Cost of capital in connection to the capital budgeting using Net Present Value for any projected project or investment would be a factor for any successful industry with long-term goals and strategic design. Marketing. As the job entails, the purpose is to promote and attract more investors. If return is equal or greater than the required return compensating to the risk and time value of the money, then, investors would easily invest on any industry or business. It could be connected with the strategy since it is with the company’s way on how to gain or increase profitability by widening its market through expansion, branding, etc.
Migration costs can be included. The employment rate is the probability of finding a job, i.e. being selected from the pool of labour, which increases over time, for example due to wider networks of the migrants. Migration thus increases if urban wages increase or the urban employment rate increases (ceteris paribus). It can be perfectly rational to migrate despite urban unemployment due to a positive expected income differential.
The PMP certification offers a competitive advantage; open avenues for better work opportunities and enhances the potential to draw more salary than the Non-Certified project managers. To make an investment in this professional certification will be a wise long-term decision for a successful
3.2 RANGE OF STRATEGIES THAT CAN CONTRIBUTE TO A BUSINESS COMPETITIVE ADVANTAGE When a business thrives in gaining competitive advantage, it often sets eyes on a manifold of strategies that aim to em-better its image and its competitive positioning. It focuses on strategies that may help increase its rate of consumers acquisition, retention and satisfaction; strategies of industry and competitors analysis. Moreover, it sets eyes on those strategic process to build strong investments portfolios ( Liquidity) that can help establish longevity and leadership in the market. Competitive advantage inevitably leads to faster, continual exponential growth, increased sales, market share gains and overall business profitability. Competitive
I will also look at how this research can improve the organization’s marketplace position from an HR perspective. Motivation Motivation is one of the important function of HR in an institution which every institution must practice as this brings about high performance, as a result increase in productivity which will also in turn increase the profit turnover of the organization. When a person is motivated the degree at which the person works is amazing because it affects the person psychologically and this makes them work with more persistence and vigor. Every employer must know that, it is very vital for any institution that its employees are motivated, because if employee motivation level is at a robust point than they can make good performance to get organizational goals. In Ghana most employee motivation is very incomplete area, therefore it is the obligation of supervisors to take concrete and active steps to building motivation level of employees.
He offered an idea that how a country might play a game strategically and could be successful in extracting great levels of revenues from trade, by implementing new trade theories. The comparative advantage theory of Ricardian gained a new aspect as Porter emphasized on development of comparative advantage or innovativeness by improving to sustain greater shares of market. Therefore, the idea of productivity that can be work to attain greater levels of international competitiveness (IC) emerged [Porter (1990)]. Indices based on productivity are extensively used in the measurement of competitiveness. As per Porter point of view productivity is the most valuable thought in international competitiveness.
As a matter of fact the overhead allocations applied in a flexible budget help the most vibrant departments of a business to earn more support hence maximizing profits too. It is therefore necessary to look at the merits and demerits of flexible budget on overhead allocations, covering both variable and fixed overhead allocations and explain the relevance of the same for
Improve profitability, and consequently a good income leads to investor confidence, reflected by increasing the stock’s demand, which makes it easier to achieve long-term business goals. Such profits are not just results, but a way in which future competitiveness and prosperity occurs. Value-Based Management depends on the goals of the corporate and company values. Economic goals can be either economic (shareholders value) and may also cover the other parts (stakeholders value). The point of view of the shareholders’ value verses the value of stakeholders’ value is discussed in the economic environment for a long time, concentrating to find the best options that a company should be centered to both
Economic diversification has been regarded as a major tool and source of sustainable economic growth and development in developed, emerging and developing economies through direct effect on the GDP by increasing economic activities and indirectly through multiplier effect, backward and forward linkages among the various sectors of the economy (Anyaehie&Areji, 2015; Akpan, 2009;Gachino, 2007). Classical and neo-classical economics theory projected convergence between poor developing countries and the developed countries in the longrun largely due to transfer of technology and capital from the developed countries to the developing countries. One of the way capital and technology are transferred from developed countries to developing countries is through the inflow of foreign direct investment that can only be possible through economic diversification (Solow, 1956; Romer, 1990; Noko, 2016b). Lewis (1954) argued that what is happening in the modern sector of the economy (industrial and modernized agriculture sector) determines how labour and capital flow from the traditional sector (primitive framing practice) to the modern sector (Timms, 2008). Economic diversification therefore becomes a necessity for sustained growth in developing countries that are largely dependent on the production, utilization and export of one particular type of product over time.