Operations Research: Evolution, Process, Characteristics, and Pros & Cons, [PDF Inside]

operations research

Operations research (OR) is a field of applied mathematics, engineering, and management science that deals with the application of advanced analytical methods to help make better decisions. OR uses quantitative models and data analysis to address complex issues in a variety of fields, including business, government, and healthcare. OR problems typically involve the optimization of … Read more

Formal Vs Informal Communication: A detailed comparison

formal vs informal communication

Before we jump into the topic “Formal vs Informal Communication”, first, we should learn about what formal and informal communication are. Formal Communication: Formal communication refers to the exchange of information, messages, or ideas within an organization or professional setting using established rules, protocols, and designated channels. It typically follows a structured format and is … Read more

Management Information System (MIS): Learn Everything About MIS (PDF Included)

Management information system

A Management Information System (MIS) refers to a computer-based system that collects, processes, stores, and distribute information to support decision-making, coordination, control, analysis, and visualization within an organization. It is a crucial component of modern businesses and is designed to provide managers and other stakeholders with timely and relevant information for effective planning and decision-making.

Primary Market VS Secondary Market: [PDF Included] Functions, Pros and Cons, and Detailed Comparison Chart With 10 Key Points

Primary market vs secondary market

The primary market focuses on the issuance of new securities, raising capital, and providing investment opportunities to investors. It involves the initial sale of securities by issuers to investors. On the other hand, the secondary market facilitates the trading of existing securities among investors, providing liquidity, price discovery, and ongoing investment opportunities. Both markets serve important functions in the financial ecosystem and cater to the needs of investors and issuers at different stages of the securities lifecycle.

What is Work-Life Balance & How Does it Benefit your life?

Work-life balance

Work-life balance refers to the balance between the time and effort spent on work-related activities and those spent on personal or leisure activities. It is the idea of having a healthy and harmonious relationship between one’s work and personal life. Achieving a good work-life balance is essential for one’s overall well-being, productivity, and satisfaction in life.

Knowledge Management: [PDF Inside]: Types, Process, Objectives, Purpose, Benefits, Drawbacks

Knowledge management

Knowledge management is the process of creating, sharing, using, and managing knowledge and information within an organization or community. It involves the development of strategies, tools, and techniques to identify, capture, store, and distribute knowledge assets, such as explicit and tacit knowledge, documents, and best practices.

What is Social Impact Bond?, How Does It Work? Example, Purposes, Advantages, and Disadvantages [PDF Inside]

social impact Bond

A Social Impact Bond (SIB), also known as a Pay-for-Success contract, is a form of outcome-based contract between a government or philanthropic organization, social service providers, and private investors. SIBs are used to fund social programs that aim to achieve specific social outcomes, such as reducing recidivism rates, improving educational outcomes, or increasing employment opportunities … Read more

Corporate Social Responsibility: [PDF Inside] Definition, Example, Principles, Importance, 7 Pillers, Benefits, Why We Should Implement It?

Corporate Social Responsibility

Corporate Social Responsibility (CSR) is a concept that refers to a business’s commitment to operate ethically and contribute positively to society and the environment in which it operates. It involves the voluntary actions that a company takes to improve its impact on various stakeholders, including customers, employees, investors, communities, and the environment. CSR encompasses a … Read more

What is Business Environment? [PDF Inside]Characteristics, Components, Types, Importance, SWOT Analysis, Environment Analysis, Internal, and External Factors

Business Environment article

The business environment refers to the external and internal factors that affect a business’s operations, decision-making processes, and overall success. It includes all the conditions, events, and factors that can impact a business, such as economic, social, political, legal, technological, and environmental factors.