Corporate Insolvency: Causes, Signs, and Quality Costing

Factors Leading to Corporate Insolvency and Bankruptcy

Several factors can contribute to corporate insolvency and bankruptcy:

  • Poor Financial Planning and Budgeting: Inadequate financial planning and budgeting can lead to overspending, underestimating costs, and misallocation of funds.
  • Excessive Debt: A high debt-to-equity ratio and inability to service debt can increase financial risk and lead to liquidity crises.
  • Cash Flow Problems: Inefficient cash flow management and negative cash flow can erode
Read More

Space Structure, Network Charts, and Building Preparation in Construction

Space Structure in Construction

The space structure consists of the locations of production/working areas for a certain production process. The space structure comprises storage areas, transport routes, locations of machines, equipment and distribution lines, and locations of employees in the space, as well as spatial relations between all those components. The space structure changes in the progress of production for different products. The space structure is in accordance with the technology and

Read More

Evaluating Secondary Data Sources for Social Analysis

Criteria for Assessing Secondary Data Sources

Evaluating Secondary Statistics for Analysis

The ideal secondary source is accessible, reports data on the same social phenomenon and population being analyzed, and the data falls within the intended time interval. It also meets appropriate methodological conditions. These are difficult circumstances to fulfill in an investigation.

Source Availability

One key criterion is the source’s public or private function. Public data sources are more accessible and

Read More

Strategic Employee Selection and HR Alignment

Understanding Different Types of Job Seekers

Idealistic Messaging: The recruiting practice of communicating only positive information to potential employees. This is a short-term approach.

Realistic Messaging: The recruiting practice of communicating both good and bad features of jobs to potential employees. This is a long-term approach.

Realistic Job Previews: Information given to potential employees that provides a complete picture of the job and organization.

How Employee Selection Aligns with HR

Read More

Engineering and Architecture Projects: Phases, Costs, and Regulations

Topic 1: Project Definition and Types

A project, in engineering and architecture, is a set of documents, calculations, and drawings designed to provide a comprehensive understanding of how a structure or system should be built and its associated costs.

Types of Projects

  • Engineering (feasibility studies, preliminary design, project):
    • Settlement: Describes what is executed.
    • Modified: Based on a prior project that requires changes. Supplementary work units are distinct from the original.
  • Urban Planning:
Read More

Marketing Concepts and Market Research Essentials

Marketing Concepts

Today, there are many products on the market, and most are of acceptable quality. While good product quality is necessary to keep customers, it is not enough by itself to attract new buyers. It is essential to raise awareness of the existence of the product and the benefits or advantages that its use provides. In other words, it is necessary to promote them. Marketing is a valuable tool that companies use to reach their clients. For many, it is an art, but it is also a science

Read More