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Difference between strong and week culture? Culture it is the knowledge of a particular group of people, defined by everything from language, religion etc Cultural strength may be measured across a sub-culture or across the country. Strong culture In strong culture, employees and management understand what is required of them and they will try to act in accordance with the core values. Weak culture In weak culture there is greater need for procedures, policies and bureaucracy in order to get things done in the desired way Difference: Strong culture Week Culture 1-Individual behaviors consistently reflect group values 1-provides poor services which needs to be improved through policies 2-it Produces clarity. 2-Individual behaviors reflect a diversity of beliefs and values 3-less need for detailed policies and procedures. 3-Produce inconsistency in practice. s...

Explain difference between Downsizing and Re-engineering with real life example? Downsizing = Downsizing is used to reduce the size in order to improve its financial performance, usually by laying off employees.Businesses use several techniques in downsizing, including providing incentives to take early retirement and transfer to subsidiary companies, but the most common technique is to simply terminate the employment of a certain number of people. Downsizing often takes place as part of a larger restructuring program at a company. Although it's usually thought of as a strategy companies use to become smaller, downsizing can also be the result of company mergers, acquisitions, and takeovers.Its most common form comes in employee layoffs, which reduce payroll costs for the company. Downsizing may also involve shuttering some operations or offering certain employees early retirement. Downsizing is typically seen during economic downturns in order to improve efficienc...

The effect of Government and Economic Environment on Global borderless environment is given below: Government environment: It involves government actions which affects the whole country and the operations of a company or business and the stake holders as well. These actions may be on local, regional, national or international level. Business owners and managers pay close attention to the Government environment to gauge how government actions will affect their company. Some other reasons are following which effects the global borderless environment by government environment. Different laws imposed by government not only Effects on business activities but it also Effects on delivery of products and services even across the border like Change in the tax policies Increase in the rate of excise duty The above points play vital role in effecting global borderless environment for example the changes in these points impact the business activities which may change the decision of investor...

Explain the research process with help of 8 steps model. The topic of research may be anything for example it can be related to any health topic business topic national economy ,education or any disease or habit you can change the example according to the  requirements .....in the following Research Process Exercise Habit example is taken :  Problem Identification: Researcher first need to identify a problem. The research problem may be something the agency identifies as a problem, some knowledge or information that is needed by the agency. Problem can be based on different things related to health issues, wealth or business etc.  Literature Review: The researcher must learn more about the topic under Investigation. To do this, the researcher  must review the literature related to the research problem. This step is the foundation of the problem  area. The review of literature also tells the researcher about what studies have been...

What is Research and What are the types of research? Definition of Research: Research can be defined as searching and gathering information again in order to reach new conclusions.it can also be defined as systematic investigation which is done by analyzing and collecting facts with reality which explain the main objective of the research. Following techniques must be followed in research process: In selection Process the researcher needs to be aware of what is going to be searched according to the requirements. Without it, it is difficult to plan the process which needs long time and effort. Researcher must have the enough time to do the research. The reality that most research projects takes less than one year or it can take more time based upon the topics. Which shows that deciding the topic needs careful evaluation? For most topics it is important that the issues within the research must be linked to theory. TYPES OF RESEARCH: Different Types of research are following: 1. Explor...

Definition of Research: Research can be defined as searching and gathering information in order to reach new conclusion. it can aslo be defined as systematic investigation which is done by collecting different facts with reality explaining the main objective of the research. In selection Process the researcher needs to be aware of what is going to be searched according to the requirements. Without it, it is difficult to plan the process which needs long time and effort. Researcher must have the enough time to do the research. The reality that most research projects takes less than one year or it can take more time based upon the topics. Which shows that deciding the topic needs careful evaluation? For most topics it is important that the issues within the research must be linked to theory. Characteristics of Research: are following Systematic = In This Researcher Search In Organized Way. Controlled = This Type of Search Is Done in Controlled Way like All Variable ...

What is the objective of financial reporting? Financial reporting It is the process of producing statements which explain the financial position of an organization to management, investors and the government.  it includes balance sheet, income statement, statement of cash flows, and statement of changes in equity and the notes to the account. Objectives The primary objective of financial reporting is to provide useful information for decision making.  The Main objective of financial reporting is to deliver this information to the creditors and the stakeholders of your business who have right to know about it.  Another objective is to specify cash flow information which is need of investors and creditors.  Financial reporting should provide information about liquidity, solvency, and funds flows.  Last but not the least objective is the need for information about economic resources and claims to those resources. This information is key to pr...

What are the three main types of Business Activities? Business activities involves all those activities which help to run the business to earn profit. it comprises many activities financing, investing, operating (marketing, production, delivering) Following are three main business activities           Financing Activities: Financing activities are those activities in which we deals with finance related  task  like  company needs cash to invest in business then through finance activity the company  become able to meet with finance requirements. Financing activities include the inflow  of cash from investors such as banks and shareholders, as well as the outflow of cash to  shareholders as dividends as the company generates income. There are also other  activities which impact the long-term liabilities and equity of the company are also  listed in the financing activities. Financing activities ...