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Evaluating Secondary Data
On many occasions, researchers must choose from two or more sources of data. The choice should be guided by the determination of which data score highest on the following considerations: Pertinency: To be usable, the data must have the same units of measurement specified in the project, must be applicable to the periods of time in question, and must be derived from the universe. Classes of data must be constructed in the same way as in the project. Who collected and Published the Data and Why: In evaluating secondary data, the researcher must examine the organization that collected the data and the purposes for which they were published. An organization that makes the collection and publication of data its chief functions is apt to furnish accurate data. Obviously, the success of such a firm depends on the long-run satisfaction of its client that the information supplied is accurate. The ability of an organization to procure the wanted... (more...)
Nov 16, 2008 
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Finance Management
Market Inefficiency
Behavioral finance argues that, thanks to various behavioral influences, often there is a discrepancy between market price and intrinsic value. The arguments of behaviouralists rests on two key assumptions: 1. Some investors... (more...)
Beating Recession – Government’s Role
It started as a US investment bank problem has slowly spread to the entire financial sector across the world. And now it is engulfing entire economies. There is a consensus that the world is rushing headlong into a prolonged... (more...)
Export and business-led economy - Post slowdown
The falloff in short-term portfolio assets is less meaningful as families reach $10 million to $15 million in net worth reaching higher levels of affluence begin to build long-term portfolios. Even in that range, however,... (more...)
Human Resource Management
Communications – different types
Every time we verbally give a message to someone, we also impart a nonverbal message. In some instances, the nonverbal component may stand alone. For example, in a singles bar, a glance, a stare, a smile, a frown, and a provocative... (more...)
Ethics in practice at workplace
While working in a corporate set up, we all tend to bend the rules a bit like rushing in late to work and giving lame excuses, quickly packing off home when the boss goes out for a meeting or even taking printout for personal... (more...)
Right attitudes and behavior can make you a Star Performer at your work place
Miss X was her boss right hand. She was someone her boss could rely on in a moment of crisis. Everyone loved her enthusiasm, motivation and desire to do the best for her team and her organization. But after a year of producing... (more...)
Sales/Marketing Management
Evaluating Secondary Data
On many occasions, researchers must choose from two or more sources of data. The choice should be guided by the determination of which data score highest on the following considerations: Pertinency: To be usable, the data... (more...)
Retail and wholesale Sales Data
The best known service providing such data is the Nielsen retail Index in U.S, which provides continuous sales data on grocery products, confectionary products, dairy products, frozen foods, alcoholic and non-alcoholic products,... (more...)
Franchising is the best marketing business
As India progresses from becoming a developing to developed economy, the populace is experiencing a typical pattern of getting ‘rich in assets, short on time’. This is the time when new businesses opportunities begin... (more...)
General
Performance of reciprocal Promises
The Act lays down the following rules regarding performance of reciprocal promises: To be simultaneously performed: When a contract consists of reciprocal promises to be simultaneously performed no promisor need perform his... (more...)
Barriers to Entrepreneurship
Recognizing a need and having an idea of how to fill it are rarely a strong enough basis for launching a new venture, particularly if the would be entrepreneur needs to borrow capital. Most successful entrepreneurs also create... (more...)
Time and place for performance
Where no time is specified: Where by the contract, a promisor is to perform his promise without application by the promises, and no time for performance is specified, the engagement must be performed within a reasonable time.... (more...)
Operations Management
Postal services in India and their contribution
Business environment in India is changing rapidly. There has been an explosive growth in the telecom, financial and other services in recent years. This has also impacted the mail business. The complexion of mails has changed.... (more...)
Value Analysis and Value Engineering
An important function of the purchasing executive is that of finding proper substitutes for raw materials. For this, a management technique developed during the Second World War period called Value Analysis (VA) or Value... (more...)
India Post Responding with New Products and promptness
The Department of Posts has the biggest reach with over 1,55,000 post offices. Also, the domain knowledge, especially of the postmen, is unquestionably far superior to any other organization. In fact many organizations like... (more...)
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