top of page

Discover Quality Workplace
All the Latest
Search


Theory of Game, Segmentation matrix, Profit Pool Analysis and Strategic Groups
Porter's Five Competition framework is one of the most widely used tools for business strategy, determining the industry profitability...

Agnes Sopel
Jul 8, 202314 min read
Â
Â
Â


Five Forces Framework, Forecasting Industry Profitability and Determining Industry Success Factors
Business strategy is essentially a quest fo profit and we need to identify the sources of profit in external environment. We are to...

Agnes Sopel
Jun 25, 202314 min read
Â
Â
Â


Business stakeholders and corporate governance
Stakeholders Stakeholders and governance play crucial role in business strategy. Strategy decisions are influenced by different...

Agnes Sopel
Jun 24, 20233 min read
Â
Â
Â


Introduction to strategy
Strategy is the direction of the organisation. There needs to be a careful analysis of relevant data and then a decision of what the...

Agnes Sopel
Jun 17, 20237 min read
Â
Â
Â


Six Sigma - Good enough is never enough!
Six Sigma is an approach to eliminate defects based on data for the development of reliable processes so that they deliver the intended...

Agnes Sopel
May 9, 202310 min read
Â
Â
Â


Management accounting performance management techniques
In this blog I will be dealing with some common issues in management accounting and some widely adopted management accounting performance...

Agnes Sopel
May 1, 202324 min read
Â
Â
Â


Working capital management and procurement
Businesses generally use more then one method to assess potential projects and there are some practicalities associated with investment...

Agnes Sopel
Apr 29, 20238 min read
Â
Â
Â


Principles of procurement - fixed price and cost reimbursement
Procurement is a process of acquiring goods from supplier or services from service provider. It can be a complex process and the degree...

Agnes Sopel
Apr 29, 20238 min read
Â
Â
Â


Managing working capital
Working capital is defined as current assets less current liabilities. The main elements of assets are: * inventories, * trade...

Agnes Sopel
Apr 28, 202314 min read
Â
Â
Â


Working capital management - management of inventory, payables and receivables - WCR determination
In this blog, we will look at the short-term elements of the balance sheet, the net current asset or working capital which is normally...

Agnes Sopel
Apr 27, 202314 min read
Â
Â
Â


Making capital investment decisions - PP, ARR, NPV and IRR
In this blog we will assess on how business should assess potential investments in new plant, machinery, buildings and other long-term...

Agnes Sopel
Apr 26, 20237 min read
Â
Â
Â


Internal rate of return
The Internal Rate of Return (IRR) method is based on discounting. It is very similar to the NPV method mentioned and explained in my...

Agnes Sopel
Apr 26, 20233 min read
Â
Â
Â


Net present value - NPV calculation
Unlike the Payback and the Accounting rate of investment (ARR) methods mentioned in my previous blogs, the net present value (NPV) method...

Agnes Sopel
Apr 23, 20238 min read
Â
Â
Â


Accounting rate of return - calculating return of short-term projects
Accounting rate of return is another method of calculating the profitability and feasibility of a project or investment. It attempts to...

Agnes Sopel
Apr 23, 20235 min read
Â
Â
Â


Discounted payback calculation
In my previous blog on Payback method calculation, I mentioned that although the method can give a quick snap on the project risks and...

Agnes Sopel
Apr 23, 20234 min read
Â
Â
Â


Payback method to calculate return on investment - the first step of determining project risks
In this blog I will try to explain one of the simplest calculation techniques that can help managers select particular investment. As...

Agnes Sopel
Apr 23, 20234 min read
Â
Â
Â


Managerial decision making and cost
There are different decisions that managers need to make as part of business management. For example, on whether to close a factory, ...

Agnes Sopel
Apr 22, 20236 min read
Â
Â
Â


How contribution analysis helps with short term managerial decisions
Contribution analysis is a technique for decision making. Contribution (C) is the difference between the Sales revenue (S) of a project...

Agnes Sopel
Apr 22, 20235 min read
Â
Â
Â


Standard costing - the capacity, efficacy, production volume ratios and sales ratios
Standard costing is driven by labour efficacy, machine utilisation and absorption of overhead. This is called 'lean accounting' but many...

Agnes Sopel
Apr 16, 20237 min read
Â
Â
Â


Management control - the academia definitions
Controls encompass all the methods and procedures that directs employees to achieve the organisational aims and objectives. Such controls...

Agnes Sopel
Apr 16, 20235 min read
Â
Â
Â
Home: Blog2

We get you!
Home: Video
Home: Subscribe

Contact
Home: Contact
bottom of page