Managerial accounting vs financial accounting
In this article, we’ll explore the managerial accounting vs. financial accounting. Both play crucial roles in the business world, but they serve different purposes. So, let
What is Managerial Accounting? Functions, Tools, PDF included
Managerial accounting is the process of analyzing financial data and generating relevant information to support internal decision-making within an organization.
Customer Relationship Management (CRM): Functions, Benefits, Limitations
Customer relationship management (CRM) is a strategy that organizations use to manage interactions with customers and potential customers. CRM helps organizations streamline processes, build customer relationships, increase sales, improve customer service, and increase profitability.
What is Relationship Management and how it works? Components, Stages, Types, Benefits, Purpose| PDF Inside
Relationship management refers to the strategies, practices, and activities employed to build and maintain strong and mutually beneficial relationships with customers, clients, partners, suppliers, and other stakeholders. It involves managing interactions, communications, and collaborations to nurture and enhance relationships for long-term success.
What is Working capital? Definition, Formula, Types
Working capital is the difference between a company’s current assets and its current liabilities. In other words, it represents the amount of money a company has available to cover its short-term obligations and expense.
What is Managerial economics? Definition, Scopes, Nature of managerial economics (PDF)
Managerial Economics can be defined as the branch of economics which deals with the application of various concepts, theories, and methodologies of economics to solve practical problems in business management.
Operations Research: Evolution, Process, Characteristics, and Pros & Cons, [PDF Inside]
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
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)
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
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.