Charted Accountant in dwarka

Speech is a great blessing, but it can also be a great curse, for while it helps us to make our intention and desire known to fellows it can also, if we use it carelessly, make our attitude completely misunderstood. A slip of the tongue may create an enemy. Speech is not a gift to use lightly without though but one which demand careful handling, only a fool will express himself alike, to all kinds of men.

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A sense of Communication

When you speak the audience must feel that you are delivering a message to them. That is the first essential of good talking. To give the audience a sense of communication, you must speak to them intimately. You must look over them at the wall and utter the words mechanically. That is soliloquy, not talk. Talk to the audience directly as if you are engaged in a conversation with them. Your tone must be natural, enlarged a bit. You must not imitate others. You must be your natural self. You must have individuality. As a speaker that is your most precious possession. Thus only, a sense of communication can be established. And once the sense of communication is established, you gain the confidence of the audience and you make a deep impression on them.

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Business Lacks Social Skills

Involvement of business in social affairs would enhance the already high power business in society. With huge financial resources at their command, businessmen may dominate major social institutions, like religious, educational, military and government. Once the business is allowed to intervene in social the society. It will acquire wide powers over society without corresponding account-ability to the public. That is why, public in general does not support/prefer business involvement in social issues. Social responsibility doctrine will lead to a new feudalism in which businessmen would exercise influence over everyone and everything.

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Man and Actor

As Shakespeare has said: " All the world's a stage, and all the men women merely players," Ramana     Maharshi often referred to this metaphor comparing man and actor: " All the actions that a body is to perform are already decided upon at the time it comes into identify yourself with the body."


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Taking Ownership

Taking ownership or being accountable means taking full responsibility of the task that you are involved in. The result of that ownership does not matter too much. It could be good or bad but being responsible means you do not take the victim position but take the responsible position.
Things must happen because of you, not to you. Instead of playing the blame game, you actually take the onus of doing something about the situation.

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Personal Incentive and Supervision

There is no divorce between ownership and management. Partners share in the profits and losses of the firm and there is motivation to improve the efficiency of the business. Personal control by the partner increases and the possibility of success. Unlimited liability encourages caution and care on the part of partners. Fear of unlimited liability discourages reckless and hasty action and motivates the partner to put their best efforts.

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Full Interruption Test

The full interruption test is the most comprehensive type of test. In a full test, a real emergency is simulated as closely as possible. Therefore, comprehensive planning should be a prerequisite to this type of test to ensure that business operations are not negatively affected. The organisation implements all or portions of its BCP by processing data and transactions using back up media at the recovery site.

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Selecting Records

Before one can perform an operation on a column or row, one must select int. In order to select a column, click the column head. In order to select several column, one can click a column head and then drag. in order to select a row, then click the blank area to the left of the row. In order to select several rows, one can click the bank area to the left of a row and then drag. In order to select the entire table, click the select All bottom in the upper-left corner of the table.

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Mobile Application

The mobile applications are quite volatile as mobile manufacturers continue to introduce new device and approaches, picking a stable platform remain a difficult decision. Despite the fact that consumer phone are exciting, one needs to wait for validation of new platforms before basing the business IT strategy on them.


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Wise-man's Strategic Model

Charles Wise-man emphasized that since the organisations have started using information systems for managing their business activities, it is important for these organisation to use the information system for gaining the desired competitive advantage. Wise-man also stressed that the significance of information system does not lie only in the technological sophistication, but upon the role that they play in gaining and maintaining the competitive advantage for the organisations. It is also true that one may not get the competitive advantage all the time by implementing information systems solutions, but it certainly can serve as an important tool in organisation's strategic plan. Add to that, wise-man suggested that while developing a strategic plan, both business and information management people must be involved, as this will help on better integration of technology into the business.

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Greater Risk

Due to concentration of resources, risk are increased after combination. There are risks also due to the public distrust, danger of legal action, possibility of inefficient and dishonest management. All eggs are put in one basket, the contract of combination may not be kept, and every unit places itself at the mercy of erstwhile rivals.


