Do firms really act or should solely act to further shareholders welfare?

Do firms really act or should solely act to further shareholders welfare? Firms may follow or have to follow several other aims. Business firms seek out to achieve a high rate of growth, enjoy a considerable market share, achieve product and technological leadership, encourage employee welfare, additionally customer satisfaction, support education and research, progress community [...]

Maximization of the wealth of equity shareholders

Are there other aims, besides the aim or maximum shareholders wealth, expressing the shareholders viewpoint? Several alternatives have been suggested for this, such as maximization of profit, maximization of earnings per share, maximization of equity which is defined as equity earnings/ net worth. Maximization of profit is not as all-encompassing a goal as maximization of shareholder wealth. [...]

What are the objectives of capital budgeting?

What are the objectives of capital budgeting? Financial theory, in general, rests on the principle that the aim financial management should be to make the most of the present wealth of the firm’s equity shareholders. For a firm whose equity shares are dynamically traded on the stock market, the assets of the equity shareholders is replicated [...]

What is Ecological Analysis ?

What is Ecological Analysis ? In recent years, environmental concerns have assumed a great deal of importance – and rightly so. Ecological analysis should be done particularly for major projects which have significant ecological inference like plants and irrigation schemes, and environmental – polluting industries like bulk drugs, chemicals and leather processing. The key questions raised [...]

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Basics of Project Management

What is Defensive Posture?

What is Defensive Posture? This is appropriate for a big company that lacks competitive advantage as well as financial strength belongs to a not- so- attractive industry that operates in and on an unstable environment. A defensive posture contains the following actions, such as discontinue unviable products control costs aggressively monitor cash flows strictly reduce [...]

Basics of Project Management

What is Conservative posture?

What is Conservative posture? This is suitable for a company that enjoys financial strength but has limited competitive advantage belongs to a not-so- attractive industry that operates in a relatively stable environment. A conservative posture has the following actions, such as prune non-performing products reduce cost improve productivity develop new products access more profitable markets. The [...]

Basics of Project Management

What is Competitive Posture?

What is Competitive Posture? This is appropriate for a company that enjoys a competitive advantage but has limited financial strength belongs to an attractive industry that operates in a relatively unstable environment. The key plants of the competitive posture are the following: maintain and enhance competitive advantage by product improvement and differentiation widen the product [...]

Basics of Project Management

What is Aggressive Posture?

What is Aggressive Posture? This is suitable for a company that enjoys a competitive advantage and considerable financial strength belongs to an attractive industry operating in a relatively stable environment. An aggressive posture means that the firm should fully exploit opportunities available to it. It seriously looks for acquisition possibilities in its own or related [...]

Basics of Project Management

What are the basic strategic postures associated with the SPACE approach?

The basic strategic postures associated with the SPACE approach are the following. Each of them is being explained as each different post. You can just go through them to get a better picture. i.            Aggressive Posture ii.            Competitive Posture iii.            Conservative posture iv.            Defensive Posture

Project Management Tutorials

PROJECT MANAGEMENT PDF GUIDES

Project Management Tutorials ProjectMinds Quick Guide to Project Management Chapter 1: Defining what a project is……………………………….2 Project success criteria ………………. 2 Why are organizations using project management?……………………………. 3 Chapter 2: The project lifecycle 4 Initiating ………………………………….. 4 Planning ………………………………….. 4 Executing: ……………………………….. 4 Controlling and monitoring………… 5 Closing: …………………………………… 5 Chapter 3: Project initiating process…………………………………6 [...]

INTERVIEW

PROJECT MANAGEMENT INTERVIEW QUESTIONS

How do you determine realistic schedules for the project? Explain your methods for resource allocation. How do you manage suppliers? How do you inform all the stakeholders of the progress of the project on a regular basis? How do you monitor risks to the project and mitigate them? What tools do you use to monitor [...]

CERTIFICATION

PROJECT MANAGEMENT CERTIFICATION

Project Management Professional (PMP) certification The Project Management Institute (PMI), the leading professional association in the area of project management, sponsors the Project Management Professional (PMP) certification. “Worldwide there are over 50,000 Project Management Professionals (PMPs) who provide project management services in 120 countries. PMP certification is the profession’s most globally recognized and respected certification [...]

Project management Tools

HELP DESK TOOLS

A help desk is an information and assistance resource that troubleshoots problems with computers or similar products. Corporations often provide help desk support to their customers via a toll-free number, website and/or e-mail. There are also in-house help desks geared toward providing the same kind of help for employees only.A typical help desk has several [...]

Project management Tools

PROJECT COLLABORATION TOOLS

Coordinating the project is one of the most important role for a project manager.He needs to collaborate each entities, resources and clients properly for the proper management.Here is some useful list and details of project collaboration tools available for project managers. PS-Team for Collaboration is a simple, yet effective, solution for everyday task management and [...]

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