business management
Total Cost Management
Overview
Cost management and control is defined as a systematic program that evaluates and monitors the cost of services, materials and labor with the purpose of reducing costs and increasing efficiency in a business. An efficient cost management program is central to keeping a successful company......
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Comprehensive cost management and control
Comprehensive Cost Management And Control
Cost control and management of a company is an important component of a successful business strategy. If a company does not have effective procedures in place, it can lead to financial misfortune and a number of other problems. Therefore, it is important ......
autobiography of jack welch
Jack Welch
Jack Welch is considered one of the greatest leaders in business history. Born in 1935 in Peabody, Massachusetts, he studied chemical engineering at the University of Massachusetts, graduating with his bachelors degree in 1957. He proceeded in his studies, earning a masters degree in ch......
Administration by law
Rule of Law and Administrative System
The rule of law is an essential part of any modern society and a cornerstone of any administrative system. The rule of law requires that all citizens, regardless of economic status, religion, race, gender, or any other form of discrimination, be treated equal......
Sloan Leadership Model
The Blake and Mouton Managerial Grid Model
The Blake and Mouton Managerial Grid Model was developed by Robert Blake and Jane Mouton in the 1960s. It is a behavioral leadership model that primarily focuses on the concern for people and concern for production. This model helps to identify the leade......
commodity fund manager
Good Investment Strategies for a Fund Manager
Are you a fund manager? Are you looking for good investment strategies to grow your portfolio? If you answered yes, then youre in the right place. This article will provide some of the best strategies for fund managers looking to increase their invest......
risk hedging
Risk Hedging
Risk hedging is a strategy used to reduce or minimize the risk of an investment. The strategy involves using a variety of instruments or tactics to minimize or minimize the potential losses from a risky investment. Risk hedging is used to mitigate potential losses from investments th......
"3+X" risk management model
Introduction
Risk management has become a strategic focus for many organizations in recent years. Companies, financial institutions, and other organizations often use various risk management strategies to help identify and mitigate risk. The 3+X risk management model is one such strategy, which h......
"Economic Man" Hypothesis
The Economic Man Hypothesis
The economic man hypothesis (EMH) is a often used term when referring to the behavior of rational agents within economics. This concept has become central to economics as it provides a framework of assumptions which guide the development of theories and behavioral patt......
"Decision Maker" Hypothesis
The Decision Maker
A decision maker is a person with the ability to take decisions and to implement them. This role is very important because it is responsible for making decisions that will ultimately affect the outcome of an organization or business. The decision maker must be a highly capable ......
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