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

Case Study: The Business Strategy of Apple

Apple Inc is a multinational American company that design and sells computer software, consumer gadgets and personal computers. It was co-founded by Steve Jobs, Steve Wozniak and Ronald Wayne. Apple Inc is well-known for being innovative as they kept on producing new innovations from the first Apple computer Macintosh to the more recent iPhone and iPad series. Today Apple Inc. is very well known in the world because of their advanced technology in products such as iPods, iPhone, Macbooks, Apple TV and other professional software. All the high tech products provide consumers with a better living standard in many different ways. Moreover, Apple Inc’s dominant position in the global market has changed the trend of consumer usage of electronic appliances such as in virtual communication. People will never need to carry multiple devices where each one only offers a handful of functions. Furthermore, Apple also created a substantial value in Continue reading

Abey Francis

Knowledge Management Systems: Costs and Benefits

Knowledge Management Systems (KMS) like any other information systems have its benefits as well as costs, weighing the benefits in relationship with the costs will probably provide a basis for deciding whether to invest in it or not. Costs of Knowledge Management Systems Although knowledge management system is beneficial and important to the organisation, it also involves some cost. These costs vary quite a bit, depending on the size of the organisation, the current level of infrastructure and the scope of knowledge management initiative. Also, the cost depends on whether or not there is an existing infrastructure. The first step in determining the return on investment for a knowledge management project is to deter ­mine the costs. On the surface, this may seem deceptively simple, but there are costs involved in a knowledge man­agement project that may not be readily obvious to the manager who is not experienced in estimating Continue reading

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Levels of Strategy

It is believed that strategic decision making is the responsibility of top management. However, it is considered useful to distinguish between the levels of operation of the strategy. Strategy operates at different levels of organization viz-à-viz: Corporate level Business level Functional level There are basically two categories of companies; one, which have different businesses organized as different directions or product groups known as profit centers or strategic business units (SBUs) and other, which consists of companies which are single product companies. Eg. Reliance Industries and Ashok Leyland Limited. The SBU concept was introduced by General Electric Company (GE) of USA to manage product business. The fundamental concept in the SBU is the identification of discrete independent product/market segments served by the organization. Because of the different environments served by each product, a SBU is created for each independent product/segment. Each and every SBU is different from another SBU due to Continue reading

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Modes of Strategic Management

Modes of strategic management are the actual kinds of approaches taken by managers in formulating and implementing strategies. They address the issues of who has the major influence in the strategic management process and how the process is carried out. Research indicates that managers tend to use one of three major approaches to, or modes of strategic management: entrepreneurial, adaptive, and planning. The mode selected is likely to influence the degree of innovation that occurs within the organization. Innovation is particularly important in the context of strategic management, because organizations that do not continually incorporate new ideas are likely to fail behind competitively, particularly when the environment is changing rapidly. 1. Entrepreneurial Mode “Entrepreneurial mode is an approach in which strategy is formulated mainly by a strong visionary chief executive who actively searches for new opportunities, is heavily oriented toward growth, and is willing to make bold strategies rapidly” (Management, Continue reading

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Development of Bank Payment Systems

As there is no single recipe for effective development of a national payment system, countries undergoing a reform process are frequently faced with questions relating to issues such as involvement and initiative for development of national payment systems, infrastructures needed and the supporting institutional arrangements, areas of priorities and so on. In order to give the necessary assistance and advice on the planning and implementation of reforms in national payment systems to the concerned authorities, the Committee on Payment and Settlement Systems (CPSS) has brought out a Report on Payment Systems Development (final Report in Jan 2006). The Report underlines that payment system development is a complex process that should be principally needs-based, not technology-based. Payment system reforms depend on parallel development of the banking system, institutional arrangements for payment services and payment infrastructures, and should therefore be a cooperative effort among the banking sector, regulatory agencies and other relevant Continue reading

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Investing in Bitcoin: Strategies for Success in the Cryptocurrency Market

Introduction Welcome to a comprehensive guide on investing in Bitcoin, an innovative digital currency that has gained significant popularity in recent years. In this article, we will explore various aspects of Bitcoin investment, including its history, benefits, risks, and effective strategies to maximize your returns. Whether you are a beginner or an experienced investor, this guide aims to provide valuable insights that can help you navigate the dynamic and exciting world of Bitcoin. Start using Tesler platform to efficiently invest and trade in Bitcoin. What is Bitcoin? Bitcoin, created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto, is the world’s first decentralized digital currency. It operates on a technology called blockchain, which enables secure and transparent transactions without the need for intermediaries like banks or governments. Bitcoin’s decentralized nature and limited supply make it an attractive investment option for many. The Rise of Continue reading

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