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Online degrees are becoming more popular ever since the pandemic outbreak. A recent survey found that two-thirds of college students plan to earn a degree online, and the number is rising. However, many students wonder whether getting an online degree is worthwhile. In this article, we’ll explore whether or not taking an online class can…
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When it comes to studying, many students feel under pressure to perform. It’s important to find ways to maximise your productivity so that you can get the most out of your studies. Here are some tips on how to achieve this. Top Points to Maximise your Output While Studying 1. Understand why you’re Procrastinating Procrastination…
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This budget aims to evaluate and justify the costs and activities each year. ZBB, also known as zero-based or Zero based Budgeting (ZBB), is a different method of Budgeting that utilizes zero as the base. This method requires that they begin budgeting at zero every year. Additionally, it requires justification of every cost mentioned within…
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The term “strategy” derives from the Greek term “strategia,” which means “generalship.” The term “strategia” came into the business world through military service in the first place. The nature of strategy explains in the next section. It is an outline of an organization that defines its vision and objectives and helps determine the next plan…
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Business policies play an essential role in the success of the organization. If these policies are not formulated properly, these are the limitations of business policy for the organization. In the later section of the blog, you will learn the current trends of business policy. Importance of Business Policy The importance of business policy is…
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With increased mobility and global connectivity, our world is getting significantly smaller. We move to different countries for the purpose of higher studies or jobs. It makes us figure out studying and working with people belonging to different backgrounds and cultures and obviously speaking different languages. It becomes a problem to mingle with other people…
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Techniques for Organizational Appraisal The techniques for organizational appraisal may classify into the following categories: 1. Value Chain Analysis Value Chain Analysis (VCA) is the method that allows an organization to recognize its primary and supporting functions that make the product more valuable. It also assists in evaluating these processes to decrease costs or increase…
The organizational appraisal is the analysis of the internal business climate is crucial for the formulation of the most appropriate strategy. The strategic decision-makers conduct internal research to gain a clear perspective of the business profile. It gives an accurate analysis of the firm’s strengths and weaknesses. Internal analysis, also known as corporate appraisal, is…
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ETOP Study The Environment Threats and Opportunities Profile (ETOP) is the method used to define environmental issues. W.F. Glueck developed the technique. The ETOP classifies different environmental issues across different industries that help the management focus their attention on specific areas. It assists in identifying likely influences that affect the business. In the next section,…
“SWOT” is an acronym to mean “Strength, Weakness, Opportunities Threats” that defines the present position of a company. It determines whether a business is in a favorable or bad position in the market. Although the weaknesses and strengths are internal issues, the threats and opportunities can be external for the company. Examining all these provide…
