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Managerial Accounting

Mastering Operation Management Concepts: A Guide for MBA Students

Operation management is like a magical factory that takes raw materials (in this case, ideas) and turns them into fantastic products and services.

Social Exchange Theory: Building Connections Through Reciprocity

The Social Exchange Theory, which lies at the heart of our social interactions, is a beautiful reminder of the power of reciprocity and collaboration in our everyday lives.

Embracing Competitive Advantages in a Globalized Economy

In an increasingly globalized economy, organizations face a myriad of challenges in order to maintain their growth, sustainability, and profitability.

What is GAAP in accounting?

GAAP is an acronym for Generally Accepted Accounting Principles, which are a set of guidelines that public accounting firms use to maintain the integrity of financial statements

What is a Balanced Sheet? And Why is it So Important in Accounting

An income statement is a financial document that summarises the company’s revenues, expenses, and net income for a given period of time while the cash flow statement is a financial document that provides information on how cash flows through an organisation over a period of time. 

Current Ratio, Current Assets vs Current Liabilities Explained

The current ratio is a measure of the liquidity of a company's balance sheet. It is calculated by dividing the current assets by the current liabilities, and it can be interpreted as follows

Difference between Financial accounting and Managerial accounting?

I always like to explain complicated abstract concepts in a more systematic way. One of my favourite masters of management and leadership is Peter Dructer.

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Mastering Operation Management Concepts: A Guide for MBA Students

Operation management is like a magical factory that takes raw materials (in this case, ideas) and turns them into fantastic products and services.

Social Exchange Theory: Building Connections Through Reciprocity

The Social Exchange Theory, which lies at the heart of our social interactions, is a beautiful reminder of the power of reciprocity and collaboration in our everyday lives.

Embracing Competitive Advantages in a Globalized Economy

In an increasingly globalized economy, organizations face a myriad of challenges in order to maintain their growth, sustainability, and profitability.

What are the differences between vision, mission and strategy?

Vision, mission, and strategy are three key elements of strategic management, but they have different meanings and functions

What is VRIO Analysis? Key tool for Competitive Advantage

VRIO analysis is a framework used in strategic management to assess the resources and capabilities of a company and evaluate their potential for competitive advantage
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