Business environment is very dynamic characterized by unpredictable change. The rate of change is too fast for organizations to quickly adopt and face challenges. Organizations try to make internal changes and infuse speed and flexibility to cope with these external changes. These changes bring...

The purpose of this case study* is to create an insight into causes and consequences of debt trap in business. This case study outlines the journey of Mr. Mr. Surinder Agarwal**, an entrepreneur who leaves the job to start on own and was forced to move back to job due to various circumstances....

Entrepreneurs face ethical dilemmas and these ethical dilemmas can be resolved using various theoretical models available in the management domain. Majority of the management programmes emphasize on presenting these ethical model concepts without any linkage to the practice. The purpose of this...

This case study highlights the importance of planning before starting any business. Entrepreneurs are very optimistic and do not evaluate all the factors before starting the venture. After sometime the realization hits hard. By that time lot of money, effort and emotions have already gone in to...

The purpose of this case study (real life case study of a client who sought advice from the author) is to develop an insight into the ethical dilemmas faced by an entrepreneur. The case study outlines the situation faced by Mr. Saran Prasad (name altered to protect the identity of the client),...

Entrepreneurs take risk and build organizations that fuel the growth of economies. Number of studies have shown that risk taking is a personality trait as well as a result of contextual forces. It is affected by the perceived risk and the risk bearing capacity of an entrepreneur. Many studies...

Potential customer should have not only willingness but also ability to purchase. Financing provides convenience but cannot change the ability of a customer to buy. While extending credit increases sales, it may lead to bad debt if careful analysis is not carried out. Credit analysis should...

Managers spend a lot of time in oral communication. They delegate as well as lead the employees. What they say and how they say it equally important. The communication by the manages many a time is done with a sole objective of bringing in a change in the behavior of the employee. It also...

Consciousness affects managerial decision making in the real world. In today's dynamic and complex world, managers have to evaluate multiple criteria and various constraints associated with them. An attempt is made in this paper to rank managers into various consciousness levels based on the...

The origin of Agra Foundry industry dates back to the 17th century. The industry gradually developed into a small scale industry catering not only to domestic but also international demand. The usage of coke as a fuel in the foundries has caused lot of concern since 1970s. But only in 1990, the...