Asad's Business and Technology Articles

I collected the 5- Best definitions of Business in order to clearly teach business as well as non-business students and other readers for conceptually understand the basic meaning of business. An   organization   or   economic system   where   goods and services   are exchanged for one another or for   money A   business , also known as an   enterprise   or a   firm , is an   organization   involved in the   trade   of   goods ,   services , or both to   consumers Business is an   economic activity , which is related with continuous and regular production and distribution of goods and services for satisfying human wants. Business refers to a form of activity conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted.   A  commercial  activity engaged in as a  means  of livelihood or  profit , o...

Globalization of business, revolution of Information and Communication Technology (ICT), changing in Govt. regulations, impact of prices and fluctuation in foreign currencies rates, requirement of funding for business expansion, all these factors compelling the corporate world to change and reconstruct their capital structure. Companies often change capital structure by issuing new shares through Initial Public Offer (IPO) usually with Bank's joint venture. Shares sometime issue on discount, means below face value, or by purchasing of its own shares from stock market. Amalgamation is one of the common technique for alteration of capital structure. It is a process in which two companies combines together and form new company with new funding, new resources for expansion of business. Both companies (Amalgamating and Amalgamated) assets and liabilities are revalued and restated in order to represent true financial position. The reason for amalgamation may be to expand business...

In order to understand the definition of Project Management we need to understand what Project is. Project is a temporary endeavor undertaken to produce a unique product or service within a specified time. Project Management move around three parameters - Time(Scheduling), Cost and Quality(Performance). Project must be completed in agreed time, it should be completed in estimated cost and the project shall meet the Quality settled.