Business and Financial Guru

The advice collection of business, financial, forex and money from World Business guru.

Archive for the ‘Theory’

Learning More about Bankruptcy

Posted by socialita

bankruptcy 280x300 Learning More about BankruptcyAs businessmen and businesswomen, we should continue learning about business world, not only about profit and loss, employees, but also about bankruptcy. Of course, we don’t want this bad situation happens to our company. But, before we go further, do you know that bankruptcy is not always identical with loss? Some companies declared their bankruptcy due to they don’t want to continue the business because they’ve seen another big opportunity in other field. Read the rest of this entry »

21

July
2011
Time: 2:27

Study of Hawthorne about Lighting

Posted by socialita

The Hawthorne studies are series of productivity experiments conducted at Western Electric from 1927 to 1932. They are about the productivity of workers increased when lighting was both better and worse suggesting that workers were affected by their attitudes toward their managers. Read the rest of this entry »

19

January
2011
Time: 0:54

Taylor vs Fayol Principles

Posted by socialita

As the father of Scientific Management, Fredrick Winslow Taylor has given us theory that we use scientific methods to define the “one best way” for a job to be done. It can be done by 3 main ways based on scientific reason. Read the rest of this entry »

15

January
2011
Time: 0:52