Archive for August, 2009

Why have Profit Sharing? – Advantages and Disadvantages of Profit Sharing

Posted on August 18, 2009 in Entrepreneurship with No Comments

Profit sharing refers to monetary benefits offer to the employees by the employer apart from salary and bonuses. They are a form of incentives given to employees either directly or perhaps indirectly, depending upon the profits made by the respective company. The profit can be shared in the form of bonds, stocks or cash, which [...]

Top 5 Essential Tips how to Select a Career

Posted on August 18, 2009 in Jobs and Career with No Comments

Hard decisions have to be made at times, be it professional or personal. One has to decide for him or herself as to what he or she wants to make out of his or her life. Career selection is a difficult process. After all, the career one chooses, one has to live with all their [...]

Top 7 Ways of Winning over your Opponent

Posted on August 16, 2009 in Getting into Roots with No Comments

Opponents are there always in any field. One has to face up to the challenge. A person who can win over his or her opponents can be very successful in life. This is not so easy. It requires a certain kind of bent of mind, whereby you are able to assess what is in the [...]

Mall Culture in India during Recession

Posted on August 13, 2009 in Getting into Roots with No Comments

Mall culture is a new phenomenon in the India market scenario. Growing Westernization and the entry of multi-nationals has brought in the concept of consumerism. The IT industry has provided young people with fantastic pay packages, which they would like to spend on purchasing goods. Where else they would go, but to the malls. In [...]

Your Career or Personal Life

Posted on August 12, 2009 in Jobs and Career with 1 Comment

Career pursuits are essential both for men and women. Traditionally, men undertook vocational pursuits as they felt they were the sole bread earners. Now, women are also very much interested in career pursuits as they feel they are independent to take their own decisions concerning their lives and earn their living. Opportunities are manifold. Women [...]

The Art of Diplomacy – How and Why

Posted on August 12, 2009 in Personality Development with No Comments

A good conversationalist is successful in life. The art of speaking has to be cultivated and practiced upon in order to be able to communicate well to others. Some people are frank, but yet this does not pay at all times. Diplomacy helps overcome a particular situation or problem. One needs to be tactful at [...]

The role of Manpower in Business

Posted on August 10, 2009 in Business with No Comments

Staff plays a pivotal role in any business venture. Without adequate and supportive manpower a business cannot be successful. The staff should be well skilled and should be able to take on responsibilities with a lot of expertise. Managers run the show. Entrepreneurs delegate work to them and expect them to act on their behalf. [...]

Winning Strategies – Zeal to Win

Posted on August 8, 2009 in Getting into Roots with No Comments

Everybody wants to win. In a race, you would like to be first. In a business venture, you would like to make the highest profit. In sports event you would like to win the coveted cup. In other words you would always like to be winner. But is it easy to be one? What makes [...]

Why and How to Make Profits?

Posted on August 7, 2009 in Business with No Comments

Entrepreneurs invest in order to make profits. Profits are income for them. Some amount they use for their personal needs, and the rest of the amount they re-invest or use it to pay- off loans they may have borrowed. A business venture is considered to be successful when profits pour in. Incase the investor is [...]

Bird’s Eye View of the World Economy in Present Times

Posted on August 6, 2009 in World Economy with 1 Comment

The status of world economies varies from country to country. Rich nations normally enjoy a flourishing economy whereas poorer nations have to survive trying to meet their basic needs. Recession has no doubt made a dent on the economy of the rich nations as well, but under normal conditions well-to-do countries, such as the US, [...]