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

Important Types of Price Elasticity of Demand

Generally, consumers and sellers react differently in the market in response to a given change in the price of some products or services. In most cases, especially where the goods produced are elastic, when the prices of such commodities increase, customers counter the adjustment by lowering the quantity of the goods they consume. Similarly, if the cost decreases, buyers are likely to purchase a good volume of the product being offered. In other words, the consumption of the goods moves in the opposite direction from the prices. The products that portray such behavior are mainly consumer durables that customers can postpone their usage when the prices increase too high. For instance, assuming the cost of a car increases, the buyer may opt not to buy the product, thus reducing the number of items sold significantly. By understanding the concept of price elasticity of demand, such as various types and critical factors Continue reading

Abey Francis

Top Tips For Managing Your Credit

Credit is a useful tool to extend your wealth and allow you to reach commodities you wouldn’t be able to before. Vacations, extravagant gifts, and fun activities might not be affordable to you without the help of credit. However, if you don’t manage your credit correctly, you can easily fall behind on payments and start getting into debt. To help you avoid paying more than you need to, here are some tips you should always keep in your mind. Consolidate Your Loans The first thing you need to do is collect all of your debts and put them into one place. This “one place” should be a consolidation loan. The idea is to make the loan as easy to understand as possible. Instead of having two loans with one bank, a credit card with another, a store card, and more, you take out a loan designed to pay the other Continue reading

Abey Francis

The Efficient Markets Hypothesis (EMH)

Market Efficiency The concept of market efficiency was first developed in the finance literature and its full form was first explained by Engene Fama. But now-a-days this concept is being used in other areas also.  Market efficiency implies that prices reflect all available information, but it does  not imply certain knowledge.   Many pieces of information that are available and reflected in prices are fairly uncertain.   Efficiency of markets does not eliminate that uncertainty and therefore does not imply perfect forecasting ability.  By definition then there should not exist any unexplained opportunities for profit. “An ‘efficient’ market is defined as a market where there are large numbers of rational, profit-maximizers actively competing, with each trying to predict future market values of individual securities, and where important current information is almost freely available to all participants. In an efficient market, competition among the many intelligent participants leads to a situation Continue reading

Abey Francis

Promotional Pricing – Meaning, Types, Advantages, and Disadvantages

Marketing includes a very important concept that is marketing mix; it has four major components that are promotion, people, price, and place. Nevertheless, in the marketing mix after the product, the second most important factor is the kind of price that is being used. This is because the distribution and the promotion mix can be modified by the kind of pricing being used. It can be an enormous job to set up the correct price for products and services while establishing a new company and it could be equally for a company that has a year of existence on the market. The problem could be that if prices are set too high, the risk may be losing customers or customers may not be interested in the product at all. If prices are set to low, the risk may be not returned on the investment and extremely low margins. Before establishing Continue reading

Abey Francis

Necessity for Alignment between Corporate Strategy and HR Strategy

Current business environmental forces such as competition, innovation, globalization, technological advancement etc has created major impact on organizational behavior. These changes come in different forms. Sometimes it required to reorganize the structure of the organization and due to this organization may have to introduce new roles and new people. Sometimes it may require to change the culture of the organization. In all these situations HRM function plays a major role. Further recent development of new concepts such as knowledge workers has increased the complexity of HRM function. Nowadays HR has become strategic assets for organizations. From an IT company’s view point intellectual property that is knowledge of the software developers is crucial for their business than the physical asset of the company. This importance has heightened due to the transition of old economic conditions to knowledge based economy where it considers the intellectual property as one of key success factors Continue reading

Abey Francis

Structuring Phase of the Acquisition Process

Once the target firm has been identified and valued, the acquisition moves forward into the structuring phase. There are three interrelated steps in this phase. The first is the decision on how much to pay for the target firm, synergy and control built into the valuation. The second is the determination of how to pay for the deal, i.e., whether to use stock, cash or some combination of the two, and whether to borrow any of the funds needed. The final step is the choice of the accounting treatment of the deal because it can affect both taxes paid by stockholders in the target firm and how the purchase is accounted for in the acquiring firm’s income statement and balance sheets. Deciding on an Acquisition Price The  value determined in consideration of synergy and control represents a ceiling on the price that the acquirer can pay on the acquisition rather Continue reading

Abey Francis