Management by Objectives (MBO) 目标管理 Managing employee performance is an essential component of the job carried out throughout the year by all executives and ranking officers. It is as vital as managing economic resources and program results. That is because the performance of employees or their absence has a profound impact on any organization’s economic […]
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What Is Value Chain Analysis?
What Is Value Chain Analysis? 什么是价值链分析? As competition increases for high-quality products, low costs and excellent customer service, businesses must continually assess the value they create. One of the most valuable tools, the value chain analysis, breaks down each process of a business and creates opportunities for innovation. 随着高质量产品、低成本和优质客户服务的竞争加剧,企业必须不断评估它们所创造的价值。价值链分析是最有价值的工具之一,它分解了企业的每一个流程,并为创新创造了机会。 Value chain analysis can help companies […]
Credit Control for Small Businesses
Credit Control for Small Businesses 小企业的信用控制 What is Credit Control? 什么是信用控制? Credit control is the process by which your small business can ensure that you only give credit to customers or clients who are able to pay you back and that when they do pay you, they do so on time. The term ‘credit’ can […]
Singapore Budget 2020
Singapore Budget 2020 新加坡2020年预算 A. Responding to Challenges in a New Decade 应对新十年的挑战 1. Mr Speaker, Sir. I beg to move, that Parliament approves the financial policy of the Government for the Financial Year 1st April 2020 to 31st March 2021. 议长先生。我请求国会批准政府2020年4月1日至2021年3月31日财政年度的财政政策。2. This year, we usher in a new decade – one marked by tectonic […]
Functional Areas of Business
Functional Areas of Business 业务职能领域 Introduction 介绍 Just as different functions in the human body are performed and regulated by different organs, different functions within a business are performed and controlled by different parts of the business. One of the reasons for separating business operations into functional areas is to allow each to operate within […]
Effective communication for Accountants
Effective communication for Accountants 会计师有效沟通 There’s one thing that makes every relationship work – it doesn’t matter whether that relationship is romantic, with a peer or in business – that thing is communication. In all relationships, ineffective or poor communication can be extremely frustrating and it is often a source of conflict. The four main […]
About SME Financing in Singapore
About SME Financing in Singapore 关于新加坡中小企业融资 SME financing is the funding of small medium enterprises (SMEs) through small business loans. In Singapore, the economy is driven by small and medium sized enterprises which make up about 99% of all enterprises. 中小企业融资是中小企业通过小企业贷款进行融资的一种方式。新加坡的经济是由中小企业带动的,约占企业总数的99%。 Naturally, SME financing accounts for a major segment of the business financing market, where […]
Learning to recognise and understand your feelings and EQ
Learning to recognise and understand your feelings and EQ 学会识别和理解你的情感和情商 Emotional intelligence (EQ) is one of the seven attributes in ACCA’s recently developed model showing the skills and qualities needed from the successful professional accountant. Emotionally intelligent accountants find it easier to form and maintain good working relationships, but what exactly does EQ mean and […]