tag:blogger.com,1999:blog-70259840222975081622011-12-22T21:37:26.083-08:00Prodcons Grouphttp://www.blogger.com/profile/03483621255030187693noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-7025984022297508162.post-83868320167806649422009-10-29T23:47:00.000-07:002009-11-18T04:02:25.308-08:00<strong><span style="color:#993300;"></span></strong><br /><strong><span style="color:#993300;">Definition of Financial Ratio</span></strong><br /><br /><ul><li>It is a ratio of two selected numerical values taken from an enterprise's financial statements.</li><li>It is also called accounting ratio.</li></ul><p><strong><span style="color:#993300;">Definition of Financial Ratio Analysis</span></strong></p><ul><li><span style="color:#000000;">It is defined as the systematic use of ratio to interpret the financial statements so that the strengths and weaknesses of a firm as well as its historical performance and current financial condition can be determined.</span></li><li>Thus, ratio analysis is a widely used tool of financial analysis. </li><li>Ratios make the related information comparable. A single figure by itself has no meaning but when expressed in terms of related figure, it yields significant inferences. Thus, ratios are relative figures reflecting the relationship between related variables.</li></ul><p><strong><span style="color:#993300;">Types of Comparisons </span></strong></p><p>Three types of comparisons are generally involved:</p><ul><li>Trend analysis.</li><li>Inter-firm comparisons.</li><li>Comparison with standards/industry average.</li></ul><p><strong><span style="color:#006600;"><em>Trend analysis</em></span></strong></p><p>Trend ratios involve comparison of ratios of a firm over a period of time i.e. present ratios are compared with past ratios for the same firm. Trend ratios indicate the direction of change in the performance: improvement, deterioration or constancy over the years.</p><p><strong><em><span style="color:#006600;">Inter-firm comparisons</span></em></strong></p><p><span style="color:#000000;">Inter-firm comparison involves comparing the ratios of a firm with those of others in the same line of business or for the industry as a whole. Thus, it reflects the firm’s performance in relation to it’s competitors.</span></p><p><strong><em><span style="color:#006600;">Comparison with standards/ industry average</span></em></strong></p><p>Other types of comparisons may relate to the comparison of items within a single year’s financial statement of a firm and comparison with standards or plan. Figures provided by trading and profit and loss account and balance sheet are not self explanatory in nature. Figures to arrive at certain conclusions, for example, figure of net profit can be compared with total sales or total capital employed by the company and it can also be compared with figures of other company and profitability can be judged properly. </p><p><strong><span style="color:#993300;">Types of Ratios</span></strong></p><p>Ratios can broadly be classified into four groups:</p><ul><li>Liquidity ratios</li><li>Capital structure/leverage ratios</li><li>Profitability ratios </li><li>Activity/turnover/efficiency ratios</li></ul><p><strong><em><span style="color:#006600;">Liquidity Ratios</span></em></strong></p><p><span style="color:#000000;">Liquidity ratios measure the ability of a firm to meet it’s short term obligations and reflect it’s short term financial strength or solvency. Important liquidity ratios are:</span></p><ul><li><span style="color:#000000;">Current ratio: ratio of total current assets to total current liabilities. A satisfactory current ratio will enable a firm to meet it’s obligations even if the value of the current assets declines. It is however a quantitative index of liquidity as it does not differentiate between the components of current assets, such as cash and inventory that are not equally liquid.</span></li><li><span style="color:#000000;">Quick or acid test ratio: takes into consideration the different liquidity of the components of current assets. It represents the ratio between quick current assets and the total current liabilities. It is a rigorous measure and superior to the current ratio. However, both these ratios should be used to analyze the liquidity of a firm.</span></li></ul><p><strong><em><span style="color:#006600;">Capital Structure/Leverage Ratios</span></em></strong></p><p>These ratios throw light on long-term solvency of a firm. This is reflected in it’s ability to assure the long term creditors with regard to periodic payment of interest and the repayment of a loan on maturity or predetermined instalments at due dates. There are two types of such ratios:</p><ul><li>Debt-equity or debt-assets ratio: It is computed from the balance sheet and reflects the relative contribution/stake of owners and creditors in financing the assets of the firm. In other words, such ratios reflect the safety margin to the long term creditors.