Category: Business Wiki

How to Manage a team of all stars…

When Bain & Company asked senior executives from 308 large companies how they form teams for their most important initiatives, most told us they assemble teams based on whoever is available. Only a small minority indicated that they consistently create all-star teams, comprised of their very best talent, to tackle their company’s highest-priority issues. This […]

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FAULTY PARTS IN RAIL & THEIR FINANCIAL IMPACT FOR TRANSIT AUTHORITIES…

One of the major problems for transit authorities and their maintenance personnel is the unexpected maintenance down time due to failing equipment and components. Besides the additional amount of resources and manpower going into the repair of the vehicle, the loss of revenue for a non-operating vehicle is enormous – especially if the failing equipment [...]
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Robust Design & Indestructible!

CAPTRON has dedicated itself to engineering a customizable and vandalism-proof sensor switch for various application areas, including but not limited to Hospitals, Spa’s, Hotels as well a Amusement Parks & Rides. We are able to cater for small engineering companies as well as large corporations and our customer portfolio includes SIEMENS, BOSCH, DORMA and many more. SIEMENS on Ferris […]

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Sidestepping Due Diligence, E-Commerce Giant Uber Falls Hard in India

Posted on January 2, 2015 by India Briefing By Adam Pitman The absence of modern e-commerce regulations in India has setback app-based Uber. While disruptive innovators regularly maintain that their businesses help develop regulatory environments, the risks of disruptive innovation can outweigh the rewards in countries where the rule of law is unpredictable and regulatory […]

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China – Ever more inventive

CHINA’S leaders see patents as rungs on the ladder to becoming an innovation powerhouse. So in five-year plans and through subsidies and official exhortations, they have encouraged locals to file patents. And locals have responded with gusto. Two years ago China’s patent office became the world’s busiest. Sceptics have scoffed that most of those filed […]

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Proper Business Plan

Definition of ‘Business Plan’ A written document that describes in detail how a new business is going to achieve its goals. A business plan will lay out a written plan from a marketing, financial and operational viewpoint. Sometimes a business plan is prepared for an established business that is moving in a new direction. The […]

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CAGR – Compound Annual Growth Rate

Definition of ‘Compound Annual Growth Rate – CAGR’ The year-over-year growth rate of an investment over a specified period of time. The compound annual growth rate is calculated by taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered. This can be written […]

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China GAAP vs. U.S. GAAP and IFRS

All foreign-invested enterprises in China are required to prepare financial reports at the end of each year using Chinese Accounting Standards (CAS). The objective of a statutory audit is to ensure that companies meet Chinese financial and accounting standards, including proper use of China GAAP. The CAS framework is based on three standards: Accounting Standards […]

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