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Articles, Economics, Subjects

Supply and Demand Curves

Understanding Price and Quantity in the Marketplace Almost every holiday season, the most popular “must have” toy is in short supply. And there’s usually a strong secondary market for the item – with parents paying well over the retail price just to make their children happy. Then, in January, stores reduce the prices of their […]

Articles, Communication, Subjects

Communication and Effective Communication

Boss to his employee -“I want you to bring the file to my table”. The boss left the poor employee confused as he forgot to mention the name of the file and the employee also didn’t bother to ask his boss. The boss did communicate to his employee but the message was not clear to his

Articles, Human Resource Management

Free Agents and the Human Resource Profession

Many futurists predict that the number of free agents will proliferate as market factors such as the growth of technology and the requisite increase in skills demand a different kind of work. For some, the workplace that grew out of the Industrial Revolution (the same event that necessitated the human resource function) will become obsolete, as people become

Articles, Entrepreneurship, Subjects

Brainstorming

Generating Many Radical, Creative Ideas Brainstorming is a popular tool that helps you generate creative solutions to a problem. It is particularly useful when you want to break out of stale, established patterns of thinking, so that you can develop new ways of looking at things. It also helps you overcome many of the issues

Articles, Project Management, Subjects

Project Management Triangle

Introduction: The project management triangle is used by managers to analyze or understand the difficulties that may arise due to implementing and executing a project. All projects irrespective of their size will have many constraints. Although there are many such project constraints, these should not be barriers for successful project execution and for the effective

Articles, Project Management, Subjects

Project Management Tools

Introduction Project management is one of the high-responsibility tasks in modern organizations. Project management is used in many types of project ranging from software development to developing the next generation fighter aircrafts. In order to execute a project successfully, the project manager or the project management team should be supported by a set of tools.

Articles, Communication, Subjects

5 mistakes of poor business communication

Everyone knows that effective business communication skills are a necessity for any successful manager. But what are the pitfalls of poor business communication skills by managers? 1. Lowered Efficiency Poor business communication skills can hamper the efficiency of your company or department through vague emails that need to be clarified, rewriting of vital documents, and

Articles, Risk Management, Subjects

RISK ANALYSIS TECHNIQUES

There may be some terminology and definition differences related to risk analysis, risk assessment and business impact analysis. Although several definitions are possible and can overlap, for purposes of this article, please consider the following definitions: •A risk analysis involves identifying the most probable threats to an organization and analyzing the related vulnerabilities of the

Articles, Subjects

MBA Programs in Luxury Management

For many people, the word “luxury” conjures up ideas of lavish hotels, yachts, and fast cars, just out of reach. Yet for others, luxury means business opportunities. More and more people are jumping into the luxury sector, trying to land jobs with top fashion houses, jewelry designers, and luxury auto companies. According to Anthéa Davis,

Articles, Subjects

Insurance and Risk Management

Insurance and risk management MBA subject contains for modules. The first module is about the basic principles of insurance, it deals with indemnity, insurable interest, materiality of facts, duty of disclosure, types of insurance and the principles that govern marketing of insurance products. The second module is about insurance regulatory that deals with registration of insurance companies,

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