The areas a global business must manage to survive
We live in a dynamic world where information and knowledge rule. Every move of a business should be a combination accurate decision making based on intensive research. This is especially true for those businesses who have a global presence and who have not only survived but also created an international brand name. The world of […]
How to identify your own skillset
Skills are indispensable. In order to secure employment, skills are as important as your degrees. They are the distinguishing factors that make you employable. There is intense competition in the employment market for both graduates and post-graduates. Thus, it becomes imperative for each student and job seeker to identify their core skillset. Skills that can […]
Corporate governance in business
Good corporate governance is about maximizing shareholders value on a sustainable basis while ensuring fairness to all the stakeholders: customers, vendors-partners, investors, employees, government and society’ – Narayana Moorthy. The corporate governance framework The corporate governance framework of practices and rules helps the directors of an organisation to ensure fairness, accountability and transparency in its relationships […]
What are the skills that an employer seeks?
Considering the extremely competitive job market, and lack of skilled resources, it is imperative to display the right skills that an employer seeks. Skills do not refer to your academic/technical qualifications or the degrees that you possess. Of course, these degrees define your capability, but skills are finer details that make you employable. Being employable […]
The Start-up culture
The world of business is full of uncertainty and chaos, and the only way a start-up can change that is by innovating. Continuous innovation, challenging set norms and optimisation of available resources are what the world of start-ups is made up of. This community is always confident and optimistic about the future. In a start-up […]
The impact of SMEs in the global economy
Small and medium enterprises, or what in the popular parlance are called SMEs, has long been accepted as the engines of economic growth and development. The impact of SMEs in the global economy is a very crucial role in the construction of a society which is free of poverty. The reason is that they not […]
What are the possible legal structures for your business in the UK
As soon as you are set to begin a new venture, you must consider how each decision will affect the growth of your business. The first decision that you must consider is the structures for your business. This structure must also align with the legal structure for your business. Focus on the pros and cons […]
Explain the different types, size and scope of organisations
Different types, size and scope of organisations: Differences between for profit and not for profit and non-government organisations (NGOs) Micro, small, medium-sized enterprises (SMEs). Different business purposes, objectives and supply of goods and services The range of legal structures associated with different forms of business: sole traders, partnerships and private limited companies Differences between for […]
Some effects of globalisation on business
The global economy is steadily integrating. This is leading to globalisation of various national economies. Some of the effects of globalisation on business can be seen in for example the automobile industry. There was a time when importing foreign-made cars were rare in the US, and such imports were either exotic or exorbitant. The 21st […]
Business plan – an entrepreneurial perspective
Every new business venture begins with a lot of passion, hard work and most importantly, a plan. Whether it is a start-up or an established business, a business plan ensures that a roadmap is ready to analyse and understand the various nuances related to the business. In fact, when an entrepreneur begins their adventurous journey […]