</li><li>Coverage ratio: These ratios are based on the income statement and shows the number of times the fixed obligations are covered by earnings before interest and taxes. They indicate the extent to which a fall in operating profits is tolerable in that the ability to repay will not be adversely affected.</li></ul><p><strong><em><span style="color:#006600;">Profitability Ratios</span></em></strong></p><p>The profitability of a firm can be measured by the profitability ratios. Such ratios can be computed either from sales or investments. The profitability ratios based on sales are:</p><ul><li>Profit margin (gross and net).</li><li>Expenses/ operating ratios.</li></ul><p>They indicate the proportion of sales consumed by operating costs and the proportion available to meet financial and other expenses. </p><p>The profitability ratios related to investments include:</p><ul><li>Return on assets.</li><li>Return on shareholders’ equity including earning per share, dividend per share, dividend-payout ratio, earning and dividend yield. </li></ul><p>The overall profitability (earning power) is measured by the return on investment which is computed as a combined product of net profit margin and investment turnover. It is central measure of the earning power and operating efficiency of a firm.</p><p><strong><em><span style="color:#006600;">Activity/turnover/efficiency ratios</span></em></strong></p><p>Activity ratios are also known as efficiency or turnover ratios. Such ratios are concerned with measuring the efficiency in asset management. The efficiency with which assets are managed/used is reflected in the speed and rapidity with which they are converted into sales. Thus, the activity ratios are a test of relationship between sales/cost of goods sold and assets. Depending upon the type of asset, activity ratios may be:</p><ul><li>Inventory/stock turnover ratio: It indicates the number of times inventory is replaced during the year, of how quickly the goods are sold. It is a test of efficiency of inventory management.</li><li>Receivables/debtors turnover: It is indicative of the efficiency of receivables management as it shows how quickly trade goods are sold.</li><li>Total assets turnover: It shows the efficiency in managing and utilizing the total assets.</li></ul><p><strong><span style="color:#993300;">Advantages of Financial Ratios and Ratio Analysis</span></strong></p><ul><li>They make it more convenient to estimate to other figures when one figure is known.</li><li>Investment decisions are based on ratio analysis.</li><li>They act as an index or parameter of efficiency of the firm/organization.</li><li>They are one type of tool of management.</li><li>They amplify many complicated financial statements.</li><li>They highlight the weaknesses of the enterprise.</li><li>They provide more analytical information to the management for decision making and controlling purpose.</li></ul><p><strong><span style="color:#993300;">Limitations of Financial Ratios and Ratio Analysis</span></strong></p><ul><li>Reliability of ratios depends upon the reliability of the original data/information collected.</li><li>Increases, decreases and constant changes in the prices distort the comparison over period of years.</li><li>The benefits of a ratio analysis depend on correct interpretation. Many times it is observed that due to small errors in original data it leads to false conclusions.</li><li>Ratio analysis is not an ultimate yardstick for assessing the performance of a firm.</li><li>If there is window dressing, then the ratios calculated will fail to give the correct picture and it will be <span class="blsp-spelling-error" id="SPELLING_ERROR_0"><span class="blsp-spelling-error" id="SPELLING_ERROR_0">mis</span></span>-management. </li></ul><p><strong><span style="color:#993300;">For More Guidance, Assistance, Training and Consultation</span></strong></p><p>Contact: <a href="mailto:prodcons@prodcons.com">prodcons@prodcons.com</a></p><p>Also refer: <em>(<span class="blsp-spelling-error" id="SPELLING_ERROR_1">Prodcons</span> Group) </em><a href="http://prodcons-group.blogspot.com/"><em>http://prodcons-group.blogspot.com/</em></a><em>, (Training Programs by <span class="blsp-spelling-error" id="SPELLING_ERROR_2">Prodcons</span> Group) </em><a href="http://training-development-function.blogspot.com/"><em>http://training-development-function.blogspot.com/</em></a><em>, (Productivity Consultants) </em><a href="http://productivity-consultants.blogspot.com/"><em>http://productivity-consultants.blogspot.com/</em></a></p><p><strong><span style="color:#993300;">Other Topics of Interest</span></strong></p><p><span style="color:#993300;"><span style="color:#000000;"><strong><span style="color:#006600;">All Management