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Managing an Organization is no less than driving a ship through a sea with mine infected areas. At any point in time, a crisis can strike, and it takes good leaders to cope up with the situation and lead the team to success. Organizations led by leaders with inadequate leadership skills and crisis management easily succumb to external pressure causing great damage not just to the organization head but also to people associated with them. Other than...
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Strategy essentially involves competing to be unique. It is the key to achieving goals through proper planning, resourcing, implementation and evaluation of various strategy management tactics. The strategy is essentially the choices an organization makes, that defines what markets to be served and how to gain a competitive advantage in the marketplace. The strategy involves taking basic directional decisions for organizational purposes and missions....
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The advancement of business investigation as an expert control has developed the part and obligations of the business analyst (BA). Progressively, BAs are connected with an early point. They research thoughts and issues, detail choices for a path forward and create business cases setting out their decisions and suggestions. Therefore, the obligation regarding exhorting associations on successful game-plans lies with BAs, and their work goes before...
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Statistics has been derived from the Latin word 'status, an Italian word 'statist' or a German word 'Statistic', all of which means a 'political state'. The use of statistics has been employed in various fields like biostatics, agriculture, economics, sociology, business management etc.
The field of statistics is not afresh, and its beginning can be dated back to the times of the beginning of the human activities. However, the utilization of statistics...
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How does one turn into a CEO? Is there a specific outline to follow in order to achieve this prestigious title? What expert and individual attributes are essential for the position? In fact, anybody can fill the CEO opening, yet regularly the individuals who have separated themselves in some way and have solid initiative attributes wind up landing the position.
This book is a complete guide on how to become a successful CEO covering the following...
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Turbulent times occur due to crises, which can happen at any
time and in any organisation. Even if the firm is doing well today, it does not eradicate the possibility of the firm being thrown into trouble in the nearest future. No one can predict the future. While leaders of a company are enjoying the good times, they should equally consider the possibility of turbulent times; as a result, they should prepare for eventualities. They should get themselves...
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As we approach the twenty-first century, the requirement for
business planning has never been clearer. Organizations today
stood up to with expanding aggressive weights, perpetually
requesting clients, and quickening and intermittent change.
Given the new economic substances, planning can't be a
dynamic activity or a formal movement. Planning must shape
the establishment guaranteeing that the business will involve
those activities required to set...
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To many people, economics is as confusing as physics. Just as
we use physics every day even if we don't know its technical
aspects, we all use economics on a daily basis even if we don't
know its technical aspects. Yet, unlike physics, introductory
Economics is not as difficult as it might appear at first.
However, it is true that economists speak a different "language"
in the sense that we often use terms that are not common in
everyday conversation.
For...
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Macroeconomic forces affect all of us in our daily lives. Inflation rates influence the prices we pay for goods and services and, in turn, the value of our incomes and our savings. Interest rates determine the cost of borrowing and the yield on bank accounts and bonds, while exchange rates affect our command over foreign products as well as the value of our foreign assets. And all of this represents just the tip of the iceberg. Numerous macro variables-ranging...
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Bringing under consideration a significant time span, this brief history of economics is an ideal course for acquainting understudies with the field. This course represents how the thoughts of the considerable economics experts affected social orders along with themselves moulded by their social situation. Not does this course only discuss the history of economics but also talks upon the following topics:
Introduction to economics
Basics of economics
Monopolies,...
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Managerial accounting is considered one of the most important parts of any organization. With the help of this department, an organization or an enterprise can reach new levels of heights and successes. It is very helpful and beneficial for the progress of the business of any firm. There are many other departments of accounting which are available and considered very vital and significant. These departments are there to provide a better efficiency...
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Nonconscious, unconscious, or subconscious?Brain versus mind: The word brain tends to be used whenpeople talk about anatomical structures or circuitry in the brain.The term mind tends to be used to refer to the subjectivecognitive states a brain creates. For example, the prefrontalcortex is an anatomical part of the brain, but attention is acognitive "state of mind" produced by activity in the brain.Generally, we use these terms interchangeably. We...
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To Take good decisions to not to face uncertainty, mathematical finance, helps quite a lot. Building on the mathematical models of bonds and the stocks prices, simulation theories for mathematical financing vary with leads in different directions: Black—Scholes arbitrage pricing of options is one of the significant revealing theories used extensively in mathematical financing research and studies. Markowitz portfolio optimization for a Capital Asset...
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The massive movement within Economics itself is largelyresponsible for the bridging that neuroeconomics provided foreconomics and psychology. Recent models in economics(Benhabib & Bisin 2005, Bernheim & Rangel 2004, Brocas &Carrillo 2006, Fudenberg & Levine 2006, Loewenstein &O'Donoghue 2004) have come to embrace a multiple systemsperspective, which has long been popular among psychologists(Chaiken & Trope 1999, Posner & Snyder 1975, Schiffrin &Schneider...
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Forex trading is required not only by established businessman but is also of great use for a common man. Where businessmen work on a larger scale, that is, need to make payments or receive ones. The common man makes use of forex trading while travelling aboard. But the question arises is, what actually forex trading is and how does it work? To find it out all, read this book which comprises of the following topics:
An introduction to forex trading
History...
16) Team Building
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Successful team building that exists in any workplace is involved with more than simply the creation of a successful team that has been given, instead of creating or building an entire ideal team from the beginning. There are particular core principles that are linked to effective team building that can help any organization or work situation get the best outputs out of any team that has to be managed.
By adopting the effective methods of team building,...
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It is not a secret that to attain success in investment, an investor would have to buy at low and sell high. Perhaps the problem is that most people lack psychic power. There are experts who can tell about some of the most common mistakes investors make and while it is easy to chase the hot possessions, it is the less obvious pitfalls to look out for.
Because these less obvious, and sometimes almost negligible snares can lead to bigger consequences.
It's...
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Nobody can deny the importance of currency in the financial or economic world. With the advancements in technology, there was a need for some digital way to store data. Then Blockchain arrived and changed the thinking of people and businesses. Yes, Blockchain is definitely a breakthrough in the digital financial world and it is going to be the stronger technology for future generations.
Big companies, as well as businesses, have felt the importance...
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There is no simple way to explain how economy works. Economy depends on various factors. The economy of the USA is not same as the economy of India. Globalization is real but still different countries have different economy even today. Argentina once faced a huge economic crisis, and in time to time, there were global economy crisis. Productivity, transactions, demands decide the economy. There are multiple theories of how the economy work. Economy...
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To define productivity at the workplace in simple words, it is about how efficiently an organization's employees achieve their company's goals and objectives and produce best goods or services to meet their customers' demands and expectations.
Maintaining great levels of productivity at the workplace can help the companies in reducing expenditures, increase the satisfaction level of customers and other stakeholders, go for expansion plans, and stay...
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