Executing due diligence in any business interaction is a cornerstone of guaranteeing a mutually beneficial relationship. Due diligence is necessary to determine an individual’s trust and creditworthiness, which will tell you if a business transaction is worth completing. Failing to perform your due diligence will open you up to risk and liability, which is foolish…
In the modern business world, conventional management techniques and best-practices can fall short in handling the complexities of multi-departmental corporations. Responsibilities and processes from diverse areas such as HR and the legal department have become so intertwined that it is difficult to manage one without effective handling of the other. The increasing complexities in job…
The Graduate Management Admission Test, also known as the GMAT, is the standard used to gauge the readiness of candidates who want to take higher studies in the business administration program. Graduate programs will first check if the candidate has passed the GMAT exam before assessing all the documents submitted along with the application. It’s…
When you decide to run your own business, you will be required to do a lot of planning on the front end. The start-up is normally one of the most challenging parts of getting things up and running. The main goals and objectives at this time are to devise a smooth-running operation that can virtually…
Saying goodbye to corporate America to run a home-based business sounds ideal – and why wouldn’t it? The thought of no longer having a boss breathing down your neck, no redundant meetings to attend, and not spending at extra hour or more a day commuting is quite appealing. Working from home is often a rewarding…
When you have efficient employees that get the job done and get it done well, you want to replicate them. You can replicate them, but you also want to give them and the rest of your employees other things that can help them be more efficient and get more work done. Some businesses may still…
The single largest confusion that resides in the minds of prospective students of management after having completed graduation is regarding the sort of post-graduation management course they should enroll in. The confusion becomes compounded as the terminology of the courses is quite similar. The choice usually is between Master of Business Administration (MBA), and Post…