Topics</span></strong> (<em>General Management, Marketing and Sales, Service, Operations/Manufacturing, Quality, Maintenance, Human Resources, Finance and Accounts, Information Technology, Life Management</em>)</span></span></p><p><span style="color:#993300;"><span style="color:#000000;">The topics are listed in alphabetic order:</span></span></p><p><span style="color:#993300;"><span style="color:#000000;">(<strong><span style="color:#ff0000;">Home Pages for All the Management Topics</span></strong>) <a href="http://management-universe.blogspot.com/">http://management-universe.blogspot.com/</a> and <a href="http://management-universe-enotes.blogspot.com/">http://management-universe-enotes.blogspot.com/</a><br />(<strong><span style="color:#ff0000;">Alphabetic List of All Management Topics</span></strong>) <a href="http://management-enotes.blogspot.com/">http://management-enotes.blogspot.com/</a><br />(<strong><span style="color:#ff0000;">Home Page for Writings of <span class="blsp-spelling-error" id="SPELLING_ERROR_3">Shyam</span> <span class="blsp-spelling-error" id="SPELLING_ERROR_4">Bhatawdekar</span></span></strong>) <a href="http://writings-of-shyam.blogspot.com/">http://writings-of-shyam.blogspot.com/</a><br />(5S Housekeeping) <a href="http://5s-housekeeping.blogspot.com/">http://5s-housekeeping.blogspot.com/</a><br />(Activity Based Costing- ABC) <a href="http://activitybased-costing.blogspot.com/">http://activitybased-costing.blogspot.com/</a><br />(Advertising) <a href="http://advertising-mass-communication.blogspot.com/">http://advertising-mass-communication.blogspot.com/</a><br />(Anger Management) <a href="http://controlling-anger.blogspot.com/">http://controlling-anger.blogspot.com/</a><br />(Assertiveness) <a href="http://assertiveness-skill.blogspot.com/">http://assertiveness-skill.blogspot.com/</a><br />(A to Z of Management Systems) <a href="http://a-z-management-systems.blogspot.com/">http://a-z-management-systems.blogspot.com/</a><br />(A to Z of Quality Techniques) <a href="http://a-z-quality-techniques.blogspot.com/">http://a-z-quality-techniques.blogspot.com/</a><br />(Balanced Scorecard) <a href="http://balanced-scorecard-system.blogspot.com/">http://balanced-scorecard-system.blogspot.com/</a><br />(Behavioral Safety) <a href="http://behavioral-safety.blogspot.com/">http://behavioral-safety.blogspot.com/</a><br />(Benchmarking) <a href="http://benchmarking-system.blogspot.com/">http://benchmarking-system.blogspot.com/</a><br />(Books- Best Management Books) <a href="http://best-management-books.blogspot.com/">http://best-management-books.blogspot.com/</a><br />(<span class="blsp-spelling-error" id="SPELLING_ERROR_5">Boundaryless</span>) <a href="http://shyambhatawdekar.blogspot.com/">http://shyambhatawdekar.blogspot.com/</a><br />(Business Ethics and Ethics in Management) <a href="http://business-management-ethics.blogspot.com/">http://business-management-ethics.blogspot.com/</a><br />(Business Process <span class="blsp-spelling-error" id="SPELLING_ERROR_6">Reengineering</span>- <span class="blsp-spelling-error" id="SPELLING_ERROR_7">BPR</span>) <a href="http://business-process-reengineering-bpr.blogspot.com/">http://business-process-reengineering-bpr.blogspot.com/</a><br />(Career Planning within Organizations) <a href="http://organizational-career-planning.blogspot.com/">http://organizational-career-planning.blogspot.com/</a><br />(Case Method) <a href="http://case-method.blogspot.com/">http://case-method.blogspot.com/</a><br />(CEO Roles, Qualities and Competencies) <a href="http://ceo-qualities.blogspot.com/">http://ceo-qualities.blogspot.com/</a><br />(Change Management) <a href="http://manage-change.blogspot.com/">http://manage-change.blogspot.com/</a><br />(Coaching) <a href="http://coaching-skill.blogspot.com/">http://coaching-skill.blogspot.com/</a><br />(Communication) <a href="http://communication-for-business.blogspot.com/">http://communication-for-business.blogspot.com/</a><br />(Competencies- Life Management) <a href="http://shyam-bhatawdekar.blogspot.com/">http://shyam-bhatawdekar.blogspot.com/</a><br />(Competency Matrix) <a href="http://competency-matrix.blogspot.com/">http://competency-matrix.blogspot.com/</a><br />(Conflict Management) <a href="http://manage-conflict.blogspot.com/">http://manage-conflict.blogspot.com/</a><br />(Corporate Governance) <a href="http://corporate-governance-policy.blogspot.com/">http://corporate-governance-policy.blogspot.com/</a><br />(Cost Management) <a href="http://cost-management-control.blogspot.com/">http://cost-management-control.blogspot.com/</a><br />(Cost of Quality- <span class="blsp-spelling-error" id="SPELLING_ERROR_8">COQ</span>) <a href="http://cost-of-quality.blogspot.com/">http://cost-of-quality.blogspot.com/</a><br />(Counseling at Workplace)<a href="http://counseling-skill.blogspot.com/">http://counseling-skill.blogspot.com/</a><br />(Creativity and Innovation) <a href="http://creativity-management.blogspot.com/">http://creativity-management.blogspot.com/</a><br />(Critical Thinking skills) <a href="http://critical-thinking-skills.blogspot.com/">http://critical-thinking-skills.blogspot.com/</a><br />(Cross Cultural Etiquette and Manners) <a href="http://cross-cultural-etiquette.blogspot.com/">http://cross-cultural-etiquette.blogspot.com/</a><br />(Customer Orientation) <a href="http://customer-orientation.blogspot.com/">http://customer-orientation.blogspot.com/</a><br />(Customer Relationship management- <span class="blsp-spelling-error" id="SPELLING_ERROR_9">CRM</span>) <a href="http://customer-relationship-crm.blogspot.com/">http://customer-relationship-crm.blogspot.com/</a><br />(Daily Management) <a href="http://daily-management.blogspot.com/">http://daily-management.blogspot.com/</a><br />(Decision Making) <a href="http://decision-making-function.blogspot.com/">http://decision-making-function.blogspot.com/</a><br />(Delegation) <a href="http://delegation-skill.blogspot.com/">http://delegation-skill.blogspot.com/</a><br />(Design for Manufacture) <a href="http://design-for-manufacture.blogspot.com/">http://design-for-manufacture.blogspot.com/</a><br />(Dining Etiquette and Table Manners) <a href="http://dining-manners.blogspot.com/">http://dining-manners.blogspot.com/</a><br />(Discipline at Work) <a href="http://discipline-at-work.blogspot.com/">http://discipline-at-work.blogspot.com/</a><br />(Dream Exotic) <a href="http://knol.google.com/k/shyam-bhatawdekar/my-exotic-dream/6txz9nck6g3/8">http://knol.google.com/k/shyam-bhatawdekar/my-exotic-dream/6txz9nck6g3/8#</a><br />(Effectiveness and Efficiency) <a href="http://effectiveness-efficiency.blogspot.com/">http://effectiveness-efficiency.blogspot.com/</a><br />(Effectiveness Management: <span class="blsp-spelling-error" id="SPELLING_ERROR_10"><strong><em><span style="color:#ff0000;">HSoftware</span></em></strong></span>) <a href="http://humansoftware.blogspot.com/">http://humansoftware.blogspot.com/</a><br />(Email Etiquette) <a href="http://email-etiquette-manners.blogspot.com/">http://email-etiquette-manners.blogspot.com/</a><br />(Emotional Intelligence) <a href="http://emotional-quotient-intelligence.blogspot.com/">http://emotional-quotient-intelligence.blogspot.com/</a><br />(Empowerment) <a href="http://employee-empowerment.blogspot.com/">http://employee-empowerment.blogspot.com/</a><br />(Enterprise Resource Planning- <span class="blsp-spelling-error" id="SPELLING_ERROR_11">ERP</span>) <a href="http://erp-management.blogspot.com/">http://erp-management.blogspot.com/</a><br />(Entrepreneurship and Entrepreneur) <a href="http://entrepreneurship-entrepreneur.blogspot.com/">http://entrepreneurship-entrepreneur.blogspot.com/</a><br />(Executive Etiquette and Manners) <a href="http://executive-manners.blogspot.com/">http://executive-manners.blogspot.com/</a><br />(Exit Interview) <a href="http://exit-interview.blogspot.com/">http://exit-interview.blogspot.com/</a><br />(Financial Ratios and Financial Ratio Analysis) <a href="http://financial-ratios.blogspot.com/">http://financial-ratios.blogspot.com/</a><br />(Financial Services) <a href="http://finance-related-services.blogspot.com/">http://finance-related-services.blogspot.com/</a><br />(Functions of Management) <a href="http://functions-of-management.blogspot.com/">http://functions-of-management.blogspot.com/</a><br />(<span class="blsp-spelling-error" id="SPELLING_ERROR_12">Gemba</span> <span class="blsp-spelling-error" id="SPELLING_ERROR_13">Kaizen</span>) <a href="http://gemba-kaizen-improvement.blogspot.com/">http://gemba-kaizen-improvement.blogspot.com/</a><br />(Genuine Professional) <a href="http://knol.google.com/k/shyam-bhatawdekar/the-genuine-professional/6txz9nck6g3/10">http://knol.google.com/k/shyam-bhatawdekar/the-genuine-professional/6txz9nck6g3/10#</a><br />(Global Mindset) <a href="http://global-mindset.blogspot.com/">http://global-mindset.blogspot.com/</a><br />(Goal/Target Setting) <a href="http://goal-target-setting.blogspot.com/">http://goal-target-setting.blogspot.com/</a><br />(Group Discussion) <a href="http://group-discussion-gd.blogspot.com/">http://group-discussion-gd.blogspot.com/</a><br />(Group Dynamics) <a href="http://group-dynamics-process.blogspot.com/">http://group-dynamics-process.blogspot.com/</a><br />(How to Be a Good Boss) <a href="http://good-boss.blogspot.com/">http://good-boss.blogspot.com/</a><br />(How to Get Promoted) <a href="http://get-promoted.blogspot.com/">http://get-promoted.blogspot.com/</a><br />(How to save Money) <a href="http://knol.google.com/k/shyam-bhatawdekar/how-to-save-money/6txz9nck6g3/11">http://knol.google.com/k/shyam-bhatawdekar/how-to-save-money/6txz9nck6g3/11#</a><br />(HR Dynamics) <a