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Aug
08

Business structures and success factors

When an individual or a group of individuals team up to achieve certain goals which are commercial in nature we consider them to be a business organisation. The business organisation may or may not be created for profit, and a non-profit organisation, solely created for the purpose of raising money and resources, to help in [...]
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Aug
08

The areas a global business must manage to survive

We live in a dynamic world where information and knowledge rule. Every move of a business should be a combination accurate decision making based on intensive research. This is especially true for those businesses who have a global presence and who have not only survived but also created an international brand name. The world of [...]
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Aug
08

The Eight Components of Supply Chain Management

Simple bread and butter with which we eat each day, actually gets to us through several processes. In this instance, bread begins its journey with the farmer who sows the seeds and sells the wheat to the businessman, who in turn sells it to the baker who bakes the bread. This is a description of [...]
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Aug
08

Business ethics from a UK cultural perspective

Along with the areas of progress in the global business environment, there has also been a rise in a multitude of ethical issues. Today, with growing awareness and complex business relationships, it is vital for each business to create codes of conduct and ethics that must be followed by each member of the organisation to [...]
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Aug
08

The impact of globalisation on international business

The world is evolving, and with it trade and businesses are undergoing a huge changes. Goods and services from any country are easily available all over the world, and while the roots of globalisation are pretty old, this facet is quite new. Globalisation can be defined as the easy availability of goods, connectivity amongst nations, [...]
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Aug
08

Some important characteristics of good corporate governance

“Corporate governance” defines the practices, processes, and structures through which an organisation manages its business. An organisation, through corporate governance, works to accomplish its operational, fiscal and strategic objectives while attaining longstanding sustainability. However, there are no set practices, as there are several factors that drive an organisation towards its objectives. The practices vary depending [...]
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Aug
08

Encouraging leadership over management

As defined by Stephen Covey, “Effective leadership is putting first things first” while “effective management is discipline, carrying it out”. This offers a brief glimpse on how leadership is different from management. We try to define a leader on the basis of a plethora of qualities such as; a leader should have the charisma, is [...]
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Aug
08

Non-verbal communication

Non-verbal communication does not require the use of words. Although one may consider verbal communication as a more important way of communicating thoughts and ideas, it is, in fact, the non-verbal mode of communication that does half the job even before a word is spoken. Hence the importance of non-verbal communication cannot be denied. Let’s [...]
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