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 The entrepreneur is the most important person who organizes the production process in the business. Other than this function, all other resources such as land, labor, and capital are not used effectively. These resources are not able to invent any product without the guidance of the entrepreneur. The entrepreneur gives shape to other resources that exist […]

 This conflict is a major blow to the global economy that will hurt growth and increase inflation in the world. The Russian invasion of Ukraine harms not only the global economy but also kill millions of people who became homeless. The global financial market is also facing a lot of crises because of the war. […]

 Business intelligence is refers to process of using the information and the large database for managing their regular manage mental operation in organization. The organizers and other authority in the business higher the business intelligence tool for collecting the data regarding for current operation in order to maximizing their work flow in the business. These […]

 Planning refers to the advanced decision of what to do and how to do it. This is the basic managerial function before doing some thinking. Planning has a very important role in the business. The leader decides on the object and then formulates an idea of how to work on the particular task. This is […]

 Recently an article has been published in New York Times that one of the last world’s last processors of rare earth metals outside china is buying mining rights in Greenland to reduce the dependency on Russia and stabilize the prices. The world faces a disruption in the supply chain after Russia invades Ukraine. Rare earth […]

 Capital structure is one of the important decisions taken by firms. Capital structure decision is taken under the financial management that is related to the financial pattern or the proportion of using the different sources in raising funds. The funds are categorized into two parts: the first is ownership-biased funds and the second is borrowed […]

 According to the world economic forum, the future of work report 2020 estimates that the demand for data scientists will be the highest by 2025. The demand for professional data scientists and cloud computing is the most demanded skill. It is predicted that 70 percent of organizations will focus on small and wide data by […]

 Nature refers to the qualities and attributes of anything. Principle contains general prepositions, which are applicable when certain contributions are present. These are developed on the basis of observation and experiment as well. It is depending on the personal experiences of the manager also. it also depends on how they are derived and how effective […]

 Sri Lanka has faced a lot of crises in recent months. Crisis faced like political crises, economic crises, financial crises, and many more. Recently a month ago, it suffered from a shortage of foreign currency, the government was not able to pay for essential imports, including fuel, and many more. It leads to immense power […]

 A business creates a budget because it is a powerful tool for a business to the comparison of actual future performance to an ideal scenario that incorporates its best estimation of sales, expenditure, assets replacement, cash flow, and other factors. A budget gives an estimation and an overall rough idea of business activities that help […]