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Tag Archives: Management

Value added tax (VAT)

VAT

Value added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution. The manufacturer ...

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Social Compliance Management

Social compliance Management

Social Compliance is the Result of conformance to the rules of social accountability by the extended organization including not only the organization’s own policies and practices but also those of its supply and distribution chains. It is a continuing process in which the involved parties keep on looking for better ways to protect the health, safety, and fundamental rights of ...

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Branding

branding

Branding is the marketing practice of creating a name, symbol or design that identifies and differentiates a product from other products. Consistent, strategic branding leads to a strong brand equity, which means the added value brought company’s products or services that allows you to charge more for your brand than what identical, unbranded products command. It is the process involved ...

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Capital market

Capital markets

Capital Market is a market in which individuals and institutions trade financial securities. Organizations/institutions in the public and private sectors also often sell securities on the capital markets in order to raise funds. Thus, this type of market is composed of both the primary and secondary markets.  Traditionally, this has referred to the market for trading long-term debt instruments (those that mature in more than ...

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Total quality management (TQM)

Total Quality Management

Total quality management (TQM) was developed by William Deming, a management consultant whose work had great impact on Japanese manufacturing. Total Quality Management (TQM) is a comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback. TQM is a holistic approach to long-term success that views ...

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Compensation management

Compensation Management

Compensation is the remuneration received by an employee in return for his/her contribution to the organization. It is an organized practice that involves balancing the work-employee relation by providing monetary and non-monetary benefits to employees. Compensation is an integral part of human resource management which helps in motivating the employees and improving organizational effectiveness. Compensation management is a general policy, ...

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Accounting

Accounting

Accounting is a system of recording information about a business. It is considered to be the job of reporting financial transactions. It is a tool for recording, reporting and evaluating, in monetary terms, the transactions, events and situations that effect an enterprise. Accounting serves many purposes. It is broadly divided in three types according to the purpose served by it. ...

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Risk management

Risk Management

Risk management is a process for identifying, assessing, and prioritizing risks of different kinds. Once the risks are identified, the risk manager will create a plan to minimize or eliminate the impact of negative events. The process of risk management is designed to reduce or eliminate the risk of certain kinds of events happening or having an impact on the ...

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Entrepreneurship

Entrepreneurship

Entrepreneurship is an economic term describing the process of bearing the risk of buying at certain prices and selling at uncertain prices. Other, later commentators broadened the definition to include the concept of bringing together the factors of production. An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative. The term entrepreneur ...

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Controlling

Controling

Controlling is one of the most important and dynamic process of management functions. It is the most important managerial function for correcting, improving and foreseeing action of management for attaining organizational goals.

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