In organizations, leaders must get tasks done through their team members. On the surface, this appears to be an easy thing to do, as leaders have formal authority over their team members (by virtue of organizational hierarchy) and so, can simply issue orders to get things done.
For any company involved in manufacturing and selling of tangible products, both marketing and supply chain forms an essential aspect of business.
The Nano debuted in 2008. It was expected to be a historic event – the launch of the cheapest car ever to be sold on the planet. Auto analysts across the world prophesized the Nano would be a game changer for the Indian auto industry.
Traffic jams are a pain. It disrupts schedules and is a common excuse that people give for reaching late to work. But have you ever wondered what causes these traffic jams? One such day I decided to get out of my car and observe the various events that leads to this event.
In era when accounting was invented, bulk of the cost of a product was truly variable. However in the current era, period expense has become substantial. So, when a significant portion of expenses is artificially allocated to a product, it creates many problems when these variables are used as measurements for decision making.