Monday, 1 October 2012

Master of Business Administration (MBA or M.B.A.


The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, finance, marketing, human resources, operations management, etc. Students in MBA programs have the option of taking general business courses throughout the program or can select an area of concentration and focus approximately one-fourth of their studies in this subject.

Thursday, 27 September 2012

performance accounting


A performance accounting system is a mechanism for capturing and reporting performance indicators on a real-time basis. Performance accounting systems range from low to very high tech. There are two primary benefits of a performance accounting system. 1. To improve the availability and quality of information for decision makers. 2. To stimulate desired behavior by providing real-time performance feedback on activities that are most critical to company success.

Wednesday, 26 September 2012

selection


“Rejection is an opportunity for your selection.” ― Bernard Branson

change


“You can change only what people know, not what they do.” ― Scott Adams

LIFE


As long as you're green, you're growing. As soon as you're ripe, you start to rot." — Ray Kroc

MANAGEMENT


"Management is, above all, a practice where art, science, and craft meet." — Henry Mintzberg

Quotes on MANAGEMENT


"Make your top managers rich and they will make you rich." — Robert H. Johnson

ADJUSTMENTS IN FINAL ACCOUNTS