Research Instrument Meaning, Examples And Functions.

The process of measurement, which is the assigning of values or scores to phenomenon (objects or events) according to rules is very important to research.One of the aims of the research is to obtain a better understanding of the relationships among variables. Researchers depend on observed characteristics of a sample to approximate characteristics of a…

Timing Differences Meaning, Example And Spreadsheet.

Often profits per the financial statements and profits on which tax is payable are quite different from each other. There are two reasons for this: The depreciation figure in the profit and loss account may be different by a wide margin from the tax authorities’ figure for ‘capital allowances’ (the way tax authorities’ calculate allowances…

What Is A Research Hypothesis And Why Is It Necessary?

The search for a reliable knowledge is a constant pursuit of those who seek growth and advancement in life. Seekers of reliable knowledge always carry out the search consciously, objectively and systematically through a logical study of a problem. This is what research is all about. Research is a scientific process with a research hypothesis…

How Do You Create and Sustain A Competitive Advantage?

In most industries, success can only be achieved by finding the strategy that gives and sustains a competitive advantage. That would require controlling and exploiting competitive forces of barriers to entry, threats from substitutes, bargaining power of suppliers, industry rivalry and bargaining power of buyers. These forces determine profitability by influencing pricing, investment requirements and…

Risk Management Technique: Advantages And Disadvantages Of Self-Insurance.

Individuals and businesses are familiar with the fact that risk and uncertainty are part of life. Techniques have been developed to manage risks associated with human existence. Risk management is the identification, assessment and economic control of risks that have the capacity to adversely affect assets and earning capacity of individuals and businesses. One of…

How Do You Calculate Service Cost (Service Costing)?

The calculation of the cost of a service with similar service centers or functions and cost units that are an appropriate measure of the service provided is a form of Activity Based Costing (ABC). ABC identifies activitiies which cause costs (known as cost drivers) and puts costs into cost pools. ABC attempts to overcome problems…

How Do You Write A Grant Research Proposal? (9 Things To Consider).

When you send your proposal for sponsorship, it must pass through two stages. The primary short listing stage and the committee selection stage. For your proposal to be on the primary short list, it has to satify the requirements of conformity to the research theme, format, cost, elegibility and duration. After scaling this stage, your…

Why Is Successful Personal branding Necessary?

The answer to this question is the same as the answer to the question, ‘Why should you care about what people say about you as an entrepreneur?” You should because what people say about you and what they think of you influence the way they receive you and your business. In other words, they would…

Insurance Contracts: What Is Insurable Interest?

Insurable interest, except it can be or is waved, is a fundamental requirement of any insurance contract. The policyholder (the insured) must have a clearly defined relationship with the subject matter of insurance. The subject matter of insurance can be an event that may lead to the loss of a legal right or the creation…