Month: January 2022

Increasing competition demands more competitiveness from companies and constant and accurate information about competitors and the market place. This requires the development of performance evaluation methods. In accordance to RBV (Resource Based View) approach, the main cause of the variety Read More …

Setting strategic objectives needs to be more of a top-down than a bottom-up process in order to: Provide guidance to lower level managers and units. Support Companywide interests. Be cascaded downwards A strategic objective is an objective of medium and Read More …

LEVEL LEARNING OUTCOME IN ETHICAL AND PROFFESIONAL STARNDARDS INTRODUCTION As a candidate in the CFA Program, you are both expected and required to meet high ethical standards. This reading introduces ideas and concepts that will help you understand the importance Read More …

To survive or prosper in the global business environment, a firm must be skilful in how it applies its strategies to compete globally. Although global competitive strategies are imperative for firms operating in multiple countries, the solely domestic firm must Read More …

Change in any institution starts with leadership of an institution. We shall therefore look at leadership and Hofstede‘s cultural dimensions. Hofstede’s Cultural Dimensions Power Distance Index (PDI) focuses on the degree of equality, or inequality, between people in the country’s Read More …

Professionalism means conforming either to the technical or ethical standards of profession or an occuplion regarded as such. The important role that managers play in modern business organizations requires a professional approach or what is called professionalism in management. Challenges Read More …