Archive for category Strategy and Decision Making

Enterprise Analysis of Two Competing Corporations Part II – through Balance Sheets

By Dhirendra Kumar, Ph.D. Balance sheet shows the health of the business as of a specific date – generally, quarterly or annually.  Balance sheet presents the business assets and liabilities, and the net balance or equity.  This equity could be positive or negative.  Equity is also known as net worth. Net worth = Assets + […]

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Enterprise Analysis of Two Competing Corporations Part I – through P&L Statements

By Dhirendra Kumar Ph.D. There are three major financial statements: P&L Statement, Balance Sheet and the Statement of Cash Flow.  P&L Statement measures a company’s financial performance over a specific accounting period that indicates how revenue is transformed into net income.  Financial performance is assessed by giving a summary of how the business incurs its […]

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Simulation

By Shengyong Wang, University of Akron. Simulation is unique in its ability to solve a wide variety of problems.  This dexterity is derived from the equally diverse simulation methods which are available.  In its essence, simulation is a numerical method, a technique involving repeated computer calculation, rather than complex analytical mathematics.  By solving through this […]

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The Concept of Enterprise Growth Strategy

By Dhirendra Kumar, Ph.D. Growth strategy is a holistic model for leading an enterprise for total excellence by focusing on the needs of the customer. The model stresses excellence in all aspects of the enterprise: organizational, product and operational, service, and people. To achieve growth strategy in a global economy, all aspects must work collaboratively. […]

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