Tag Archives

Cost Units and Composite Cost Units

The term “Cost Unit” can be defined as a unit of product or service in relation to which costs are ascertained. As an example cost unit for a mobile …

Sandwich Model of Marketing : An Example from KIK Cola

“Preface: This post is not intended to carry out any sort of marketing for any organization. It is posted with the intention of explaining the model to …

Introduction to JIT (Just in Time) Concept

JIT in time concept was initiated in Japan making the Toyata as its mater piece. JIT is system whether company starts manufacturing/purchasing once the …

Minimum Variance Portfolio and the Efficient Frontier

Minimum Variance Portfolio The minimum variance portfolio theory was adopted from the Portfolio Theory where the variance level of a portfolio is adopted to …

Jaws Ratio

Jaws ratio is defined as the difference between the percentage growth in income and the percentage growth in expenses. It is a key indicator of financial …

Basic Accounting Concepts

These are the broad basic assumptions under which financial statements are prepared and these principles are used by the entire profession in preparing …

Roles and Responsibilities of Human Resource Department/Manager

Human resource (HR) department deals with wide range of activities from strategic planning level to the day to day operations level. Therefore defining roles …

PESTN Analysis

PESTN analysis is used to analyse in analysing the cusrrent state/position in the organization in relation to its external environment. As the beginning of the …

What is Triple Bottom Line of a Business?

When it comes to "bottom line" of a business all what we recall is the profit of an organization and now new concept introduced called "triple bottom line"

4C model of Situational Analysis

At the initial stage of strategic management process company needs to identify its current position and this is called as "situational analysis". (Refer the …