July 2022

Exchange Rate Risk

Types of Exchange Rate Risk

Currency rate fluctuations influence the value of organization’s revenues, expenses, cash flows, assets, and liabilities. Calculation of Currency rate fluctuations for Business organisations with foreign entities, are based on several transactions. It includes exports, imports, borrowing, lending, portfolio investment and direct investment among other things. So an organisation need to know different types of Exchange […]

Types of Exchange Rate Risk Read More »

Change Management

What is Change Management

Change Management is a process which facilitates organizational transitions in human elements, practices, procedures etc of your company. Hence what is change management refers to the process of creating awareness about the natural resistance felt during the process. People, process and system together forms an Organization and it’s existence depends on the proper interdependency between

What is Change Management Read More »

What is Accounting

What is Accounting ?

The easy answer to the question, what is accounting, is that it is a business language. Language refers to a technique of communication. As a result, the goal of this is to communicate or report the outcomes of corporate activities and their varied elements. The General Definition is. “Accounting is the art of recording, classifying

What is Accounting ? Read More »

What is Business Intelligence

What is Business Intelligence ?

Business intelligence (BI) is a collection of concepts, approaches, processes, structures, and technology that transform raw data into meaningful and valuable information for business purposes.  BI refers to a collection of strategies that aid in identifying, locating, and examining the best data from a vast quantity of data. The main purpoe of BI is to

What is Business Intelligence ? Read More »

GAP Analysis in Business

GAP Analysis in Business

As a business owner, are you certain that your company is operating in accordance with the standards expected of it?  And did you consider GAP analysis in business to confirm this? Gap analysis in Business generally defined as the practice of evaluating the discrepancies between standards and how those standards are delivered. The reality that

GAP Analysis in Business Read More »

Swot Analysis

What is SWOT Analysis

One of the most common inquiries in the business world is, “What is SWOT analysis?” and the SWOT Analysis is the most well-known method for auditing and analyzing a company’s overall strategic position and its surroundings. Its primary goal is to find the methods that will result in a company-specific business model that best aligns

What is SWOT Analysis Read More »

Intrapreneurship in Business

Intrapreneurship in Business

Most of you know the word Entrepreneurship. But how many people know the word  Intrapreneurship in Business ? Entrepreneurship can be described as a process of action an entrepreneur undertakes to establish his enterprise. Entrepreneurship is the attitude of mind to seek opportunities, take calculated risks and derive benefits by setting up a venture. It

Intrapreneurship in Business Read More »

Penetration Pricing

What is Penetration Pricing?

Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price when the company is new or when a new product is introduced. This method is frequently used to gain market share quickly by initially setting a low price to entice customers to

What is Penetration Pricing? Read More »