European Commission: Structure, Powers, and History
The European Commission: An Overview
The European Commission is the executive and bureaucratic arm of the EU. It is responsible for generating new laws and policies, overseeing their implementation, managing the EU budget, representing the EU in international negotiations, and promoting the interests of the EU as a whole. The core responsibility of the Commission is to be the guardian of the treaties, ensuring that EU policies are advanced in light of the treaties. Headquartered in Brussels, the
Read MoreUnderstanding Public Health Services: Planning, Prevention, and Promotion
Public Health Services: An Introduction
Public Health Services are aimed at the general population and specific groups. Their function is the planning, prevention, control, and public health promotion. These services remain important for society but often go unnoticed, with awareness only increasing during crises (e.g., mad cow disease, avian flu).
Key Activities of Public Health Services
The activities developed by Public Health Services include, broadly:
- Health protection (establishing rules governing
Sales Management: Roles, Responsibilities, and Key Qualities
Lesson 4: Introduction to Sales Management
1. Sales Force Management
The attainment of sales force goals in an effective and efficient manner through planning, staffing, training, leading, and controlling organizational resources.
Definition from the American Marketing Association: Sales management means the planning, direction, and control of personal selling, including recruiting, selecting, equipping, assigning, routing, supervising, paying, and motivating as these tasks apply to the personal sales
Read MoreStrategic Management: Key Concepts and Competitive Advantages
What is strategy? How do you define it?
- Continuous adaptation to changes and dynamics in the environment.
- The set of actions directed towards a specific objective. The result of the competition.
- The sum of a and b.
How are capabilities defined in a company?
The ability or competence to develop tasks successfully.
The flagship products of the Boston Consulting Group:
They have large financial needs to be covered.
Which are the 2 axes of the McKinsey and General Electric matrix?
Market appeal and competitive
Read MoreIndian Financial Market and Business Management
Indian Financial Market Structure
The Indian Financial Market is a well-structured system that facilitates the exchange of funds between investors and borrowers. It is broadly divided into two major segments:
1. Money Market
- Deals with short-term financial instruments (less than one year).
- Instruments include Treasury Bills, Commercial Papers, Certificates of Deposit, and Repurchase Agreements (Repo).
- Participants: RBI, Commercial Banks, Financial Institutions, and Corporations.
2. Capital Market
- Deals
Business Size, Growth, and Internationalization
Business Size and Growth Strategies
The concept of business size is related to a company’s capacity. The European Commission classifies firms into three categories based on their assets, revenue, and number of employees:
- Large Enterprise: More than 250 employees, revenue exceeding €50 million, or total assets exceeding €43 million.
- Medium-sized Enterprise: 50-250 employees, revenue up to €50 million, or assets up to €43 million.
- Small Enterprise: Fewer than 50 employees, revenue up to €10