href="http://hrm-dynamics.blogspot.com/">http://hrm-dynamics.blogspot.com/</a><br />(HR Strategies and Functions) <a href="http://strategic-functions-hrm.blogspot.com/">http://strategic-functions-hrm.blogspot.com/</a><br />(Human Capital Architecture) <a href="http://human-capital-architecture.blogspot.com/">http://human-capital-architecture.blogspot.com/</a><br />(Human Relations) <a href="http://human-relations-aspect.blogspot.com/">http://human-relations-aspect.blogspot.com/</a><br />(Human Resource Planning) <a href="http://human-resource-planning.blogspot.com/">http://human-resource-planning.blogspot.com/</a><br />(Human Software- <span class="blsp-spelling-error" id="SPELLING_ERROR_14"><strong><em><span style="color:#ff0000;">HSoftware</span></em></strong></span>) <a href="http://human-software-hsoftware.blogspot.com/">http://human-software-hsoftware.blogspot.com/</a><br />(Interpersonal Relations) <a href="http://interpersonal-relations.blogspot.com/">http://interpersonal-relations.blogspot.com/</a><br />(Interview Skills) <a href="http://interviewing-skill.blogspot.com/">http://interviewing-skill.blogspot.com/</a><br />(Interview Preparation for Job Seekers) <a href="http://interview-preparation-jobs.blogspot.com/">http://interview-preparation-jobs.blogspot.com/</a><br />(Interview Questions) <a href="http://interview-question-bank.blogspot.com/">http://interview-question-bank.blogspot.com/</a><br />(Just in Time Management- <span class="blsp-spelling-error" id="SPELLING_ERROR_15">JIT</span>) <a href="http://just-in-time-management.blogspot.com/">http://just-in-time-management.blogspot.com/</a><br />(<span class="blsp-spelling-error" id="SPELLING_ERROR_16">Kaizen</span>) <a href="http://kaizen-improvement.blogspot.com/">http://kaizen-improvement.blogspot.com/</a><br />(Knowledge Management) <a href="http://knowledge-management-initiative.blogspot.com/">http://knowledge-management-initiative.blogspot.com/</a><br />(Lead Time Management) <a href="http://lead-time-management.blogspot.com/">http://lead-time-management.blogspot.com/</a><br />(Leadership) <a href="http://lead-max.blogspot.com/">http://lead-max.blogspot.com/</a><br />(Lean Enterprise) <a href="http://lean-organization.blogspot.com/">http://lean-organization.blogspot.com/</a><br />(Learning Organization) <a href="http://learning-organization-profile.blogspot.com/">http://learning-organization-profile.blogspot.com/</a><br />(Life Management: Competencies) <a href="http://knol.google.com/k/shyam-bhatawdekar/competency-matrix/6txz9nck6g3/4">http://knol.google.com/k/shyam-bhatawdekar/competency-matrix/6txz9nck6g3/4#</a><br />(Life Management: Effectiveness Management: <strong><em><span style="color:#ff0000;">HSoftware</span></em></strong>) <a href="http://knol.google.com/k/shyam-bhatawdekar/management-in-life-profession-family/6txz9nck6g3/3">http://knol.google.com/k/shyam-bhatawdekar/management-in-life-profession-family/6txz9nck6g3/3#</a><br />(Life Management: I Am Liberated) <a href="http://knol.google.com/k/shyam-bhatawdekar/i-am-liberated/6txz9nck6g3/6">http://knol.google.com/k/shyam-bhatawdekar/i-am-liberated/6txz9nck6g3/6#</a><br />(Life Positions and OKness) <a href="http://life-positions.blogspot.com/">http://life-positions.blogspot.com/</a><br />(Life Skills) <a href="http://life-skills-competencies.blogspot.com/">http://life-skills-competencies.blogspot.com/</a><br />(Listening) <a href="http://listen-skills.blogspot.com/">http://listen-skills.blogspot.com/</a><br />(Management Anecdotes) <a href="http://management-anecdotes.blogspot.com/">http://management-anecdotes.blogspot.com/</a><br />(Management Book- Best Books) <a href="http://best-management-books.blogspot.com/">http://best-management-books.blogspot.com/</a><br />(Management Information System- MIS) <a href="http://management-information-system-mis.blogspot.com/">http://management-information-system-mis.blogspot.com/</a><br />(Managing/conducting Meetings) <a href="http://managing-meetings.blogspot.com/">http://managing-meetings.blogspot.com/</a><br />(Marginal Utility) <a href="http://marginal-utility-concept.blogspot.com/">http://marginal-utility-concept.blogspot.com/</a><br />(Marketing Management Overview) <a href="http://marketing-management-overview.blogspot.com/">http://marketing-management-overview.blogspot.com/</a><br />(Marketing Orientation) <a href="http://marketing-orientation.blogspot.com/">http://marketing-orientation.blogspot.com/</a><br />(Marketing Management Tasks) <a href="http://marketing-management-tasks.blogspot.com/">http://marketing-management-tasks.blogspot.com/</a><br />(Market research) <a href="http://market-research-function.blogspot.com/">http://market-research-function.blogspot.com/</a><br />(Market Segmentation) <a href="http://market-segment.blogspot.com/">http://market-segment.blogspot.com/</a><br />(Mentoring) <a