Characteristics of vendor process capability
1. Accountability for quality issues Admitting to a mistake can be difficult. But when your goods are on the line, working with a quality supplier that takes responsibility for their […]
Handling the Vendor process capability
With value taking precedence over cost, vendor management is about transforming your organization’s vendor relationships from simple supply-and-demand into mutually beneficial partnerships. This requires intelligent strategy, careful planning, and no […]
Introduction to process capability
Process Capability (Cp) is a statistical measurement of a process’s ability to produce parts within specified limits on a consistent basis. To determine how our process is operating, we can […]
Institution: Chambers of Commerce and Industry in India
Indian Chambers of Commerce The government of India has a Ministry of Commerce and Industry and a Ministry of Finance to look after the well-being of its trade sector. But […]
International Business Risks
Risk happens on account of uncertainty about happening of an event like loss, damage, variations in foreign exchange rates, interest rate variations, etc. Every business manager is always risk averters, […]
Transnational Corporations (TNCs)
A transnational corporation, also known as a multinational corporation, is a corporation that has a home base, but is registered, operates and has assets or other facilities in at least […]
Multinational: Concept and Role of MNCs
A multinational company is one which is incorporated in one country (called the home country); but whose operations extend beyond the home country and which carries on business in other […]
Government and Business Interface: Rationale
The government of any country can influence. Its international business significantly. Government intervention for the purpose of protecting domestic industries usually results in less movement of goods and services across […]
Roles of Small Business
In selecting industries for development in a new country attention should be given to those industries which create conditions favourable for the growth of other industries since this method will […]
Small Business: Concept and Scope
Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as “small” in […]
Private Equity
Private equity is an alternative investment class and consists of capital that is not listed on a public exchange. Private equity is composed of funds and investors that directly invest […]
Recent Trends in Financing
Massive Investments in Digital Transformation Experiences with non-banking industries such as retail and communications have shaped consumers’ expectations from banks and credit unions. As customers become more digital, more demanding […]
Types of Companies
Types of Companies Based on the Mode of Incorporation Companies can be classified into three types based on whether they are created by a special act, special order, or are […]
Cooperative Organization
A cooperative organization is an association of persons, usually of limited means, who have voluntarily joined together to achieve a common economic end through the formation of a democratically controlled […]
Partnership Firm
According to the Oxford Dictionary for the Business World. “Partner is a person who shares or takes part in activities of another person. Partnership is an association of two or […]
Joint Hindu Family Firm
The Joint Hindu Family Business is a distinct form of organization peculiar to India. Joint Hindu Family Firm is created by the operation of law. It does not have any […]
