What does the term “long position” mean in forex trading? When trading forex, you’ll likely hear the term “long position.”A long position is when you buy a currency pair and hope to sell it at a higher price later. But what does that mean? It’s the opposite of a short position when you sell a currency … Read more
A Complete Guide To IT Portfolio Management Frameworks & Best Practices Businesses with significant IT resources at their disposal, and projects which involve the deployment of tech assets, stand to benefit significantly from IT portfolio management. There are frameworks designed to codify this discipline and best practices that have to be followed to ensure the … Read more
Best Master Data Management Strategies While a right master data management strategy has numerous benefits — higher operational efficiency, business insights, and enhanced compliance level — you cannot pursue all of them simultaneously. Especially in case you’ve never practiced master data before. You need to choose, so let’s have a look at these three basic … Read more
Clear Feedback Helps Minimize the Risk of a Toxic Work Environment A toxic work environment refers to working somewhere in which there is a negative atmosphere. That could be caused by coworkers, supervisors, managers, or even the company culture, or a combination of those. Work environments that are toxic can be very challenging. Employees could … Read more
Common Problems That Sensitivity Training Should Solve The word ‘manager’ is often used in the wrong contexts, so we rarely know what they actually do. By definition, they are employees in a company who deal with management. So, they handle people and processes to ensure that all parts of the organization work smoothly. Managers drive … Read more
The 7 Best Asana Time Tracking Integrations for Effective Time Management Effective project management is a crucial element of a successful business. However, it’s no longer as simple as routine in-person meetings to discuss project progress. Many teams now work remotely or in a hybrid environment, meaning technology has become critical in workplace communication. Consequently, … Read more
Functions Of Attitude Attitude refers to a set of opinion, purpose, or interest predispositions that involves expecting a certain level of experience and readiness coupled with an appropriate response. Attitudes can also be termed as “frames of reference.” Attitudes usually provide a background against which events and facts are viewed. A person’s attitude determines their … Read more
Top International Recruitment Methods Overseas human resources (HR) managers must determine the global competitiveness of possible applicants during the hiring process while recruiting for international operations. Multinational organizations’ employees must also understand the subtleties of international commerce. Consequently, foreign expertise and experience must be considered as criteria in the recruiting process. But that’s not all—the … Read more
The Hottest Jobs in Business Management for 2022 What are the most lucrative and popular jobs in business management for 2022? In order to answer that question fully, it’s important to know that the economy is currently in a rather unique state. When that’s the case, there are some jobs that fall out of favor … Read more
Bilateral Mistakes: Everything You Need to Know A bilateral mistake is a mutual legal mistake that arises when two parties are falsely working on false information—this can be difficult as the parties have a wrong interpretation of the contract terms. At times it’s impracticable to attain the contract’s requirements when both parties aren’t aware of … Read more
Call On Shares Definition According to the definition in the Companies Act of 2013, a company is a legal entity formed by an association of people or persons who come together for a specific objective under this act or previous company law. SeveralCompany companies such as unlimited companies, companies limited by guarantee, companies limited by … Read more
What Is Material Alteration? The term material alteration refers to a modification or change in the instrument’s material components. It can be described as any modification that affects the instrument’s basic essence. Therefore, the alterations can transform and damage the original instrument’s legal identity, causing it to speak a different language in legal effect than … Read more
Utilitarian Organization A utilitarian organization is a formal organization in which a group or individuals join to earn a monetary benefit or any other incentive provided to those who join—this is a big secondary group built on impersonal and transient connections. What is a Utilitarian Organization? A remunerative organization—a utilitarian organization—is one of the three … Read more
Patronage Buying Motives of Consumers The buying motive is the desire or motive to fulfill a desire or need that drives people to purchase goods or services. Every purchase is motivated by a buying motive. It refers to the buyers’ thoughts, feelings, emotions, and instincts that arouse a desire to purchase an item. Buyers don’t … Read more
Everything About Statutory Company (With Examples) Taxation is not the only method the government makes money. A statutory corporation’s primary goals are to generate income and be commercially successful. As a result, they are pretty much like any other firm. What distinguishes them, the payout is how they are created and managed. This article will … Read more
