Saturday, April 29, 2017

1 May - NRUTube Management Video Lecture Theater

Management Revision

Cost Information for Pricing Decisions

Pricing decision is made based on market conditions. A demand curve is prepared based on the market conditions and market research regarding the buying intentions of people at various price points. Pricing decision is made to maximize revenue or profits based on which is the appropriate measure at the point in time. What is the role of cost information in pricing? The cost information gives the profit or loss made by the company with respect to the pricing decision. Normally profits are made by companies. But there are abnormal situations when company has to accept loss at the time of planning itself and do its best not to exceed the budgeted loss. It is cost information that provides the budget estimate of profit or loss. One can say the cost information provides to identify the price point at which minimum loss may be made, while protecting the market share or market size that would enable the company to make profits in the future.

Cost Behavior Analysis and Relevant Costs



Friday, April 28, 2017

Google Support for Bloggers and Web Site Publishers

Google has products to support bloggers and web site publishers. It offers free blogging platforms, web site facility, advertisement platform that gives revenues, analytics platform that provides information regarding visitors and pages, social media platform to write about blogs and web sites. Bloggers and web site publishers have to know them in detail to take advantage of them. Unless one is purely amateur and writing for fun, deep understanding of each of the google products that support online activities is essential.

Google Adsense

Streamed on 30 May 2016
Google Adsense

Google Analytics


Google Small Business

29 April - NRUTube Management Video Lecture Theater

Egham, U.K., April 24, 2017

42 Percent of CEOs Have Begun Digital Business Transformation
Gartner Survey
IT-Related Changes Are No. 2 Business Priority

Survey of 388 CEOs by Gartner, Inc. in the fourth quarter of 2016 to examine their business issues and some areas of IT technology agenda impact. Most responding organizations were those with annual revenue of $1 billion.

A core set of digital attributes businesses must embrace to succeed over the course of the next decade. These are:

Innovate in agile ways
Predictively spot new opportunities
Demonstrate transparency and trust
Deliver unique and personalized experiences
Always on, operate in real time

In 2016, only 7% companies say they are able to achieve satisfactory performance in all the five areas.

You have to grow despite failure of certain projects or business plans. Business plan failure is normal phenomenon where businesses are trying to do business in the situation occurring in the future. But any successful business person has to learn from failure and plan better based better forecasts and risk management methods. One has to spot high expected return opportunities with low risk. Such opportunities are rare, but it is the spotting of such an opportunity before others and the capability to develop products and services to cater to that opportunity is the key to gain a foothold in the emerging businesses or existing businesses.


Wednesday, March 15, 2017

17 March - NRUTube Management Video Lecture Theater

Linear Programming

Summary Revision Article
Optimizing the Use of Resources with Linear Programming:

How To Solve Linear Programming Problem Using Simplex Method


Happy Learning

Summary Article Text

Forecasting learning curve

Ahmed Hasan

9 Tips to be a Better Leader - Leadership and Management Skills and Qualities
Practical Psychology
6.15 minutes



Sunday, March 12, 2017

16 March - NRUTube Management Video Lecture Theater

Operations Management

Introduction to Operations Management Part 1


Dr. Harvi Millar

Summary Notes on Operations Management

Introduction to the Field of Operations Management

Operations Strategy

Operations Strategy and Competitiveness - Review Notes

Operations Management - Operations Strategy


The lecture is based on the book by Krajewski

Learning objective 1: Describe operations and supply chains in terms of inputs, processes, outputs, information flows, suppliers, and customers.

LO2: Define an operations strategy and its linkage to corporate strategy, as well as the role it plays as a source of competitive advantage in a global Marketplace.

LO3: Identify nine competitive priorities used in operations strategy, and their linkage to marketing strategy.

LO4: Explain how operations can be used as a competitive weapon.

LO5: Identify the globat trends and challenges facing operations management.

2 tips for developing good management skills | London Business School

London Business School
Published on 29 Aug 2013
14.25 minutes


Updated 15 March 2016

Sunday, August 28, 2016

UCTV Entrepreneurship Videos

Ambition. Discipline. Purpose. The Journey of Being an Entrepreneur with Gurbaksh Chahal

Gurbaksh Chahal is the Founder, Chairman and CEO of Radium One.

University of California Television (UCTV)

Saturday, July 30, 2016

Leadership TED Videos Collection

Simon Sinek: How great leaders inspire action



Simon Sinek: Why good leaders make you feel safe

What makes a great leader? Management theorist Simon Sinek suggests, it's someone who makes their employees feel secure, who draws staffers into a circle of trust. But creating trust and safety — especially in an uneven economy — means taking on big responsibility.



Julian Treasure: How to speak so that people want to listen



Julian Treasure: 5 ways to listen better