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Financial Accounting vs Management Accounting

Financial accounting is concerned with providing financial information about the company’s performance. Management accounting is concerned with generating …

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 …

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 …

A Crash Course on Foreign Exchange Markets

The demand for one currency into another decides the fluctuation of foreign exchange transactions. The foreign exchange markets have many different …

Experiential Marketing

Experiential marketing is a marketing tactic where the customer is given chance to experience the product and resulting emotional reactions makes him purchase …

Special Drawing Rights and The Floating Rate Era

Special Drawing Rights which is also known as SDRs were created by the IMF as a reserve asset in 1970. Apart from being an international reserve asset it plays …

The International Monetary Fund (IMF)

The International Monetary Fund (IMF) is the international organization which thoroughly oversees the global financial system by following the macroeconomic …

The Great Person School of Thought of Entrepreneurship

School of thought is the way of thinking about a subject matter and for a certain subject matter there can be more than one school of though. Entrepreneurship …

A New Model on Strategic Management

Strategic Management is the process by which the organization identifies its desired level of performance and developing/executing an action plan to achieve …

Strategic Management vs Operations Management

Strategic management is the process of understanding the business environment, developing the desired state of performance and implementing strategies to …