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Top 10 Term that MBA Students know

  1. Competitive Advantage First off, Dr. Thompson explains a  competitive advantage  "as an upper hand (production, delivery of service, etc.) that results in lower cost or higher sales than the competition, but mainly, that results in higher margins than the competition." It's a matter of knowing if assets, production processes, human resources, etc. are working more efficiently so that margins are higher than the competition, and, when he refers to margins, that instantly connects to the concept of ROA. Related Article:  What Can You Do with an MBA? 2. ROA " ROA or Return on Assets  is a measure of how efficiently your assets are working for you in the production of sales," says Thompson. "This is usually measured as net profits/total assets. For example, if your ROA is higher than the industry average, your assets are providing you with a competitive advantage." In addition to ROA, some other related terms are  ROE and ROI .  "These are simila...

Summer internship

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INVITATION

  MOTILAL NEHRU NATIONAL INSTITUTE OF TECHNOLOGY, ALLAHABAD Department of Training and Placements Allahabad, Uttar Pradesh, India Tele. Off. +91-532-2545677, 2271118 Mobile: +91-800 531 5127 E-Mail : mnnit.placements@gmail.com Dear Sir/Madam, It gives me immense pleasure to extend to you a most cordial invitation to you to participate in the Campus Recruitment programmes of our Institute. Now, more than ever, the emphasis is on Institute-Industry Interaction, and both the Institute, conducting the Campus Recruitment programme, and the Industry, participating in the same, are bound to find it mutually beneficial. MNNIT Allahabad (formerly known as MNREC), is an Institute of National Importance as declared by the Parliament through the NIT Act, Government of India. We are among the elite technical institutes of India and have achieved tremendous excellence and progress in academics and research since our establishment in 1961. The Institute has been one of the most soug...

RECC

  Dear ___________: It is with pleasure that I recommend my faculty member and assistant professor, Ankit Verma, for the recently vacated position of assistant professor at ___________university_________   in the Department of Management. It has been my work along with Mr. Ankit Verma in many books, research papers and national conferences and assists him. He has been extremely valuable to me in my ongoing research into application of artificial intelligence in advertising and has expertly edited a number of my research papers. Although Mr. Ankit has been extremely busy assisting me with my research and working on her own dissertation, he still found time to assist another professor on researches and play a key role as Training and Placement Officer in Training and Placement Cell. Mr. Ankit Verma is, in fact, the only one of my faculty to have a first author published his book on Amazon. His paper was exceedingly well-written with all conclusions thoroughly supported by do...

OLD ENTREPRENEURSHIP

  Role of Entrepreneurship in Upgrading Tourism Business after Covid-19 Pandemic   This study aims to look at how entrepreneurship in tourism captures opportunities in the Covid-19 phenomenon that is endemic in India, and explains the essence and orientation of opportunities to develop the potential of leading entrepreneurship-based tourism. The approach used is quantitative and qualitative techniques, the application of quantitative and qualitative approaches, and the mixing of these two studies in one study.   The results showed: 1. Tourism potential in Shimla, 2. The development of both local and foreign tourists in Shimla. The tourism potential and tourism development in Shimla need to be supported by the tourism industry based on entrepreneurship in each tourism destination, through several functions, such as preparing various breakthroughs in preparing and overcoming various unexpected problems both now and in the future, such as: regulating the tourism ind...