Article Categories
- All Categories
-
Data Structure
-
Networking
-
RDBMS
-
Operating System
-
Java
-
MS Excel
-
iOS
-
HTML
-
CSS
-
Android
-
Python
-
C Programming
-
C++
-
C#
-
MongoDB
-
MySQL
-
Javascript
-
PHP
-
Economics & Finance
Management Articles
Page 41 of 52
Useful Techniques to Conduct Procurement
It is quite common these days, to have the work outsourced to a third party vendor. Ask me why? Yes, one of the simple reason is that you won’t find the right talent all the time when you look at your internal staff – in the case of services. However, if your organization intends to buy products, then there is always the concept of make vs buy study which needs to be performed to get the cost effective benefit to the firm.Procuring the products or services is an art by itself. It takes a lot of analysis, research to finalize ...
Read MoreTop 10 Tools for Team Communication
In every walk of life, communication has become indispensable. Needless to say, team communications has become an integral part of each and every enterprise. E-mails are still being used by many enterprises for the sake of team communication. It is quite common these days for both employees and employers to see their respective email accounts flooded with newsletters, spam messages, unnecessary attachments etc. Despite the fact that top email service providers such as Google and Yahoo provide excellent filtering options, having a dedicated tool or software for seamless team communication will undoubtedly enhance the productivity of both employees and employers.In ...
Read MoreTop 10 Tools and Techniques to Estimate Project Cost
Estimating the project cost can be a scaring exercise for many managers. It is often seen that many project managers across the industries burn the midnight oil to prepare a perfect estimation. Despite all the efforts, when the project cost exceeds the estimated budget, they face a lot of flak from all the corners. Though a perfect and accurate estimation of project cost may sound like climbing onto the peak of Himalayas, but a near perfect, appropriate estimation can be done with the help of few proper tools and techniques.There are a lot of uncertainties associated with the project in ...
Read MoreWhat is Single Sign On (SSO)?
Single sign-on (SSO) is a meeting and client validation administration (service) that allows a client to utilize one lot of login certifications - for instance, a name and secret key - to get to numerous applications.SSO can be utilized by endeavours, littler associations, and people to facilitate the administration of different usernames and passwords.In an essential web SSO administration, an operator module on the application server recovers the particular validation qualifications for an individual client from a committed SSO arrangement server, while confirming the client against a client storehouse, An example of SSO is a Lightweight Directory Access Protocol (LDAP) ...
Read MoreDifference Between Fuzzy Set and Crisp Set
In this post, we will understand the difference between fuzzy set and crisp set −Fuzzy SetIt is understood using vague properties.Fuzzy set can have a progressive transition among many degrees of membership.They are generally used in fuzzy controllers.The elements have the ability to be partially included in the set.They are based on infinite-valued logic.They exhibit gradual membership degrees.There is an uncertainty about the set boundaries.Crisp SetIt can be understood using precise and certain characteristics.Here, the transition is sudden, and well defined, not gradual.The element can either be a member of a set or not, no partial ability given.It has a ...
Read MoreDifference Between ERP and CRM
In this post, we will understand the difference between CRM and ERP −CRM (Customer Relationship Management)It is a computer software that helps companies record every transaction and interaction with the present and prospective customers.It is a subset.It was developed in 1990.It is generally utilized in front office activities.It helps focus on improving the sales.It is customer oriented.This is what CRM includes −ERP (Enterprise Resource Planning)It is an integrated pre-packaged computer software that helps organizations in managing and controlling the business processes.It is a superset.It was developed in the 1960s – 1970s.It is generally utilized by back office activities.It helps focus ...
Read MoreDistinguish between contribution margin and gross margin.
The major differences between contribution margin and gross margin are as follows −Contribution MarginIt is used by pricing decision (whether product line is making profits or not).Contribution margin = difference between sales and variable costs divides by sales.It analyses profit metric per item.Only variable cost is considered for calculations.It determines the margin for production, where only variable costs are present.It detects variable costs and its percentage included in margin.It is useful for multiple scenario analysis.Gross MarginWhether production cost is covered by its sales or not.Gross margin = difference between revenue and Cost of goods sale/revenue.It analyses total profit metric.It considers ...
Read MoreDifferentiate between share outstanding and float.
The major differences between share outstanding and float are as follows −Share OutstandingThese are shares held by stakeholders, company officials and investors in public domain.Contains both stock float and restricted shares.Contains all shares of company held by its investors.It is used to calculate market capitalisation and earnings per share (EPS).It provides voting right and ownership right.Private or public limited company will issue these kinds.It has low risk.FloatIt is share issued by company to public and available to investors for trading in stock market.Contains only float stock.It is available for public.It acts as determinant of financial calculations.Won’t provide voting right and ...
Read MoreWrite the difference between discount rate and interest rate.
The major differences between discount rate and interest rate are as follows −Discount RateFederal reserve banks charges to depository institution/commercial banks on its overnight loans.Central banks decide the rate.It is not determined by market rate of interest.It determines present value of future cash flows.It focuses on investors view.The demand and supply has no effect on discount rate.Interest RateIt is an amount charged by lender to a borrower for use of assets.Commercial banks decide the rate.It depends on market rate of interest, creditworthiness etc.It can’t determine present value.It focuses on lender’s view.The demand and supply has effect on interest rate.
Read MoreCompare between Return on invested capital (ROIC) and Return on capital employed (ROCE).
The major differences between ROIC and ROCE are as follows −ROICROIC refers to Return on invested capital.It aims to find the return relative to capital which is invested in business.It evaluates profitability by considers only capital invested in the business.ROIC = Net operating profit/invested capital.Company said to be profitable, if ROIC is greater than zero.Measures after tax.It is more important for an investor.ROCEROCE refers to Return on capital Employed.Its main aim is to find return relative to total capital employed.It had very broad scope.ROCE = net operating profit/capital employed.Company said to be profitable, if ROCE greater than cost of capital.Measures ...
Read More