Management

Portfolio Manager (PM)

Portfolio Manager (PM)

A portfolio manager (PM) is a professional who makes financial decisions and manages investments on behalf of vested people or organizations. A portfolio manager is the person or group of persons in charge of investing the assets of a mutual, exchange-traded, or closed-end fund, implementing its .....

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Importance of Cross-Cultural Communication

Importance of Cross-Cultural Communication

Cross-cultural communication occurs when people of different nationalities, working styles, ages, races, ethnicity, sexual orientation, gender, sexual orientation, and so on communicate with one another. The value of cross-cultural communication builds a network and contributes to the establishme.....

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Dangers of Cost Reduction

Dangers of Cost Reduction

If your company uses cost control accounting, you’ll have to allocate the cost of overhead items like rent and utilities. However, there isn’t always a clean and precise way to do so. Some of your products will take less time to produce than others and, as a result, will consume a sma.....

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Multipurpose Uses of Business Communication

Multipurpose Uses of Business Communication

We rarely think about how we communicate with others because it is such a natural part of who we are. This also applies to business communication. After all, organizations aren’t faceless entities, but rather groups of real people. Effective communication has an impact on processes, efficie.....

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To Increase Creativity, Use Incentives Efficiently

To Increase Creativity, Use Incentives Efficiently

According to a new study by management experts at Rice University, Tulane University, the University of North Carolina at Greensboro, and National Taiwan Normal University, managers should consider offering a set of rewards from which employees can choose to boost their creativity. The selection .....

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Seven C’s in Communication

Seven C’s in Communication

Communication is essential in both business and personal interactions because it allows us to exchange information, understand one another’s points of view, and plan and carry out our activities. The 7Cs of Communication is a useful tool for ensuring high-quality communications, both writte.....

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Factors that Influence Communication

Factors that Influence Communication

Communication should be effective enough to allow for the exchange of ideas. To make communication effective, information and emotion must be considered, as well as the factors that influence communication. The emergence, existence, and execution of a business cannot be possible if there is no co.....

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Characteristics of a Company

Characteristics of a Company

A voluntary association of people with common business objectives such as common capital, sharing of profit or loss, common seal, etc. is known as a company. A company is a volun­tary association of persons, recognized by law, having a distinctive name, a common seal, formed to carry on business.....

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Barriers to Effective Communication

Barriers to Effective Communication

There are numerous communication barriers that can arise at any stage of the communication process. Barriers may cause your message to become distorted, wasting both time and/or money by causing confusion and misunderstanding. Certain obstacles can sometimes obstruct communication, making it less.....

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Effective Communication Skills

Effective Communication Skills

Effective message delivery is both an art and a skill that can only be honed through constant practice and experience. It is critical to be able to communicate effectively. Effective communication is the key to our success in both business and personal relationships. Life coaching for effective c.....

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Exempt Employee

Exempt Employee

Exempt employees are those who are not subject to overtime pay or minimum wage requirements (or both). It refers to a group of workers defined by the Fair Labor Standards Act (FLSA). Exempt personnel are distinguished by their distinct duties and responsibilities. These don’t get additional.....

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Employee Buyout (EBO)

Employee Buyout (EBO)

An employee buyout (EBO) is a cost-cutting and layoff-avoidance tactic employed by companies to prevent layoffs. It occurs when a company provides a voluntary severance package to a group of employees. Benefits and salary are generally included in the package for a set length of time. On the off .....

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