Vinish Parikh
February 10, 2023
Extrinsic motivation is the term used in the context of the corporate world to reward employees so that workers working in the company work with more zeal and enthusiasm and help the company in achieving its objectives of the company. Extrinsic motivation in simple words refers to a system where employees are rewarded in various [...]
Vinish Parikh
February 8, 2023
In the case of the sky where we see thousands of stars but only one moon, similarly in the case of financial markets where there are so many complex situations as well as tools to take advantage of financial markets; a hedge fund is like a moon of the financial market. A hedge fund in [...]
Vinish Parikh
February 5, 2023
Putting the cart before the horse idiom can be used to describe a common mistake in marketing which many companies do by developing products or services without first understanding the needs and wants of the target market and that is where market led marketing is of great help. Marketing led marketing refers to an approach [...]
Vinish Parikh
February 3, 2023
Traditional cost management and strategic cost management are the terms used in the context of cost management techniques used by the companies to handle the various costs related to the smooth functioning of the company. While both techniques of cost management have their own place and importance however there are many differences between the two, [...]
Vinish Parikh
February 1, 2023
Cost control is a very important concept that is often not given much importance due to the focus of companies on improving profit margins. Cost control in simple words refers to the process by which the company manages and minimizes the costs associated with running a business. Cost control includes identifying and reducing unnecessary expenses, [...]
Vinish Parikh
January 29, 2023
Quality is a very subjective word as one thing which is liked by a customer may be disliked by another customer but when the majority of the customer of the company are satisfied with the quality then the company is able to become big and successful. Total quality management also known as TQM is one [...]
Vinish Parikh
January 27, 2023
Introduction Recent developments in the business world have drawn attention to the Hindenburg report because of its implications for publicly traded firms’ corporate accountability. A specific publicly traded company’s possible financial and governance difficulties are highlighted in the study, which was published by investment research firm Hindenburg Research. Following its publication, investors and the general [...]
Vinish Parikh
January 27, 2023
Standard costing is the term used in the context of cost accountancy. Standard costing is a popular approach to costing that has been used by businesses all over the world for past many years. Standard costing in simple words refers to that process by which the management of the company sets standards or targets also [...]
Vinish Parikh
January 20, 2023
Swift code and IFSC code are the terms used in the context of banking, these terms are used while transferring funds from one bank account to another bank account. The majority of people gets confused with both the terms and that is the reason why it is important to know the difference between IFSC code [...]
Vinish Parikh
January 13, 2023
There is a lot of confusion between the terms strategic management and tactical management. Many people use them interchangeably, but they actually are very different from each other. Strategic management is the process of creating and implementing a long-term plan for your business, while tactical management is the day-to-day implementation of that plan. In order [...]