Entrepreneurial Skills Entrepreneurship is both a Challenge and a Great Opportunity. To convert challenges into opportunities & to covert opportunities into achievements, an entrepreneur needs the following qualities and skills to be successful: • Curiosity - finding and exploring new opportunities • Structured experimentation - Test the opportunity by conducting research & experimentation • Adaptability • Decisiveness • Team Building • Risk taking • Comfortable with failure • Persistence • Innovation • Creative thinking ...
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Theories of Personality Research in personality development is conducted by psychologists to study how our personality develops and how our personality influences our thoughts and behaviour. Personality psychology is one of the major branches of psychology. These professionals analyse the reasons why and how the personality of people varies and why certain people look similar. According to them, factors like genetics, life experiences, exposure to external environment, and the way of nurturing a child by the parents shape the personality of an individual. Psychologists have introduced many theories of personality that explain the different aspects of personality, how personality has developed, and why people are unique in nature. Some of the theories are as follows: · Type Theory · Trait Theory · Social Learning Theory · Hum...
Human Resource Accounting
Human Resource Accounting By Dr.K.Chitra Chellam Human resource is the most precious part of an organisation. The total knowledge, skills, creative abilities, talents and aptitude of employees in an organisation is called human resource. The success or failure of an enterprise depends on the people who work in the enterprise. Definition; According to Eric, “HRA is a tool to measure the cost of human resources in the organisation”. The American Accounting has defined HRA as, “The process of identifying and measuring data about human resources and communicating this information to interested parties”. Objectives of Human Resource Accounting (HRA): Following are the objectives...
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