Cash basis of Accounting In cash basis of accounting the prevailing concept is that transactions will be entertained on the…
When does revenue should be recognized in the books of accounts? The answer to this question is covered in IAS…
Strategic gap refers to the situation where actual performance levels are significantly different than the desired performance levels. The analysis…
Companies endeavor to achieve competitive advantage. One of the techniques to achieve competitive advantage is through Resource Based View of…
Cost accounting is a subject dealing with the appraisal of overall costs in producing and selling the goods or rendering…
The Mission Statement and Purpose of Wal-Mart (WMT) Wal-Mart's advertised mission statement and its advertising slogan are the same: "We…
Firms operate in an environment where external opportunities always prevail as a striking option and considerably be lucrative for firms…
Firms create value trough series of activities. These activities are described as a value chain which includes specific activities for…
Business portfolio management is a promising field of strategic management in view of the today’s competitive environment. Due to the…
Strategic Position and Action Evaluation (SPACE) Matrix has been materialized as a dominant instrument in formulating alternative strategies. Like Grand…