Purchase Price Allocation (PPA): Definition, Components, Example, and PDF

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A purchase price allocation is primarily involved in accounting purposes, but it also gives a useful evaluation of the components that make up goodwill. In this process, the purchase price was allocated to all the tangible net assets, such as working capital and machinery, with the rest allocated entirely to goodwill. Definition Purchase price allocation … Read more

Communication Skills – Importance and Examples

Communication skills

Communication skills are the abilities you use when giving or receiving any kind of information. These skills allow you to understand or be understood by others. These involve speaking, listening, observing, and empathizing. Communication skills help you understand the differences in how to communicate through face-to-face interactions, digital communications (chat, email, text message), and telephonic conversations.

What is Operations Management? (PDF included) Definition, Responsibilities, Nature, and Benefit of OM

Operations management

Operations management is an area of management involved in planning and conducting the process of production and redesigning business operations in the production of goods or services. It requires the responsibility of ensuring that business operations are efficient to use as few resources as needed and effective in satisfying customer requirements.

What is Financial Management? (PDF Included) Definition, 5 Scopes, Importance, Types, Objectives, Functions, Advantages and Disadvantages

Financial management

financial management refers to the diplomatic planning, organizing, directing, and supervising of financial undertakings in an organization. It also comprises applying management principles to the financial resources of an organization, while also playing a significant part in economic or budgetary management.

What is Crisis Management? Types of Crisis, Definition, Importance, Advantages Disadvantages

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Crisis management is the approach of anticipating crises at the corporate level and planning how to deal with them effectively to prevent any threat to an organization.

What is Strategic Management? Definition, Process, Types, Advantages, and Disadvantages

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Strategic management is the process of planning, monitoring, analysis, and assessment of all necessities an organization needs to meet its aims and objectives.

Three-Way Matching: Definition, Components, Objectives, Advantages & Disadvantages |PDF

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Three-way matching of vendor invoices is an essential internal control process. Using this process, a company can bypass profit drains from making erroneous, duplicates, or fraudulent payments. It is a method for processing a vendor invoice to ensure that payment is complete and accurate. The primary objective of this process is to save businesses from overspending or paying for an item that they didn’t receive.

What is Sales Forecasting? | Sales Forecasting Method, Types, Importance, and Elements | Sales Forecasting PDF

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s forecasting is an essential business practice. Sales forecasts allow business leaders to make wiser decisions about setting up goals, budgeting, hiring, and other things involving cash flow.