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Data Analytics

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Business data analytics is a discipline by which a specific set of techniques, competencies and practices are applied to perform the continuous exploration, and investigation of business data. The goal of business data analytics is to obtain insights about a business that can lead to improved evidence based decision-making.

Certification in Business Data Analytics: Earning this certification informs employers of your passion for and competencies performing business analysis on analytics initiatives. The certification helps identify skilled business data analytics professionals to organizations seeking these in-demand skills.

Strategic Management Total Quality Management (TQM) Dividend Decisions

Basically, strategic management is the systematic, ongoing development and implementation of strategic planning. Strategic planning is well known for determining an organization’s mission, vision, values, goals, strategies, objectives, timelines and budgets. It is one of the more well-known processes. There are numerous different ways to do strategic planning, and its development and implementation depend to a great extent on the life stage and culture of the organization.

TQM involves carefully implementing a set of comprehensive and specific management practices throughout the organization to ensure the organization consistently meets or exceeds customer requirements. The process involves strong focus on process measurement and on controls to ensure continuous improvement. TQM is considered to be a quality management initiative. At the time of this writing, TQM has not become a major model for performance management in smaller organizations.

The dividend decision of the firm is of crucial importance for the finance manager. It determines the amount of profit to be distributed among shareholders and the amount of profit to be retained in the business for financing its long-term growth. The objective of the dividend policy is to maximize the value of the firm to its shareholders.

It is important to decide —’how much of profits is to be paid out as dividends and how much is to be retained for growth?’ A firm has to strike a good balance between paying reasonable amount of dividend to shareholders and the growth requirements of the firm. The company has also to resolve another issue – how much is to be paid as cash dividend and how much as stock dividend (bonus shares). All these issues need to be addressed in the financial strategy

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