Category «General»

The Role of Capital Market Expectations

Capital market expectations represent the forward-looking prospects regarding the risk and return characteristics of the various asset classes. One of the critical components of any investment program is the strategic asset mix, hence, the need for market expectations to be set across the asset class spectrum. What are required are objective forecasts free of bias …

Subcontracting in SAP

Subcontracting is a procurement activity in which vendor works on material provided by buyer and return it after working on it. SAP has option to cater this transaction. It is different from services as it involves delivering material to Vendor first. In order to give complete business picture and information of event, we must keep …

Focus on your strengths and gain height

If you are self-employed, running their business, and in particular the field of internet marketing then you know that you should focus on is an integral part of the management of your work. How do you know what to do, when to do it, and if it works?

Business plans are a waste of time?

I recently attended a conference of local entrepreneurship, with a number of academics and other business acquaintances. I find it interesting that two concurrent sessions offered conflicting views on business plans. One session featured a panel of successful entrepreneurs question the relevance of the real world of business plans. The second session focused on teaching …

Consider 7 things – When team members do not agree !!!!

The Problem: Do you ever feel that you’re herding a group of feisty cats instead of leading a meeting because your team members simply can’t agree? Well, take comfort in knowing that this common problem plagues most meeting facilitators at one point or another. Indeed, if your group is disagreeing vehemently (but respectfully), that’s a …

SERVICE COSTING

Introduction Service costing (also called operation costing or function costing) is a costing method concerned with establishing the costs, not of items of production, but the cost of services provided. Service costing is a method of accounting for services or function. These service centres or service functions include maintenance, personnel, canteen or stores.

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