management

Operational Risk Management | Types, Importance, Implementation, PDF

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Operational risk management

Operational Risk Management (ORM) is an essential aspect of any organisation’s strategy for minimizing unexpected disruptions. It is a process that managers and business analysts use to reduce the financial risks that daily business operations may cause. Unlike economic or market risks, which are often easier to quantify, operational risks cover a broad spectrum, from system failures and human errors to natural disasters.

What is Authority and Responsibility? Definition, Types, Interdependence

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Authority and Responsibility

Authority and responsibility are critical concepts in any leadership role, influencing the way organizations function and how individuals contribute to achieving shared goals. While authority grants the power to make decisions and direct actions, responsibility ensures accountability for those decisions.

Turnover vs. Revenue- Types, Example, Calculation, and Detailed Comparison Table [PDF Inside]

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Turnover vs revenue Article

Business turnover, also known as sales revenue, is the total income a company generates from selling its products or services. It’s a key metric used to assess a company’s financial health and performance.

Depreciation: Methods, Cause, Taxes, Schedule, Units of Production

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WHAT IS DEPRECIATION? HERE IS EVERYTHING YOU SHOULD KNOW ABOUT DEPRECIATION

Depreciation is the gradual reduction in the value of an asset over time because of wear and tear, obsolescence, or other factors. It’s a financial accounting concept that reflects the economic reality that assets ultimately lose their usefulness or become less valuable.

Industrial Relations- Key Elements, Factors, Challenges, & Importance

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WHAT IS INDUSTRIAL RELATION? EVERYTHING ABOUT INDUSTRIAL RELATIONS

At its core, industrial relations is about achieving a balance. It strives to create a workplace environment that fosters cooperation and productivity, while ensuring the fair treatment and well-being of employees.

What is Marketing Communication? Process, 7Ps, Key Roles, Medium, And How to Implement | PDF Inside

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Marketing communication: Everything about it

Marketing communication is the process of building and maintaining relationships with customers through various channels. It involves conveying information about a product or service to potential and existing customers, with the goal of influencing their thoughts, feelings, and behaviors.

What are the DVR Shares (Differential Voting Rights)? Everything You Need to Know|PDF

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DVR shares or differential voting rights

DVR shares are a class of equity that deviates from the norm in terms of voting rights. Unlike their ordinary share counterparts, DVR shares imbue shareholders with voting power that can be either amplified or diminished. The specific allotment of voting rights hinges upon the terms established by the company during the issuance of these shares.

What is Leadership Style? (PDF Inside) Key Elements of Leadership Style, Common Leadership Styles and Why it matters

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leadership style

Leadership style refers to the characteristic way a leader behaves to influence, motivate, and guide their team. It encompasses the leader’s methods of providing direction, implementing plans, and getting things done through others. There’s no single “best” style, as an effective leader will adapt their approach based on the situation, team dynamics, and their own strengths.