India is a land of diversity. The country is home to people belonging to different cultures. Due to this large variety of people, it is difficult for India to have a Numero Uno social media platform. Nevertheless, Facebook seems to have found strong roots in the nation.
Wednesday, 30 January 2013
The internet has completely revolutionized the world. Just like any other country, India, too, has seen an influx of several social media platforms. It is among the world's fastest growing economies with a sizeable number of the population, according to BBC 121 million, having access to the internet.
Monday, 21 January 2013
There are many risk classification options that companies can choose from. The best option depends on several things including the nature, complexity and size of the business. ISO 31000 provides answers to this problem but does not suggest any precise risk classification method. It emphasizes that every organization should develop its own system keeping in mind its needs and other relevant factors.
Since every business is different, it faces different types of risks. This is why it is important that companies perform a business risk assessment as a part of business risk management to understand the risks it faces.
Tuesday, 15 January 2013
Over the preceding years, e-commerce has grown immense popularity. Many of the businesses now operate online giving an opportunity to individuals to shop online for their convenience. Shopping online would definitely mean paying for the goods or services online as well.
Similarly, e-banking has grown prominence over the traditional banking platform, due to the number of advantages accompanied with the e-banking platform, mainly, convenience and time savings.
Sunday, 13 January 2013
The Human Resource department performs several functions including recruitment and retention of employees. Recruitment involves creating a pool of potential employees and then selecting final employees from that pool. Conversely, retention is about keeping the employees you hire.
For every business, it is important to hire the right kind of people for every job and then make sure that the talented employees continue to perform with the company. For this there should be a proper employee management and retention system.