Basics of Management

Creative Accounting

The Art and Perils of Creative Accounting: Unveiling the Masked Truth

Basics of Management / By

Introduction In the world of corporate finance, a controversial practice known as creative accounting has been debated for centuries. Creative accounting involves manipulating financial records to present a more favorable image to stakeholders, often blurring the line between legality and fraud. This blog post explores the depths of creative accounting, its implications for businesses, and …

The Art and Perils of Creative Accounting: Unveiling the Masked Truth Read More »

Picture151

Asset Stripping -Definition, Example, Cases Studies – A comprehensive Post

Basics of Management / By

In the spring of 2014, Drugs industry was in a Merger and Acquisition frenzy. The following few years resulted in serious consolidation in the pharmaceutical industry, with bigger firms buying smaller firms. Valeant, a Canadian manufacturer of specialty drugs was ebullient in 4 Quarters of continuous growth resulting in many bigger players like Pfizer looking …

Asset Stripping -Definition, Example, Cases Studies – A comprehensive Post Read More »

Dark Modern Personal Finance Tips Search Bar Instagram Post

Financial Calculator for IRR: Meaning, Formula, Examples, & Calculator: A Comprehensive Post

Basics of Management / By

Finding IRR can be a cumbersome process. We have provided a Dynamic financial calculator for IRR. Read through. What is IRR Internal Rate of Return (IRR) is a measure of the profitability of an investment or project. It is the discount rate that makes the net present value (NPV) of an investment equal to zero. …

Financial Calculator for IRR: Meaning, Formula, Examples, & Calculator: A Comprehensive Post Read More »

Engel's law, Engel's law graph

Engel’s Law- Definition, History and Modern Day Implications: 6 Things to know

Basics of Management / By

What is Engel’s Law? Engel’s law is one of the cornerstones of macroeconomic and income studies. Ernst Engel first observed the pattern now known as Engel’s Law in the Prussian census of 1817-1818. He noticed that as incomes increased, households spent a smaller portion of their income on food consumption than those with lower incomes. …

Engel’s Law- Definition, History and Modern Day Implications: 6 Things to know Read More »

Picture66

Diseconomies of Scale: 10 Things that you Know: A Comprehensive Guide

Basics of Management / By

Diseconomies Of Scale arise in a business as the scale and scope of the business begin to expand. As businesses grow Knowing what diseconomies of scale are and how they can affect a business is essential for business owners and managers. In this article, we will explore the causes, types, examples, differences, effects, and strategies …

Diseconomies of Scale: 10 Things that you Know: A Comprehensive Guide Read More »

Purple White Illustration Business Mind Map Graph

Economic Entity in a Business: Sole Proprietorship, Partnership, Corporation, LLC: Which is the best for You

Basics of Management / By

The concept of an economic entity is one of the primary components of business and financial operations. It is a central principle that defines the way in which a company is organized and how its finances are managed. To the untrained eye, this concept may seem like a complex and intimidating idea. However, it is …

Economic Entity in a Business: Sole Proprietorship, Partnership, Corporation, LLC: Which is the best for You Read More »

Orange White Textured Modern Minimalist with Flat Illustration World Thinking Day Greeting Instagram Post

Management as a Science and Art: A Pertinent Debate and Combining Best of Both Worlds

Basics of Management / By

Management as a Science and Art: Introduction Management as a Science and art has been a quintessential debate among practitioners. Management has long been seen as a science – a set of processes and methods that can be used to achieve organizational goals. But what if there is more to management than meets the eye? …

Management as a Science and Art: A Pertinent Debate and Combining Best of Both Worlds Read More »

Dialectical Inquiry: An Ultimate Group Decision-Making Technique

Basics of Management / By

Introduction Dialectical inquiry is a group decision-making technique where the whole group collaborates to develop a plan of action and a solution. A group can decide something based on the strengths and weaknesses of their ideas, the strengths, and weaknesses of the situation itself, or both. This article provides examples of how dialectical inquiry might …

Dialectical Inquiry: An Ultimate Group Decision-Making Technique Read More »

What is a Business? – Definition, Principles, and Characteristics – A detailed Overview

Leave a Comment / Basics of Management / By

Introduction – What is a Business? Businesses Can Be Intricate And Confusing Due To The Different Types Of Businesses. Reading This Blog, You Will Learn All About Different Types Of Businesses And The Significance Of Them Are. Using A Simple Breakdown, This Article Is Easy To Follow And Understand! In his seminal work, Theodore Levitt …

What is a Business? – Definition, Principles, and Characteristics – A detailed Overview Read More »