HOW TO FACE AN INTERVIEW

PART- 1 1. Golden Rule:  Speak      1) Loudly                                              2) Clearly                                              3) Slowly 2. You need to make sure that you arrive and are ready to take the phone call about 15 minutes before the scheduled interview...

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About Mutual Fund

What is a Mutual Fund? Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. Each scheme of a mutual fund can have different character and objectives. Mutual funds issue units to the investors, which represent an equitable right in the assets of the mutual fund. What is the difference between an open ended and close ended scheme?       Open ended funds can issue and redeem units any time during the life of the scheme while close ended funds can not issue new units except in case of bonus or rights issue. Hence, unit capital of open ended funds can fluctuate on...

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Components of a Strategy Statement

The strategy statement of a firm sets the firm’s long-term strategic direction and broad policy directions. It gives the firm a clear sense of direction and a blueprint for the firm’s activities for the upcoming years. The main constituents of a strategic statement are as follows:       1         Strategic Intent An organization’s strategic intent is the purpose that      it exists and why it will continue to exist, providing it maintains a competitive advantage. Strategic intent   gives a picture about what an organization must get    into immediately...

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Strategy-Definition And Features

The word “strategy” is derived from the Greek word “stratçgos”; stratus (meaning army) and “ago” (meaning leading/moving). Strategy is an action that managers take to attain one or more of the organization’s goals. Strategy can also be defined as “A general direction set for the company and its various components to achieve a desired state in the future. Strategy results from the detailed strategic planning process”. A strategy is all about integrating organizational activities and utilizing and allocating the scarce resources within the organizational environment so as to meet the present objectives. While planning a strategy it is essential to consider that decisions are not taken in a vaccum and that any act taken by a firm is likely to be met by a reaction from those affected,...

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