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

Total, Average and Marginal Revenues

When a firm undertakes the task of production and purchases inputs it incurs cost.   Having produced the output, on selling it the firm earns some income.   The income  receipt by way of sale proceeds is the revenue of the firm.  We can study the concept of revenue by distinguishing between total revenue, average revenue and marginal revenue. Total Revenue (TR) Total revenue is the sale-proceeds or the aggregate receipts obtained by the firm for selling its product.   Each unit of output sold in the market fetches a price and when this price is multiplied by the number of units sold we obtain the total revenue. Thus the total revenue depends on two factors: The price of the product (P) The units of output sold (Q) Thus, Total Revenue = Price x Quantity sold or, TR = P x Q   For example, if the price of one Continue reading

Abey Francis

Market-Neutral Alternative Funds: Advantages and Disadvantages

Advantages of Market-Neutral Alternative Funds One of the vital advantages characteristic of market-neutral alternative funds is the lowest correlation rate compared to other assets. Even though the return pattern would change for the organization over time, it would still have the opportunity to mitigate risks by combining different strategies based on market-neutral alternative funds. Investment options are not being seen as the essential way of creating a fortune in this case because investors do not associate themselves with fortunes. This is usually done to reduce the impact of the broader market on the organization and create a cushion for the company that would protect the lower levels of correlation from increasing drastically. Overall, market-neutral alternative funds are advantageous for correlation rates because they broaden the list of asset classes that are eligible for improvement. A decreased level of volatility is another benefit typical of market-neutral alternative funds. Investment lineups of Continue reading

Abey Francis

Why Firms not Consider Profit Maximization as their Financial Objective?

Profitability objective may be stated in terms of profits, return on investment, or profit to-sales ratios. According to profit maximization objective, all actions such as increase income and cut down costs should be undertaken and those that are likely to have adverse impact on profitability of the enterprise should be avoided. Advocates of the profit maximization objective are of the view that this objective is simple and has the in-built advantage of judging economic performance of the enterprise. Further, it will direct the resources in those channels that promise maximum return. This, in turn, would help in optimal utilization of society’s economic resources. Since the finance manager is responsible for the efficient utilization of capital, it is plausible to pursue profitability maximization as the operational standard to test the effectiveness of financial decisions. However, profit maximization objective suffers from several drawbacks rendering it an ineffective decisional criterion. These drawbacks are: Continue reading

Abey Francis

Relevance of Ethics in the Age of Technology

Unprecedented in its speed and scope, scientific and technological progress is one of the most obvious realities of the modern time. Technology enormously increases the productivity of social labor, expanding the scale of production. It has achieved incomparable results in mastering the forces of nature. Moreover, technology has become the basis of the complex mechanism of the modern development. A country that fails to provide a sufficiently high rate of scientific and technological progress and incorporate its results in various areas of public life is condemned to be a underdeveloped and dependent state with a subordinate position in the world. In the recent past, it was common to praise the scientific and technological progress wildly as the sole source of the overall progress of the humankind. It is the view of the scientism, especially the natural sciences, as a superior and absolute social value. However, the rapid development of science Continue reading

Abey Francis

Case Study of Apple Inc: An Apple for Your Enterprise

Apple Macs have made their way out of the art department and into the offices of accountants, salespeople, manufacturing planners and top executives. “We’re seeing more requests outside of creative services to switch to Macs from PCs,” notes David Plavin, operations manager for Mac systems engineering at the U.S. it division of Public Group SA, a global advertising conglomerate. For it managers across all industries – even those with a well established and stalwart Windows user base – the question is no longer whether you’ll need to design and support a Mac computing strategy. the only question is how quickly. You may already be a little late to the game. According to Forrester, business adoption of Macs tripled last year. What’s more, this will surely accelerate as companies hire more Gen Y workers. Coming through the door in those backpacks are a slew of consumer technologies and wireless personal productivity Continue reading

Abey Francis

8 Risks Faced by Modern Banks at the Present Competitive Business World

The unanticipated part of the return, that portion resulting from surprises is the true risk of any investment. If we always receive what we expect, than the investment is perfectly predictable and, by definition, risk-free. In other words, the risk of owning an asset comes from surprises-unanticipated events. RISK is a concept that denotes the precise probability of specific eventualities. It is simply the future uncertainty and not only the incidents of predictable outcomes but also the unpredictable favorable outcomes. All the firms or companies whether it is in real or providing service are facing some sort of risk at present competitive business world to run its business. Banks are one of them in these regard and it is facing possibility of risk in terms of money and their achieved reputation. Bank is a financial institution that primarily deals with borrowing and lending money from the people by the people Continue reading

Abey Francis