Tag: Processes

Global Economy

Global Economy …. challenges and risks

Global Economy …. challenges and risks Introduction You may have heard the term “global economy” thrown around a lot lately. What does it mean, and what are the risks and challenges involved? Simply put, the global economy is the economic network of countries and businesses around the world. It’s constantly evolving, as countries open up […]

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Operational Management

Operational Management

Operational Management Operational Management is the art or science of running an organization. Every organization requires a leader to manage things well. The management concept is derived from the Greek word ‘cheironomia,’ which means to steer or lead. In the past, management was a male-dominated profession, but progress has made it more gender-balanced. A good […]

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Benefits of financial consulting

Benefits of Financial Consulting

Benefits of Financial Consulting Financial consulting has become a critical aspect of many businesses, as it helps to ensure that the finances of the company are managed in the most effective and efficient way possible. Financial consulting can help a business to save money, improve its financial performance, and even make more money. Here are […]

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Skills of a successful manager

Skills of a Successful Manager

Skills of a Successful Manager The role of a successful manager is one of the most important positions in any organization and company. A successful manager must have a wide range of skills to be effective. The following are some of the essential skills a successful manager should possess. First Skill > Communication: A manager […]

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Business Development

Business Development

Business Development Business development is a set of activities aimed at increasing the profitability and size of a business. It is a process of establishing new relationships with customers, partners, and other stakeholders, as well as developing new products and services. It involves marketing, sales, customer service, and other activities that contribute to a company’s […]

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Bank Fraud - Modern methods

Bank Fraud – Modern methods

Bank Fraud – Modern methods Modern bank fraud methods – Banking services have developed during the last 5 years as a result of the use of financial technology with amazing development, the electronic phone wallet, and Internet banking. And Token management programs have appeared. Customer accounts and other customers’ accounts within the customer’s bank and […]

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Credit Risk Reduction Strategies for Your Business

Credit Risk Reduction Strategies for Your Business

Credit Risk Reduction Strategies for Your Business Introduction When it comes to doing business, one of the biggest concerns you face is credit risk. This is the risk that a customer won’t pay their bill, leaving you out of pocket. While you can never completely eliminate this risk, there are steps you can take to […]

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online fraud

Online Fraud

Online Fraud Online fraud – also called e-commerce fraud – occurs when someone uses stolen or fake information to make an online purchase. Certified Fraud Specialist – CFS (USA) Understand the different types of online fraud There are many types of e-commerce fraud, but here are four of the most common: Account Takeover Fraud (ATO): […]

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Sales Budget

Sales Budget

Sales budget: The most important technique for forecasting sales Sales budget: The sales budget is the starting point in preparing the planning budget. It is a quantitative statement that shows the value of the products expected to be sold during the budget period, classified on a geographic or time basis, or both. Budgeting Diploma Sales […]

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Financial Management Rules

Financial Management Rules

Financial Management Rules Financial Management is a set of rules that study the best possible ways to obtain a financial profit and provide the ability to finance all the tasks that take place within the facility. The financial department seeks to support the production and marketing of goods or services that are provided through the […]

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