997, whilst also accumulating $41 billion in debt. During the Internet boom WorldCom’s stock rose from pennies per share to over $60 a share  as ‘Wall Street investment banks, analysts and brokers began to discover WorldCom’s value and made “strong buy recommendations” to investors.’  During the 1990’s WorldCom evolved into the ‘second-largest long distance phone company in the US’  mainly due to its aggressive acquisition strategy. A cycle became apparent in the marketplace  where an acquisition was seen as a positive move by the analysts leading to higher stock prices of WorldCom. Consequently this allowed Continue reading

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Audit Theories – Theories of Demand for Audit

Audit refers to an examination of the financial reports of a firm by an independent entity. The separation of business ownership and management in modern society has created a need for accountability; causing the role of audit to change as the needs of stakeholders’ change. Audit, in itself, caters to the relationship of accountability; independent from other parts of the firm to provide a true and fair view of the financial reports of an organisation. Whereas, the ‘value relevance’ refers to the auditors’ ability and responsibility to provide reasonable assurance that financial statements are free of material misstatement, either due to fraud or error; or both. Audit theories provide a framework for auditing, uncovers the laws that govern the audit process and the relationship between different parties of a firm, forming the basis of the role of audit.  There are many theories which may explain demand for audit services in Continue reading

Abey Francis