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

An Overview of Electronic Cash

The World is moving rapidly with vastly changing technological developments and innovations. We are currently experiencing an era, where everything is getting automated and digitalized. Along with this technological transition, international monetary system is one significant aspect that is getting transferred from its current state of paper based monetary system to electronic monetary/cash system. According to the 1994 report of European Central bank, electronic cash can be defined as an electronic store of monetary value on a technical device that may be widely used for making payments to undertakings other than the issuer without necessarily involving bank accounts in the transaction, but acting as a prepaid bearer instrument. Like the serial number on general dollar bills, electronic cash issued by a bank or any other institution will also consist a unique number and will represent a specified value of real money. Hence with the current accelerated phase of changes and Continue reading

Abey Francis

Difference Between Business Strategy and Corporate Strategy

Business Level Strategy Business level strategy concentrates on developing a firm specific model that will allow the firm to gain competitive advantage over its rivals in the industry such as in which it operates. Business strategy would focus on improving its competitive position of a company’s or business unit’s products within the specific industry or market segment that the company and/ or its business units serve. The question explored in business level strategy is: How a company can best be competed in the industry that they are in? For an example Honda motors, Japan has a domestic market for its products and also it operates internationally. Thus business strategy should be crafted focusing on the ways of how it out beat the domestic competitors who operates both in the domestic market and as well as the in the international market like Mazda, Mitsubishi, Suzuki, Toyota and Nissan and competitors in Continue reading

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Theories of Foreign Exchange

Every country has a currency different from others. There is no common  medium of exchange. It is this feature that distinguishes international trade  from domestic. Suppose the imports and exports of a country are equal, the  demand for foreign currency and its supply conversely, the supply of home  currency and the demand for it will be equal. The exchange will be at par.  If the supply of foreign money is greater than the demand it will fall below  par and the home currency will appreciate. On the other hand, when the  home currency is in great supply, there will be more demand for the foreign  currency. This will appreciate in value and rise above par. Economists have propounded the following theories in connection  with determination of rate of exchange (Theories of Foreign Exchange).   1. Mint Par Theory Mint par indicates the parity of mints or coins. It means that Continue reading

Abey Francis

Concept of Attitude in Consumer Behavior

An attitude describes a person’s relatively consistent evaluations,  feelings, and tendencies toward an object or an idea.  Attitudes put people into a frame of mind for liking or  disliking things and moving toward or away from them.  For example, many people who have developed the attitude  that eating healthy food is important perceive vegetables as a  healthy alternative to meat and chicken. As a result, the per  capita consumption of vegetables has increased during recent  years, leading the meat and chicken producers to try to  change consumer attitudes that chicken and meat are unhealthy.  Companies can benefit by researching attitudes toward their  products. Understanding attitudes and beliefs is the first step  toward changing or reinforcing them.  Attitudes are very difficult to change. A person’s attitudes fit  into a pattern, and changing one attitude may require making  many difficult adjustments. It is easier for a company to create  products that are Continue reading

Abey Francis

Introduction to Radio Frequency Identification (RFID)

In past few recent years, the automatic identification techniques have become quite more than popular and they have also find their places into the core of service industries, manufacturing companies, aviation, clothing, transport systems and much more. And, it’s pretty clear by this point of time that the automated identification technology especially RFID, is highly helpful in providing information regarding the timings, location and even more intense information about people, animals, goods etc. in transit. RFID is responsible for storage of large amount of data and is reprogrammable also as in contrast with its counterpart barcodes automatic identification technology. In everyday life, the most common form of an electronic data-carrying device if often a smartcard which is probably based upon the contact field. But, this kind of a contact oriented card is normally impractical and less flexible to use. On the contrary, if we think of a contactless card with Continue reading

Abey Francis

Future Flow Securitization

Securitization of the future flow-backed receivables is a new phenomenon in developing economies. Future Flow Securitization has grown in emerging markets in response to finding lower cost funding instrument by investment grade firms in the emerging market economies where their abilities were hampered by sovereign rate ceiling. While many of these companies historically relied on bank loans, or straight debts syndicated by major foreign banks in the past, rising volatility of interest rates and foreign exchange rates as well as reduced risk tolerance of major lenders have pushed these institutions (sovereign and private companies) toward an alternative vehicle such as future flow securitization. Future flows, have successfully mitigated a variety of the risks associated with emerging-market investments, and consistently remained the most viable type of rated transactions for funding in emerging-market countries. Future Flow Securitization Model Future Flow Securitization  involves the borrowing entity to sell future receivables that would have Continue reading

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