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Showing posts from October, 2009

ratio analysis

Introduction A tool used by individuals to conduct a quantitative analysis of information in a company's financial statements. Ratios are calculated from current year numbers and are then compared to previous years, other companies, the industry, or even the economy to judge the performance of the company. Ratio analysis is predominately used by proponents of fundamental analysis Definition “a ratio is simply one number expressed in terms of another. It is found by dividing one number into the other” - R.N.Anthony Sources of these ratios: 1. Balance sheet 2. Income statement 3. Statement of cash flow 4. Statement of retained earning 5. Financial statements Uses of ratio analysis Helpful in analysis of financial statement: - It is helpful to analysis the balance sheet and profit and loss account Simplification of accounting data: - With the help of ratio analysis we easily understand the accounting data Helpful

motivation

MOTIVATION It means to inspire someone, encourage someone, to persuade someone. It is defined as driving force or internal force with in an individual that propels/implies. Some one to take action/to do work Motivation based on Latin word MOVERE, motive (need) has been defined as A motive is an inner state that energises, activates, or moves and that directs behaviour towards goal. Motive is energizer of action Motivating is the channelisation and activation of motives Motivation is the work behaviour itself. Motivation depends on motives and motivating, it become a complex process Nature of motivation Based on motives Motivation based on individual motives, which are internal to the individual. These motives are in form of feelings Affected by motivating Motivation effected by way the individual is motivated. The act of motivating changeless needs satisfaction. It can also activate the latent needs in the individual Goal oriented behaviour Motivation leads to

Negotiation in business communication

Introduction Negotiating is an activity that all managers need dozen of time every day. The aim of negotiation is to explore a situation to find out solution that is acceptable by both parties. Negotiation normally occurs between companies, groups or individuals because one has something the other wants and is willing to bargain to get it. Negotiation is one of the key skills of conflict resolution or dispute resolution and is central to success because it combines communication, persuasion and resolution. Definition Negotiation is the process in which two or more individuals or group, having both common and conflicting goals, state and discuss proposal for specific terms of a possible agreement. Good negotiation skills are essential for the smooth running of any business. One should be able to negotiate in many different situations to get the results that are wanted and needed every time. Hello readers, if you like it my post then please click on advertisments and add as