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Line Authority Relationship

The ultimate responsibility for management lies with the Minister concerned. The Minister, in turn, delegates his authority downward to the various levels, e.g., the department head, the chief executive of the undertaking, etc. Thus there is line authority relationship among the executives.


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Transfer ability of Shares

A member of a public limited company can freely transfer his shares without the consent of other members. Shares of public companies are generally listed on a stock exchange so that people can easily buy and sell them. Facility of transfer of shares makes investment in companies liquid and encourages investment of public saving in into the corporate sector.


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Testing Methods

The testing methods can vary from simple to complex depending on the preparation and resources required. Each bears its characteristics, objectives, and benefits. The testing methods include both business recovery and disaster recovery exercises. The business recovery exercises focus on testing the continuity of technology components, including systems, networks, applications, and data.



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Online Strategy

The next stage in the e-business model is defining the online strategy. As part of the online strategy, one needs to decide on the online product, services or information offering. Defining the online offering requires organisations to identify the scope of offering; identify the customer decision process, and also to mp the offering to the customer buying process. All these tasks need to be performed in  sequential manner. The basic objective of  formulating the online strategy is to identify the activities or tasks to be performed in the online space and the activities or tasks to be performed in the online space using traditional infrastructure.

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Indexed Sequential Access Organisation

Here the records are stored sequentially on a direct access device i.e. magnetic sick and the data is accessible randomly and sequentially. It covers the positive aspects of both sequential and direct access files. In this the search key is compared with the index ones to find the highest index key preceding the search one, and a liner search is performed from the record the index key point onward, until the search key in matched, or until the record pointed by the next index entry is reached. The type of file organisation is suitable for both batch processing and online processing and online processing. Here,  the records are organised in sequence for efficient processing of large batch jobs but an index is also used to speed up access to the records. The indexing permit access to selected records without searching the entire file.

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Organisational Structure

Organisations are structure in many ways, which is dependent on their objectives and culture. The structure of an organisation defines how it is going to operate and perform business. With organisation structure one defines the responsibilities foe different function and processes to different departments and employees. Organisational structure are created to maximize the efficiency and success of the organisation. So, it becomes important to understand the complete structure of an organisation while implementing the information system.


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Artificial legal person

A company is an artificial person created by law and existing only in contemplation of law. It is intangible and invisible having no body and so soul.c It is an artificial person because it does not come into existence through nature birth and if does not possess the physical attributes of a nature person. Like a nature person, it has right and obligations in terms of law. But it cannot do those acts which only a natural person can do, e.g., taking an oath in person, enjoying married life, going to jail, practicing profession, etc. A company is not a citizen and to enjoys no franchise or other fundamental rights.

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Advantages of Industrial Estates

An industrial estate provides seneral benefits to the entrepreneurs. First, it offers factory accommodation at a low cast. They do not have to make huge capital investment and need not incur cost of survey or finding a suitable location of the plant. Secondly, all service and facilities, e.g., banking transport, warehousing, insurance, are easily available to all the units at subsidized rates. Thirdly, all the member units enjoy the external economies, protection and assistance from public authorities and the government. Capital investment and risks of entrepreneurs are considerably reduced due to the provision of large variety of service and infrastructure by the sponsoring authorities. Lastly, an industrial estate offers social advantage. It help in the planned development of all regions, in promoting spirit of cooperation and joint effort, in generating employment on a large scale and in removing poverty and in improving the standard of living of the people.

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Flexcibility

Small industries are subject to wide variations in demand, e.g., manufacture of jewellery, fashion garments, etc. In such cases, greater flexibility of operations is required. Small firm are more flexible due to simple technology and low overheads. They are capable of being adapted to changing tasted and fashions. They can easily make changes in products and can shift to new lines of business whenever the need arises. Therefore, small firms are more suited in the production and distribution of special items having temporary demand. New techniques can be adopted without causing technological unemployment.



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