I once read about an interesting, invented word: “obsoledge”. Obsoledge means “obsolete knowledge”. Meaning, information that USED to be true… But because of our rapidly changing world, is no longer Read more
Tag: Concept
The Concept Behind Time And Attendance Systems
Anyone who is thinking of implementing a Time and Attendance system into their company, needs to know what’s in it for them. Why they should outlay the money and what Read more
The Concept of KM and OL – Likely Costs and Benefits of Developing the Concept in an Organisation
A new concept in the business world, knowledge management (KM) is surrounded with controversy as to what it is and with numerous definitions. Few of such definitions are as given Read more
The Concept of Accounting
Accounting is an information system which identifies, records, analyzes interprets and communicates the economic data of a financial entity. Accounting consists of three basic activities – it identifies, records, and Read more
Guide to Internet Business – Concept and Opportunities
When deciding what kind of internet business you want to do, there are a few factors you need to look at before plunging into building your website. a) TYPE OF Read more
What Exactly Is The Advertising 4.0 Concept?
The concept of Advertising 4.0 is not invented by me, but is the reality of intelligent advertising on the internet. It is a system formed by creator, publishers, audience groups Read more
Importance of Duality Concept in OR and Economic Importance of the Duality Concept
This is MBA assignment question for MB0032 of SMU. The question is – “Why Duality concept is important in OR? Describe the economic importance of the Duality concept.” The importance Read more
The Concept of "Work in Progress" in the Creative Industry – Part 1 of 2
Costs incurred to buy raw materials in manufacturing or to purchase goods for retail in trading businesses are historically kept in a “Stock” account on the balance sheet rather than Read more