Meaning and Definitions of Job Satisfaction

Job satisfaction is a feeling that can produce a positive or negative effect toward one’s roles and responsibilities at work and it is important to understand the concept of job satisfaction as there is no single way to satisfy all workers in the workplace. Also, job satisfaction is the positive attitude towards ones job and it is the combination of feelings and beliefs, which include the mental, emotional, and physical domains. Job satisfaction can also be defined as a worker’s emotional response to different job related factors resulting in finding pleasure, comfort, confidence, rewards, personal growth and various positive opportunities, including upward mobility, recognition and appraisal done on a merit pattern with monetary value as compensation. Another definition is that job satisfaction is reflected as an employee’s general affective assessment of himself/herself in the context of his or her job. Some more definitions are listed below; Job satisfaction is defined Continue reading

Digital Transformation and Digital Leaders

Today’s businesses are always more interconnected via various networks and platforms as society in general is experiencing a Digital Transformation, this digitalization exposes businesses to new opportunities but also new threats. As the way business is conducted changes, the figure of leaders that lead organizations through the business ecosystems need to change obtaining a range of skills, abilities and behavior in order to be successful as Digital Leaders. So a question arises: Who is a digital leader? Digital leaders can be found across the organization in the various levels, from operational levels as operational managers, division level as divisional or line managers, executive level as executives such as CEOs, CIOs, or Board levels. Digital leaders are the new leaders that guide, empower and inspire employees throughout all the organization in order to successfully achieve the planned objectives. This are the same old leadership trait but this are executed in a Continue reading

Perfect Competition – Perfectly Competitive Market

Perfect competition is a market situation where large number of buyers and sellers operate freely and commodity sells at a uniform price. In such a situation no seller or buyer has any influence on the market price. In a perfectly competitive market, a firm is the price taker and industry is the price maker. Main Features of Perfect Competition The main features of perfect competition are as follows: There are a large number of buyers and sellers. Each seller must be small and the quantity supplied by any seller must be so insignificant that no increase or decrease in his output can appreciably affect the total supply and the market price. So also, each buyer must be small and the quantity bought by any of the buyers should be so insignificant that no increase or decrease in his purchases can · appreciably affect the total demand and the price. As Continue reading

Formula Plans in Portfolio Management

The investor uses formula plans to facilitate him in making investment decisions for the future by exploiting the fluctuations in prices. The formula plans have sketched the basic rules and regulations for purchasing and selling of investments. The formula plans make the average investors superior to others. These formula plans in portfolio management  are based on the fact that the investors will not have the problem of forecasting fluctuation in stock prices and will continue to act according to formula. So, formula plans are a type of investment strategy that makes use of pre-determined rules for the nature and timing of change in one’s investment portfolio as the market rises or falls. Rules for Formula Plans These plans work according to a methodology which is related for the working of each plan These plans cannot be used for short periods of time. The longer the period of holding the investments, Continue reading

Commodity Price Stabilization in International Business

Many developing nations exports are concentrated in only one or a few primary products and thus unstable export markets, worsening terms of trade, and limited access to world markets for the products can significantly reduce export revenues and seriously disrupt domestic income and employment level. In addition, many developing nations feel that developed nations tend to insist that developing nations open their markets to industrial products from the developed world, yet refuse to open their markets to agricultural goods from the developing world. For example, United States have used aggressive antidumping and countervailing duties to limit access to their markets. As noted, the export prices and revenues of developing countries can be quite volatile. In an attempt to stabilize export revenues and prices, International Commodity Agreements (ICA) have been formed by producers and consumers of primary products about matters such as commodity price stabilization, assuring adequate supplies to consumers, and Continue reading

Advantages and Disadvantages of FII Flows into a Country

Foreign Institutional Investors (FIIs) is used to denote an investor; it is mostly of the form of an institution or entity which invests money in the financial markets of a country. The term FII is most commonly used in India to refer to companies that are established or incorporated outside India, and is investing in the financial markets of India. These investors must register with the Securities and Exchange Board of India (SEBI) to take part in the market. Foreign investment refers to investments made by residents of a country in another country’s financial assets and production processes. After the opening up of the borders for capital movement, foreign investments in India have grown enormously. It affects the productivity factors of the receiver country and has the potential to create a ripple effect on the Balance of Payments of the country. In developing countries like India, foreign capital helps in Continue reading