divewithACCA

Any principle of management is a universal and general concept for decision-making and execution. For example, while making a decision regarding the promotion of an employee, the manager may decide considering their age or rank. Whereas others may promote them based on their conduct and performance. The principle of management is based on experience and changes in the business industry, therefore these principles may not be as firm as those of science. They involve human behavior and are used accordingly in the required situation. thus, these principles change with respect to time. The birth of ICT ( information and communications technology)has made it possible for managers to spread their business organization all over the world. For example, WIPRO, whose headquarter is situated in Bangalore, has now become a popular multinational IT consulting and system integration service company. The principle of management should not be mistaken for techniques of management. Techniques of manage...

  Any investment that is made in India with the source of funding that is from outside of India is a foreign investment. By this definition, the investments that are made by Foreign Corporates, Foreign Nationals, as well as Non-Resident Indians would fall into the category of Foreign Investment. Types of Foreign Investments Funds from foreign country could be invested in shares, properties, ownership / management or collaboration. Based on this, Foreign Investments are classified as below. Foreign Direct Investment (FDI) FDI is an investment made by a company or individual who us an entity in one country, in the form of controlling ownership in business interests in another country. FDI could be in the form of either establishing business operations or by entering into joint ventures by mergers and acquisitions, building new facilities etc. Foreign Portfolio Investment (FPI) Foreign Portfolio Investment (FPI) is an investment by foreign entities and non-residents in Indian securiti...

  The World Bank estimates that about 4.2 billion people, or 55 per cent of the world’s population, live in the cities. By 2050, this number will rise to 70 per cent. Urbanisation is often seen as inevitable when a country transforms from a ‘traditional society’ to one which is geared toward ‘high mass consumption’. These familiar terms are the first and last ‘stages of economic growth’ propounded by Walt Whitman Rostow.  Often, urbanisation is also correlated with economic development. The proof of the pudding is in the eating. Already, 80 per cent of global GDP is generated in cities. There exists a positive correlation between the higher GDP per capita income and urban population (as a percentage of the total population). The level of the urban population in countries like Switzerland (73.92 per cent), Norway (82.97 per cent), US (82.66 per cent), Denmark (88.12 per cent), Sweden (87.98 per cent), Australia (86.24 per cent) and Canada (81.56 per cent) is significantly high....