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1. What does SAP R/3 stand for? What are the three layers in ERP architecture ? 2. Explain configuration. How is it different from customization ? 3. What is the purpose of purchase order text ? 4. What is Business process reengineering? What relevance does it have on ERP project implementation...

I feel internal succession planning is better than going for a head hunt outside. The reason being employees within the organization who qualify for these kind of posts would have already been with the company for a pretty long time proving their loyalty to the organization, would have a deep...

1. In 1966, seventeen bankers formed a federation for the reciprocal acceptance of their credit cards. They called this federation as Interbank. Today we know this company with a different name. Which company are we talking about? 2. The web browser Firefox was named ‘Firebird’ initially which...

Money is a big motivator ofcourse..but not always..if we consider Maslow's need hierarchy..we will find that motivation can come from a host of other things like workplace hygiene factors, appraisals, recognition, working for a particular company, the job profile etc. Money is a strong...

FDI in retail will definitely go a long way in putting back the Indian economy on the previous growth track. The organised retail sector in India is only 2% as compared to the unorganised sector providing a huge growth potential. This phased implementation of FDI might also help domestic...

FDI in retail will definitely go a long way in putting back the Indian economy on the previous growth track. The organised retail sector in India is only 2%u0025 as compared to the unorganised sector providing a huge growth potential. This phased implementation of FDI might also help domestic...

Samsung after being found to have infringed with 6 patents was slapped with a whooping $1.05 bn in charges:SugarwareZ-154: which is still less than $2.5 bn expected by Apple. Markets reacted by boosting Apple's stocks to an all time high of $675. I have no problem with the lawsuit that Apple...

Talk with the Topper[/b] By Pratik Nayak (Prtk)[/b] Name: Prateek Saxena[/b] Percentile: 99.12 (XAT)[/b] Prtk: Tell us something about yourself ?[/b] Prateek: “ Hi..i am basically from Udaipur, Rajasthan. I have done my BE in Electronics and Communication. I have also worked for a year in a...

Hippo’s motherly love over the internet. India has witnessed a stiff rise in competition where the $150 Billion branded snack food market is concerned. This market is growing at an annual rate of 25%. Two years ago, Parle Agro, known for Frooti, Bisleri et al, decided to launch Hippo Chips, un...

By Pratik Nayak “You cannot teach an old dog new tricks” This little phrase has a huge implications in the government, business and society scenario, the three major forces that affect our lives. The society-government aspect[/b] Argument-1: From Cabinet reshuffles to concerns about...

By Pratik Nayak This report on the Industrial visit to the Times Of India press on 25th august ‘11, presents an overview of the intellectual gain and exposure to the’ behind the scene’ happenings at the operations department of the print media giant. The word ‘press’ itself invokes an...

Product portfolios of the public sector insurers are comparable to those of private sector. Most new products introduced by foreign insurers are investment-oriented in nature with HIGH RISKS attached and are totally inappropriate in providing social security to the Indian people, especially for...

The recommendations of the committee put stress on offering operational autonomy to the insurance service providers and also suggested forming an independent regulatory body. Irony: It can be seen that, the Malhotra committee neither recommended nor opposed the entry of foreign insurers. The...

Insurance Industry and FDI[/b] By Pratik Nayak[/b] Introduction[/b] The concept of Insurance emerged thousands of years ago. It is said that the Chinese used to divide their cargoes among many boats to reduce the severity of loss from perils of sea. Marine insurance emerged in London when the...

-The entire process took 6 days. · The customer had no clue where the document was. No one in the system had any clue of the document Initial Solution proposed: One control desk which would keep info. About the proceedings Ended up increasing the processing time [/list] BPR to the...

Business Process Reengineering-I[/b] By Pratik Nayak History and Backdrop[/b] Previously companies were built around Adam Smith’s Principle of breaking down of Industrial work into fragments. Then came the idea of bringing the work to the worker – “Moving conveyer belt” which went a great way...

Description This Project was a great opportunity for me to contribute my bit to the society in both ways –tangible and intangible INDEX Sl. No. 1. 2. 3. 4. 6. 7. 8. 9. 10. Executive Summary Topic Page No. 4 5 11 12 17 20 21 29 30 Introduction to Indian Red Cross Society, Odisha Organization...

Description In business today, risk plays a critical role. Almost every business decision requires executives and managers to balance risk and reward. Effectively managing the business risks is essential to an enterprise’s success LATEST DEVELOPMENT IN IT AND E-COMMERCE SECURITY BySanjay Jha...

Limited Vision[/b] Have we made the connection clear between the products we offer and the jobs they help customers do? Have some jobs grown in importance since these products were launched? If so, can any of the products we already have help customers get them done? But if customers are using...

WHEN CONFLICT ABOUT FUNDING OLD AND NEW BUSINESSES ARE RESOLVED AT LOWER LEVELS, INNOVATION USUALLY LOSES OUT. The case of Hewlett-Packard stands out as a classic example of the tragedy that happens when the decision regarding allocation of resources to old and new businesses are left to lower...