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Showing posts from February, 2023

Women's T20 World Cup: Virat Kohli the inspiration behind India's win vs Pakistan

 NEW DELHI: India kicked off their ICC Women's T2o World Cup campaign in style by beating arch-rivals Pakistan by 7 wickets in Cape Town. The win was India's 11th in 14 T20 meetings with their regional rivals. India batter Jemimah Rodrigues revealed that India's victory was inspired by "extraordinary" superstar Virat Kohli. Rodrigues, who hit an unbeaten 53 off 38 deliveries to steer her side to a win, admitted that memories of Kohli's blistering 82 not out off 53 balls in India's four-wicket victory against Pakistan in the Men's T20 World Cup last year had been inspirational. "India v Pakistan matches are always a little bit more special -- we spoke about it in the team meeting," said the 22-year-old. "Growing up we always watched these matches. I remember watching the match at the MCG where Virat Kohli played such an extraordinary knock. READ ALSO Women's T20 World Cup: Jemimah Rodrigues, Richa Ghosh power India to 7-wicket win ove...

14 principles of management

 1. Division of Work- Henri believed that segregating work in the workforce amongst the worker will enhance the quality of the product. Similarly, he also concluded that the division of work improves the productivity, efficiency, accuracy and speed of the workers. This principle is appropriate for both the managerial as well as a technical work level. 2. Authority and Responsibility- These are the two key aspects of management. Authority facilitates the management to work efficiently, and responsibility makes them responsible for the work done under their guidance or leadership. 3. Discipline- Without discipline, nothing can be accomplished. It is the core value for any project or any management. Good performance and sensible interrelation make the management job easy and comprehensive. Employees good behaviour also helps them smoothly build and progress in their professional careers. 4. Unity of Command- This means an employee should have only one boss and follow his command. If a...

How to Choose a Bank

  How to Choose a Bank Choosing a bank that’s right for you depends on the type of financial services you need, the interest rates the bank pays you for deposits, the interest rates it charges for loans or credit cards, other fees and overall convenience. Things to Consider When Choosing a Bank Services You Need Know what financial services you want from a bank and focus on banks that provide that type of service or offer the financial product you’re looking for. For most individuals, that may mean a commercial bank, but also consider a credit union if you qualify for a membership in one. Fees Look for low or zero fees. Fees can vary widely depending on the type of banking product or service, as well the bank. Typical fees include monthly maintenance fees for each account, credit card fees, ATM fees, overdraft fees, early withdrawal fees for CDs, overdraft fees if you spend more than is in your account and fees for other products or services. Check on all potential fees before you ...

Entrepreneurship in Indian Society

 Entrepreneurship in Indian Society In India, there is a peculiar Joint Family Structure, which has been a source of success of many Indian businesses. But that success has been possible due to economic liberalization in India. That success will continue, only if the reforms continue and if the risks that could derail the growth due to terrorism, political corruption, stalled reforms and growth that focuses only on the urban rich, are tackled well by the Government. (i) The pre 1990 period – For the old business houses, success had come from the close-knit joint family structure that fosters family values, teamwork, tenacity and continuity. Under this structure, generations lived and worked together under one roof. Wealth from the businesses supported the joint family by providing a social safety net for members. In the structure, businesses and families were intertwined though they were also distinct entities with separate rules. Hence, survival of the family became synonymous wit...

What are the Function of Entrepreneurship

  Functions of Entrepreneurship The various functions of entrepreneurship are Innovation and creativity, Risk taking and achievement and organization and management, Catalyst of Economic Development, Overcoming Resistance to Change and Research. These have been depicted, at a glance, with the help of the given Figure and are being discussed, in brief, below. (i) Innovation and Creativity – Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services. Creativity is defined as “the tendency to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others. Creativity and innovation have always been recognized as a sure path to success. Entrepreneurs think outside of the box and explore new areas for cost-effective business solutions. (ii) Risk taking and Ach...

Types of banks and forms of banking

Types of Banks  There are three kinds of banks in our country: Commercial Banking  These are banks that service individual customers.  They offer loans, investment options, and even Demat accounts for stock trading.  Corporate Banking  These banks specialize in the complex financial needs of large institutions. Corporate banking services include current accounts, checking accounts, escrow accounts, and credit facilities. Central Banking  These banks are the central regulatory authority of all banks in a country. In India, banks are regulated by the Reserve Bank of India.    Forms of Banking Banking today exists in a myriad of forms, thanks to the advancement of technology. Mobile Banking  Banks today have a mobile app where account holders can make transactions, check balances, open deposits and more.  Most people today prefer a mobile app over a physical bank branch for basic functions.  Internet Banking  Banks today also have...

What is banking

Banking Banking includes a wide variety of financial institutions that store the money of individuals, businesses and other entities. Banks provide financial services that help people save, manage and invest their money. What Is Banking? Banking is the business of protecting money for others. Banks lend this money, generating interest that creates profits for the bank and its customers. A bank is a financial institution licensed to accept deposits and make loans. But they may also perform other financial services. The term “bank” can refer to many different types of financial institutions — including bank and trust companies, savings and loan associations, credit unions or any other type of institution that accepts deposits. Why Use a Bank in the First Place? Security Banks protect your cash from theft and natural disasters like fires or floods. Your insurance may not cover money lost in your home, car or on your person. But banks don’t typically carry the same risk. Insurance Banking ...

Entrepreneurship - Types of Entrepreneurship

Table of Content Meaning Types of Entrepreneurship Characteristics Importance Concept of Entrepreneurship Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses. What Is Entrepreneurship In economics, entrepreneurship connected with land, labour, natural resources and capital can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and is an indispensable part of a nation’s capacity to succeed in an ever-changing and more competitive global marketplace. Meaning of Entrepreneur The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture. The entrepreneurs are often known as a so...

What is Marketing: Definition, Types, Stages

  Table of Contents What is marketing?  Purpose of Marketing 4 Ps of Marketing Four Stages of Marketing Types of Marketing Marketing Jobs: Career Guide What is marketing?  Marketing refers to the activities an organization undertakes to promote the buying and selling of a product or service. It includes selling, advertising and delivering products to consumers and other businesses.  Marketing aims to deliver standalone value for consumers and prospects with a long-term goal of demonstrating the product value, loyalty, strengthening the brand, and increasing sales. Marketing involves all actions a company takes to draw customers and maintain a relationship with them. At a standard level, marketing seeks to match the company’s product and services to those customers who want access to the products and services. Purpose of Marketing Marketing is the process of getting people interested in your organization’s product or service. It happens through analysis, research and ...

What is statistics

 Statistics (from German: Statistik, orig. "description of a state, a country")[1][2] is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.[3][4][5] In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as "all people living in a country" or "every atom composing a crystal". Statistics deals with every aspect of data, including the planning of data collection in terms of the design of surveys and experiments.[6] The normal distribution, a very common probability density, is used extensively in inferential statistics. Scatter plots and line charts are used in descriptive statistics to show the observed relationships between different variables, here using the Iris flower data set. When census data cannot be collected, statistici...