Showing posts from November, 2016

SWOT Analysis of McDonald's

McDonald's, or simply McD, is an American hamburger and fast food restaurant chain. It was founded in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald. In 1948, they reorganized their business as a hambu…

Public and Private Finance: Similarities and Dissimilarities

Generally, the word ‘finance’ is loosely used for both the public and private finance. By private finance, we mean the study of the income, debt and expenditure of an individual or a private company or business venture. On the ot…

Principle of Maximum Social Advantages (MSA)

One of the important principles of public finance is the so – called Principle of Maximum Social Advantage explained by Professor Hugh Dalton. Just like an individual seeks to maximize his satisfaction or welfare by the use of hi…

Primary and Secondary Functions of a Modern Commercial Bank

Functions of Commercial Banks:  Modern banks not only deal in money and credit creation, other useful functions management of foreign trade, finance etc. The meaning of modern banks is used in narrow sense of the term as commerci…

Bank and Its Features

Introduction: Bank and Banking system A bank is a financial institution which deals in money and credit. It provides fundamental banking services such as accepting deposits and lending loans. As financial intermediaries, a bank …

Strategy and Tactics for Starbucks

• Strategy:  Strategy for Starbucks in Indonesia for the next 1 year that we proposed is to make a campaign called Starbucks for health. This campaign will focus on the health benefits that peoples will get from drinking a…

SWOT Analysis of Starbucks

Starbucks Corporation is an international coffee chain leading coffeehouse company in the world. It was founded 1971 and is based in Seattle, Washington. It is the leading roaster, retailer, and marketer of specialty coffee in th…

Accounting Standards

Accounting is the art of recording transactions in the best manner possible, so as to enable the reader to arrive at judgments/come to conclusions, and in this regard it is utmost necessary that there are set guidelines. These gu…

SWOT Analysis of TATA Motors

SWOT Analysis:  It is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture…

Tata Nano Strategic Planning

Strategic Planning has been used over the history and has become an integral part for any types of organization. Strategic planning comes in many forms and is a widely accepted practice in each step of a product, process and in o…

Advantages & Disadvantages of Informal Communication

Advantages of Informal Communication Informal communication is free from maintaining rules and regulations, procedures and others. Such communication bears low cost than formal communication. Although informal communicati…

Tips for Cracking The Verbal Section of CAT Exam for MBA

How to crack the Verbal Section in CAT?  Verbal section (VA) is a section which basically is the neutral point in the paper where the engineers don’t have any so called advantage unlike that in the quant section. This is…

Resume and Its Essential Features

Meaning of Resume:  A resume is a selective record of one’s professional and educational achievements like formal education, work experience, qualification, and abilities and so on. While defining resume Pauley and Riordan write:…

Stages in Audit Sampling

1. Planning the Sample When planning how to carry out the sampling the auditor should consider the following: •  The objective of the test and the combination of audit procedures which are likely to achieve these objectives; •  T…

Audit Sampling

Audit sampling means the application of audit procedures to less than 100% of the items within an account balance or class of transactions to enable the auditor to obtain and evaluate audit evidence about some characteristic of t…

Auditing Work Papers

Audit Working Papers include those papers and documents, which consist of details about accounts, which are under audit. They are the written, private materials, which an auditor prepares for each audit. They describe the account…

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