TOWS matrix is the application of SWOT analysis. TOWS Matrix illustrates how the external opportunities and threats facing a particular corporation can be matched with that company’s internal strengths and weaknesses to result in four sets of possible strategic opportunities. Internal Factors ______________ External Factors Strength (S) Weaknesses (W) Opportunities (O) SO Strategies … Read more
These global icons, from tech titans creating the digital environment to fashion powerhouses dictating trends, and from automobile giants revolutionizing transportation to entertainment empires engaging our imaginations. Here are some of the World Famous Companies: Everything you want to know about in 2023. 3M CORPORATION Establishment 1902 Industry Conglomerate CEO Mike Roman Net Worth $ … Read more
Company Profile: The Coca Cola Company The Coca Cola Company is one of the leading non-alcoholic beverage companies in the world as well as one of the most recognizable and valued brands. The Coca Cola Company is headquartered in Atlanta, Georgia and was invented by Dr. John Styth Pemberton in 1886. Mr. James Quincey is … Read more
Introduction Every business entity is binding to some kind of legal form of ownership. Legal ownership of the business will have a longer impact in the business and it is a real deal to make a right choice of ownership. Legal ownership of the organization is determined by: The three most common legal forms of … Read more
Management Terms and Definitions from A A Activity Based Cost ABC accounting procedures that can quantify the true profitability of different activities by identifying their actual costs. Actuary An entity or business professional that computes and analyzes the financial performance and consequences of risk in scientifically and statistically. Acquisition The act of obtaining or buying … Read more
Origin of Six Sigma Carl Friedrich Gauss (1777-1855) introduced the concept of the normal curve, which is regarded as the standard measurement and roots for Six Sigma. Six Sigma originated at Motorola in the early 1980s, in response to achieving 10X reduction in product-failure levels in 5 years. Engineer Bill Smith invented Six Sigma, never … Read more
Introduction Banks and the banking system play a significant role in the economic development of any country. Banks are crucial because they are directly exposed in the market, they deal with the money i.e. liquidity in the market and they act as the intermediaries between various individuals and firms. Due to such functionality, banks and … Read more
Our market universe is composed of two types of oceans; Red Oceans and Blue Oceans. Red oceans represent all the industries that are existent today i.e. market space is known whereas blue oceans represent industries that not existent i.e. market space is unknown. Red Ocean is all about competition and competitive rules, it is about … Read more
Introduction to Insurance Investopedia has defined Insurance as a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. It is a valid contract between insured and insurer for bearing risk and repayment compensation by insurer according to contract in a condition of … Read more
Introduction The Dictionary of Banking and Finance has defined the Central Bank as, “ The main government-controlled bank in a country, which controls the financial affairs of the country by fixing the main interest rate, issuing currency, supervision of other commercial banks and controlling the foreign exchange rate.” Central Bank is the apex bank of … Read more