All companies both publicly traded and private limited engage business transactions each and every day to their clients and related parties. The purpose of financial information is to have a clear understanding about the business performance for a given time period. Business and managers need financial information in various different purposes. Financial information provides many …
Category Archive: Business Strategy
Permanent link to this article: http://icabtutorial.com/why-do-business-and-managers-need-financial-information/
Jan 21
Why Companies Buy Back Stock
Repurchasing of stock is an alternative to paying out dividend to shareholders. In the process of stock repurchase, the firm pays cash to repurchase stocks from the market in order to reduce the number of outstanding shares in the market. It also may be done through treasury stock method. The stock repurchase option has been …
Permanent link to this article: http://icabtutorial.com/why-companies-buy-back-stock/
Jan 16
Benefits of ERP Solutions
The enterprise resource planning system is a computer based integrated system used to handle the business activities efficiently. Generally, every ERP system combines traditional managerial approach into mechanized and integrated approach controlled through technical know-how and improved technology. Improved Business Process Integration: Enterprise resource planning system is consist of different kinds of modules where a module …
Permanent link to this article: http://icabtutorial.com/benefits-of-erp-solutions/
Jan 16
Why International Business is Important for Economic Development
International business plays an important role in the economic development of a country as it gives greater businesses opportunity to sell the goods and services they produce. When a business organization is dependent on its domestic market, it is more likely to failure in this domestic market. Capable of selling internationally significantly reduces the chances …
Permanent link to this article: http://icabtutorial.com/why-international-business-is-important-for-economic-development/
Jan 09
Why Central Bank Conducts Open Market Operations
Open market operation is the most powerful instrument for the central bank to conduct open market operation to buy and sell in open debt markets and government securities for its own account. These securities may be treasury securities, treasury bonds, treasury bills and other kinds of debt securities. The central bank prefers to use treasury bills …
Permanent link to this article: http://icabtutorial.com/open-market-operation/
Jan 09
What is Bank SWIFT Code
SWIFT stands for Society for Worldwide Inter Bank Financial Telecommunications. SWIFT is a process of sending encrypted financial messages among its member banks and financial institutions. SWIFT is used by its member banks and financial institutions for ensuring security. The message of swift could not be stolen in order to gain illegal access to targeted …
Permanent link to this article: http://icabtutorial.com/what-is-bank-swift-code/
Jan 05
Theory of Operations Management
As operations management deal with the improving manufacturing performance of a firm, it involves the responsibility of assuring that a firm’s operations are well-organized through the proper utilization of resources that the customers’ needs and demands can be fulfilled in an efficient manner. The primary purpose of operations management is to convert raw materials into …
Permanent link to this article: http://icabtutorial.com/theory-of-operations-management/
Jan 05
How Stakeholders Influence on Business Activities
A stakeholder is someone who has a direct or indirect stake in the business organization. As operations management deal with many different types of stakeholders, stakeholders either affect the business operations or they affected by it. There is a range of stakeholder who affected by operational management problem, can be listed below:- Stakeholders Influence on …
Permanent link to this article: http://icabtutorial.com/how-stakeholders-influence-on-business-activities/
Nov 26
What are the General Sources of Secondary Information
The important sources of secondary information useful for market and demand analysis are given below: Census: A decennial publication of the Government, it provides inter alias, information on population, demographic characteristics, household size and composition and maps. Plan reports: plan report issued by the planning commission usually at the beginning, middle and end of the five years …
Permanent link to this article: http://icabtutorial.com/what-are-the-general-sources-of-secondary-information/
Nov 26
Differences between Project Management and Operations Management
There are some distinct differences between project management and operations management. These differences are presented below Project management is a temporary activities or a process, whereas operations management is a ongoing activities or process. Project management is unique task in nature, on the other hand operations management is repetitive task in nature. Project management’s purpose …
Permanent link to this article: http://icabtutorial.com/differences-between-project-management-and-operations-management/
Follow Us!