Enterprise Resource Planning Culture

We have seen the different objective, phases and strategies for implementing an ERP system. Yet many ERP implementations fail miserable during the initial stages of …

Flow of fund Matrix

The national income accounts do not tell anything about monetary or financial transactions whereby one sector places its savings at the disposal of the other …

Financial intermediation

It works as follows: Savers (lenders) give funds to An intermediary institution (such as a bank), who then gives those funds to Spenders (borrowers) This may be in …

The Contract Labor Act 1970

The Contract Labour (Regulation and Abolition) Act 1970 was enacted as a Central law aimed at regulating the conditions under which contract labourers work and …

Understanding, Learning, Training, Development and Education

Quality performance from the workforce is the need of every organization to stay in business in today’s competitive environment. There is nothing wrong if the …

Standard Costing and Variance Analysis

In fast growing business world, major goal of organizations is to reduce the cost of production and control the cost as there are limited resources …

ROUTER

Computer device that determines the best path out of the available path for a transmission. 2 main Softwares used in it: 1. Operating System 2. …

Customer Services Goals, Logistics Planning

Customer Services Goals Customer service is all about establishing a good relationship with your customer. If the representative is knowledgeable and pleasant to work with, …

Exchange Rate Risk & Cost of Capital

Exchange Rate Risk  VIEW As it is evident from the name, cost of capital refers to the weighted average cost of various capital components, i.e. sources …

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