href="http://mentor-mentorship.blogspot.com/">http://mentor-mentorship.blogspot.com/</a><br />(Motivation) <a href="http://motivation-people.blogspot.com/">http://motivation-people.blogspot.com/</a><br />(Negotiation Skills) <a href="http://negotiating-skills.blogspot.com/">http://negotiating-skills.blogspot.com/</a><br />(Negotiation Tactics) <a href="http://negotiation-tactics.blogspot.com/">http://negotiation-tactics.blogspot.com/</a><br />(Objection Handling) <a href="http://objection-handling.blogspot.com/">http://objection-handling.blogspot.com/</a><br />(Organization Development- OD) <a href="http://organization-development-od.blogspot.com/">http://organization-development-od.blogspot.com/</a><br />(Organizational Culture) <a href="http://organizational-culture-values.blogspot.com/">http://organizational-culture-values.blogspot.com/</a><br />(Out of Box Ideas) <a href="http://wow-idea.blogspot.com/">http://wow-idea.blogspot.com/</a><br />(Ownership on Job) <a href="http://job-ownership.blogspot.com/">http://job-ownership.blogspot.com/</a><br />(Paradigm and Paradigm Shift) <a href="http://paradigm-mindset.blogspot.com/">http://paradigm-mindset.blogspot.com/</a><br />(Performance Management and Appraisal) <a href="http://performance-appraisal-management.blogspot.com/">http://performance-appraisal-management.blogspot.com/</a><br />(Personality) <a href="http://human-personality.blogspot.com/">http://human-personality.blogspot.com/</a><br />(Positive Strokes) <a href="http://positive-strokes.blogspot.com/">http://positive-strokes.blogspot.com/</a><br />(Presentation Skills) <a href="http://presentation-effectiveness.blogspot.com/">http://presentation-effectiveness.blogspot.com/</a><br />(Problem Solving) <a href="http://problem-solving-skill.blogspot.com/">http://problem-solving-skill.blogspot.com/</a><br />(Profit Improvement) <a href="http://profit-improvement.blogspot.com/">http://profit-improvement.blogspot.com/</a><br />(Project Management) <a href="http://management-of-project.blogspot.com/">http://management-of-project.blogspot.com/</a><br />(Quality Circles History) <a href="http://quality-circles-history.blogspot.com/">http://quality-circles-history.blogspot.com/</a><br />(Quality Circles) <a href="http://quality-circles.blogspot.com/">http://quality-circles.blogspot.com/</a><br />(Quality Function Deployment- QFD and House of Quality) <a href="http://quality-function-deployment.blogspot.com/">http://quality-function-deployment.blogspot.com/</a><br />(Quality Gurus) <a href="http://quality-gurus.blogspot.com/">http://quality-gurus.blogspot.com/</a><br />(Recession) <a href="http://knol.google.com/k/shyam-bhatawdekar/recession/6txz9nck6g3/7">http://knol.google.com/k/shyam-bhatawdekar/recession/6txz9nck6g3/7#</a><br />(Recession Management) <a href="http://recession-management.blogspot.com/">http://recession-management.blogspot.com/</a><br />(Recruitment and Selection) <a href="http://recruitment-selection.blogspot.com/">http://recruitment-selection.blogspot.com/</a><br />(Research Methodology) <a href="http://research-work-methodology.blogspot.com/">http://research-work-methodology.blogspot.com/</a><br />(Safety and Health Management) <a href="http://safety-health-management.blogspot.com/">http://safety-health-management.blogspot.com/</a><br />(Sales/Selling Process) <a href="http://selling-process.blogspot.com/">http://selling-process.blogspot.com/</a><br />(Sales Promotion) <a href="http://sales-promotion.blogspot.com/">http://sales-promotion.blogspot.com/</a><br />(Self development) <a href="http://managing-self.blogspot.com/">http://managing-self.blogspot.com/</a><br />(Self-confidence) <a href="http://self-confidence-improvement.blogspot.com/">http://self-confidence-improvement.blogspot.com/</a><br />(Six Sigma) <a href="http://six-sigma-system.blogspot.com/">http://six-sigma-system.blogspot.com/</a><br />(Six Thinking Hats) <a href="http://six-thinking-hats.blogspot.com/">http://six-thinking-hats.blogspot.com/</a><br />(Soft Skills) <a href="http://soft-skills-competencies.blogspot.com/">http://soft-skills-competencies.blogspot.com/</a><br />(Spiritual Quotient/Intelligence) <a href="http://spiritual-quotient.blogspot.com/">http://spiritual-quotient.blogspot.com/</a><br />(Strategic Management) <a href="http://strategic-managing.blogspot.com/">http://strategic-managing.blogspot.com/</a><br />(Stress Management) <a href="http://management-of-stress.blogspot.com/">http://management-of-stress.blogspot.com/</a><br />(Stress Management) <a href="http://managing-stress-strain.blogspot.com/">http://managing-stress-strain.blogspot.com/</a><br />(Success) <a href="http://success-achievement.blogspot.com/">http://success-achievement.blogspot.com/</a><br />(Supply Chain Management) <a href="http://manage-supply-chain.blogspot.com/">http://manage-supply-chain.blogspot.com/</a><br />(Supply and Demand) <a href="http://supply-demand-laws.blogspot.com/">http://supply-demand-laws.blogspot.com/</a><br />(Talent Management) <a href="http://managing-talent.blogspot.com/">http://managing-talent.blogspot.com/</a><br />(Team Building) <a href="http://team-building-working.blogspot.com/">http://team-building-working.blogspot.com/</a><br />(Telephone Etiquette) <a href="http://telephone-etiquette.blogspot.com/">http://telephone-etiquette.blogspot.com/</a><br />(Three Sixty Degrees Appraisal System) <a href="http://three-sixty-degrees-feedback.blogspot.com/">http://three-sixty-degrees-feedback.blogspot.com/</a><br />(Time Management) <a href="http://time-life-management.blogspot.com/">http://time-life-management.blogspot.com/</a><br />(Total Productive Maintenance- TPM) <a href="http://total-productive-maintenance.blogspot.com/">http://total-productive-maintenance.blogspot.com/</a><br />(Total Quality Management- TQM) <a href="http://total-quality-concept.blogspot.com/">http://total-quality-concept.blogspot.com/</a><br />(Training and Development) <a href="http://training-function.blogspot.com/">http://training-function.blogspot.com/</a><br />(Trainers’ Qualities) <a href="http://trainers-qualities.blogspot.com/">http://trainers-qualities.blogspot.com/</a><br />(Transaction Analysis- TA) <a href="http://transaction-analysis.blogspot.com/">http://transaction-analysis.blogspot.com/</a><br />(TRIZ- Inventive Problem Solving) <a href="http://triz-problem-solving.blogspot.com/">http://triz-problem-solving.blogspot.com/</a><br />(Value Engineering/Analysis) <a href="http://value-engineering-analysis.blogspot.com/">http://value-engineering-analysis.blogspot.com/</a><br />(Winners and Losers) <a href="http://winners-losers.blogspot.com/">http://winners-losers.blogspot.com/</a><br />(World Class Manufacturing) <a href="http://world-class-manufacturing.blogspot.com/">http://world-class-manufacturing.blogspot.com/</a><br />(Written Communication) <a href="http://written-communication.blogspot.com/">http://written-communication.blogspot.com/</a><br />(Zero Based Budgeting) <a href="http://zero-based-budgeting.blogspot.com/">http://zero-based-budgeting.blogspot.com/</a></span></span></p><p><span style="color:#993300;"><span style="color:#000000;"><strong><span style="color:#006600;">Counseling: General and Psychological<br /></span></strong>(Anger Management) <a href="http://controlling-anger.blogspot.com/">http://controlling-anger.blogspot.com/</a><br />(Children’s Behavior Problems) <a href="http://child-behavior-problems.blogspot.com/">http://child-behavior-problems.blogspot.com/</a><br />(Cholesterol Control) <a href="http://controlling-cholesterol.blogspot.com/">http://controlling-cholesterol.blogspot.com/</a><br />(Counseling: Psychological) <a href="http://counselingfamily.blogspot.com/">http://counselingfamily.blogspot.com/</a><br />(Counseling: Psychological) <a href="http://counseling-family.blogspot.com/">http://counseling-family.blogspot.com/</a><br />(Cross Cultural Etiquette) <a href="http://cross-cultural-etiquette.blogspot.com/">http://cross-cultural-etiquette.blogspot.com/</a><br />(Emotions) <a href="http://emotion-feeling.blogspot.com/">http://emotion-feeling.blogspot.com/</a><br />(Executive Etiquette and Manners) <a href="http://executive-manners.blogspot.com/">http://executive-manners.blogspot.com/</a><br />(Exercises) <a href="http://exercises-plan.blogspot.com/">http://exercises-plan.blogspot.com/</a><br />(Family Counseling) <a href="http://family-harmony.blogspot.com/">http://family-harmony.blogspot.com/</a><br />(Health: Homeopathy) <a href="http://homeopathy-medicines.blogspot.com/">http://homeopathy-medicines.blogspot.com/</a><br />(LifeManagement: Competencies) <a href="http://knol.google.com/k/shyam-bhatawdekar/competency-matrix/6txz9nck6g3/4">http://knol.google.com/k/shyam-bhatawdekar/competency-matrix/6txz9nck6g3/4#</a><br />(Life Management: Effectiveness Management: HSoftware) <a href="http://knol.google.com/k/shyam-bhatawdekar/management-in-life-profession-family/6txz9nck6g3/3">http://knol.google.com/k/shyam-bhatawdekar/management-in-life-profession-family/6txz9nck6g3/3#</a><br />(Life management: I Am Liberated) <a href="http://knol.google.com/k/shyam-bhatawdekar/i-am-liberated/6txz9nck6g3/6#view">http://knol.google.com/k/shyam-bhatawdekar/i-am-liberated/6txz9nck6g3/6#view</a><br />(Marriage Counseling) <a href="http://marriage-counsel.blogspot.com/">http://marriage-counsel.blogspot.com/</a><br />(Ownership on Job) <a href="http://job-ownership.blogspot.com/">http://job-ownership.blogspot.com/</a><br />(Parental Responsibilities) <a href="http://parental-responsibilities.blogspot.com/">http://parental-responsibilities.blogspot.com/</a><br />(Personality) <a href="http://human-personality.blogspot.com/">http://human-personality.blogspot.com/</a><br />(Qualities of Spouse) <a href="http://spouse-qualities.blogspot.com/">http://spouse-qualities.blogspot.com/</a><br />(Quit Smoking) <a href="http://quit-smoking-plan.blogspot.com/">http://quit-smoking-plan.blogspot.com/</a><br />(Self Development) <a href="http://managing-self.blogspot.com/">http://managing-self.blogspot.com/</a><br />(Self-confidence) <a href="http://self-confidence-improvement.blogspot.com/">http://self-confidence-improvement.blogspot.com/</a><br />(Stress Management) <a href="http://managing-stress-strain.blogspot.com/">http://managing-stress-strain.blogspot.com/</a><br />(Stress Management) <a href="http://management-of-stress.blogspot.com/">http://management-of-stress.blogspot.com/</a><br />(Swine Flu and Its Prevention) <a href="http://swine-flu-precaution.blogspot.com/">http://swine-flu-precaution.blogspot.com/</a><br />(Telephone Etiquette) <a href="http://telephone-etiquette.blogspot.com/">http://telephone-etiquette.blogspot.com/</a><br />(Walking) <a href="http://walking-plan.blogspot.com/">http://walking-plan.blogspot.com/</a><br />(Winners and Losers) <a href="http://winners-losers.blogspot.com/">http://winners-losers.blogspot.com/</a></span></span></p><p><span style="color:#993300;"><span style="color:#000000;"><strong><span style="color:#006600;">About All the Products<br /></span></strong>(<strong><span style="color:#ff0000;">Home Page for All Products</span></strong>) <a href="http://products-all.blogspot.com/">http://products-all.blogspot.com/</a><br />(Cars) <a href="http://cars-products.blogspot.com/">http://cars-products.blogspot.com/</a><br />(Chocolates) <a href="http://chocolates-products.blogspot.com/">http://chocolates-products.blogspot.com/</a><br />(Flowers) <a href="http://flowers-products.blogspot.com/">http://flowers-products.blogspot.com/</a><br />(Greeting Cards) <a href="http://greeting-cards-products.blogspot.com/">http://greeting-cards-products.blogspot.com/</a><br />(Mobile Phones) <a href="http://mobilephones-products.blogspot.com/">http://mobilephones-products.blogspot.com/</a></span></span></p><p><span style="color:#993300;"><span style="color:#000000;"><strong><span style="color:#006600;">Home Tips<br /></span></strong>(<strong><span style="color:#ff0000;">Home Page for All Home Tips</span></strong>) <a href="http://home-tips-tricks.blogspot.com/">http://home-tips-tricks.blogspot.com/</a><br />(Entertainment: Movies) <a href="http://popular-movies.blogspot.com/">http://popular-movies.blogspot.com/</a><br />(Oscar Award Movies) <a href="http://oscar-award-movies.blogspot.com/">http://oscar-award-movies.blogspot.com/</a><br />(Entertainment- Hindi Movies of Your Choice) <a href="http://hindi-movies-choice.blogspot.com/">http://hindi-movies-choice.blogspot.com/</a><br />(Health: Homeopathy) <a href="http://homeopathy-medicines.blogspot.com/">http://homeopathy-medicines.blogspot.com/</a><br />(Housekeeping at Home) <a href="http://5s-housekeeping-home.blogspot.com/">http://5s-housekeeping-home.blogspot.com/</a><br />(How to Save Money) <a href="http://save-money-ideas.blogspot.com/">http://save-money-ideas.blogspot.com/</a> or <a href="http://knol.google.com/k/shyam-bhatawdekar/how-to-save-money/6txz9nck6g3/11">http://knol.google.com/k/shyam-bhatawdekar/how-to-save-money/6txz9nck6g3/11#</a><br />(Recipes: Easy to Cook) <a href="http://easytocook-recipes.blogspot.com/">http://easytocook-recipes.blogspot.com/</a><br />(Recipes: Exotic) <a href="http://tastetherecipes.blogspot.com/">http://tastetherecipes.blogspot.com/</a><br />(Stories for Children) <a href="http://stories-children.blogspot.com/">http://stories-children.blogspot.com/</a><br />(Travel and Sightseeing- India) <a href="http://india-tours-sightseeing.blogspot.com/">http://india-tours-sightseeing.blogspot.com/</a><br />(Travel and Sightseeing- World) <a href="http://sightseeing-guide.blogspot.com/">http://sightseeing-guide.blogspot.com/</a></span></span></p><p><span style="color:#993300;"><span style="color:#000000;"><strong><span style="color:#006600;">General Knowledge and Out of Box Ideas<br /></span></strong>(General Knowledge- GK) <a href="http://general-knowledge-gk.blogspot.com/">http://general-knowledge-gk.blogspot.com/</a><br />(General Knowledge- Top 5/Top 10) <a href="http://top-five-everything.blogspot.com/">http://top-five-everything.blogspot.com/</a><br />(Out of Box Ideas) <a href="http://wow-idea.blogspot.com/">http://wow-idea.blogspot.com/</a><br />(Shyam Bhatawdekar’s Knols) <a href="http://knol.google.com/k/shyam-bhatawdekar/shyam-bhatawdekar/6txz9nck6g3/1#">http://knol.google.com/k/shyam-bhatawdekar/shyam-bhatawdekar/6txz9nck6g3/1#</a></span></span></p><p><span style="color:#993300;"><span style="color:#000000;"></span> </p></span><div class="blogger-post-footer"><img width='1' height='1' 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