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Mitigate Risks To effectively reduce supplier risks, whether in terms of operations, unforeseen cost implications, or regulatory compliance, you need increased visibility. Vendor management can …

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 …

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 …

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 …

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 …

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. …

The system helps the business organizations to achieve their goals. A business system is a combination of policies, personnel, equipment and computer facilities to co-ordinate …

Old Concept of Business In the old days the business was conceived merely in terms of busi­ness. The business of business is business. In those …

Also referred to as a secondment or transfer, an assignment might be internal (to a different role abroad with the same employer) or to an …

A multicultural organization is one that has a workforce which includes people from diverse backgrounds across all departments, and which offers them equal opportunity for …