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

Measurement Scales in Research Methodology

Certain research data are qualitative in nature. Data on attitude, opinion or behavior of employees, customers, and sales persons etc., are qualitative. The terms “attitude” and “opinion” have frequently been differentiated in psychological and sociological investigations. A commonly drawn distinction has been to view an attitude as a predisposition to act in a certain way and an opinion as a verbalization of the attitude. Thus, a statement by a respondent that he prefers viewing color to black-and-white television programs would be an opinion expressing one aspect of the respondent’s attitude toward color television. Motivation, commitment, satisfaction, leadership effectiveness, etc involve attitude measurement based on revealed opinions. These qualitative data require measurement scales for being measured. Types of Measurement Scales used in Research There are four different scales of measurement used in research; nominal, ordinal, interval and ratio. The rules used to assign numerals objects define the kind of scale and Continue reading

Abey Francis

Case Study: The Strategic Alliance Between Renault and Nissan

Renault and Nissan are two major automobile brands working independently as well as are in a 19-year old alliance where Renault holds 43.4 percent stake in Nissan and Nissan owns 15 per cent in Renault.   The Renault-Nissan Alliance  is the first of its kind involving Japanese and a French company. Renault was identified for modern design and Nissan for the excellence of its engineering. The two companies had just decided to a most important strategic alliance in which Renault would take for granted $5.4 billion of Nissan’s Debt in return for a 36.6% equity share in the Japanese company. Before the alliance it was concluded that the combined company would be the world’s largest car-maker. In the case of Renault-Nissan, it is preferable to have an alliance than merger for many reasons. Alliances would facilitate more than mergers the entrance for companies to new geographical phases where there are Continue reading

Abey Francis

Differences Between Value Chain Analysis and Traditional Management Accounting

The Limitations of Traditional Management Accounting There exist five major limitation for traditional management accounting. The first one is the traditional management accounting may treat the firm as a single part. It only provided information for a single enterprise management decision and control, ignoring the external environment and other relevant information also can reflect the firm’s position in the market. Second, the traditional management accounting limited to the collection and analysis of internal financial information, the information break away from the requirements of corporate strategic management and weakened the role of management accounting. Third, the concept of traditional management accounting just focus on solving the relevant and individual internal issues. It can not form a sound management system with the market and long-term interests, so that the composition of the budget system just only concentrate on the enterprise’s internal planning and operations. The forth is the traditional management accounting adopted Continue reading

Abey Francis

Business Model Canvas – Business Model Generation

Business Model Canvas is the most popular tool for entrepreneurs  to create their business models.  The Business Model Canvas is an analytical tool outlined in the book  Business Model Generation  by Alex Osterwalder. It is a visual template preformatted with the nine blocks of a business model, which allows you to develop and sketch out new or existing business models.    It’s an amazing and powerful too and instantly creates a shared visual language while defining a business. A business model describes the rationale of how an organization  creates, delivers and captures value.  Using the Business Model Canvas, the business model is defined across 9 key areas. With a central focus on the value proposition facilitated groups are able to quickly capture (i) how the business will actually create the products, (ii) how customers will access the products, and (iii) how the business will monetize the transactions.  The nine building Continue reading

Abey Francis

History of Exchange Rate System

The world exchange rate systems of the world have it own history shows that the world community has in fact change from the fixed exchange rates system to floating exchange rate system. There are different combinations of fixed exchange rate systems as well as floating exchange rates exist currently, the created for exchange rate regulating together with specific some economical instruments also. Commodity money is a system that the most early existing in this world. This system happened when the development of production as well as a number of labor divisions. When appeared coins having an intrinsic value but not linked with commodity, until the 17th century there was no other monetary system exist. The value of the coin usually associated and combined with the gold in the coin with its content. The content of gold that in the coin can be found their exchange rate between different currencies and Continue reading

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Commercial Paper – Definition, Features and Advantages

What is a Commercial Paper? A commercial paper is an unsecured promissory note issued with a fixed maturity by a company approved by RBI, negotiable by endorsement and delivery, issued in bearer form and issued at such discount on the face value as may be determent by the issuing company. Features of Commercial Paper Commercial paper is a short-term money market instrument comprising usince promissory note with a fixed maturity. It is a certificate evidencing an unsecured corporate debt of short term maturity. Commercial paper is issued at a discount to face value basis but it can be issued in interest bearing form. The issuer promises to pay the buyer some fixed amount on some future period but pledge no assets, only his liquidity and established earning power, to guarantee that promise. Commercial paper can be issued directly by a company to investors or through banks/merchant banks. Advantages of Commercial Continue reading

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