Introduction Ludwig von Bertalanffy introduced General System Theory of Management in 1968 in a publication “General System Theory: Foundations, Development, Applications”. The basic idea of this theory is that a system is better than the parts which mean, multiple parts/departments/subsystems/components work harmoniously to yield the optimal benefit to a larger system.To understand this approach/theory, we … Read more
Introduction Financial innovation means development of new financial instruments, services and markets using new and innovative technology. It is an inclusion of new financial applications and instruments with help of technology in the market. It is the process of creating new products, processes, application software, or services related to the finance and investment sector. This … Read more
Introduction A research is a process of structured inquiry that requires collection of data; documentation of information; and analysis and interpretation of that information, in accordance with suitable methodologies. There are broadly two types of research methods: Definition QUANTITATIVE RESEARCH QUALITATIVE RESEARCH It is a research which collects and analyzes numerical data to establish a … Read more
Introduction: Vision, Mission and Objective An organization is a structured formation. Organizations are always purpose driven i.e. they have something to achieve which is defined and attainable. Vision, mission and objective of the organization drives this purpose. These three aspects are nothing but statements. These statements are so important that it directs the whole organization. … Read more
Introduction to Guerilla Marketing The concept of Guerilla Marketing was first introduced by Jay Conrad Levinson in 1984. In his book named “ Guerilla Marketing”, author Levinson stated the purpose of Guerilla Marketing. The main purpose of this type of marketing is to create a murmur in the market about a certain product, service or … Read more
Introduction to MBO Management By Objectives (MBO), also known as Management By Result (MBR) is a management concept introduced by Peter Drucker in 1954 in his book “Practice of Management”. In general terms, it is also known as PRIDE i.e. Performance, Result, Individual, Development and Evolution. Management By Objective (MBO) is a system for improving … Read more
Introduction to Stock Market Bubble A Stock Market Bubble is a condition in stock market when prices for a stock or an asset rise excessively over a period of time. When a price for an asset outperforms the asset’s intrinsic value, a bubble rises. Basically, speculation is the major drive force to any bubble creation. … Read more
Introduction to Talent and Talent Management Talent can be defined as a set of unique abilities inherited by individuals. It could be anything one is good at i.e. creativity, intelligence, experience, time management, decision making, communication, persuasion, leadership etc. Talent can also be referred to an individual’s capacity and capability. It also includes all the … Read more
Introduction Poverty Trap is a re-incurring mechanism where poor people remain poor. It is a state where poor people can’t get out of the cyclical pattern of poverty. In economic theory, poverty trap is a self-perpetuating condition where an economy, caught in a vicious cycle, suffers from persistent underdevelopment. Prof. Ragnar Nurkse, an Estonian economist, … Read more
Introduction to Nepal Stock Exchange (NEPSE) Nepal Stock Exchange (NEPSE) is the one and only stock exchange of Nepal. NEPSE is located in Singha Durbar Plaza in Kathmandu. It is established under the Company Act 2006 and is operated under Securities Act 2007. In 2033 B.S., Nepalese government established a Securities Exchange Centre as a … Read more