Com-Exultant : Finance and Research

  WORKING CAPITAL Working capital can be understood as the capital needed by the firm to finance current assets. It represents the funds available to the enterprise to finance regular operations, i.e. day to day business activities, effectively. It is helpful in gauging the operating liquidity of the company, i.e. how efficiently the company is able to cover the short-term debt with short-term assets. It can be calculated as: Working Capital = Current Assets – Current Liabilities Current Assets represent those assets which can be easily transformed into cash within one year. On the other hand, current liabilities refer to those obligations which are to be paid within an accounting year. Types of Working Capital   1.       On the basis of Value ·          Gross Working Capital : It denotes the company’s overall investment in the current assets. ·          N...

Motivation   Motivation is a driving force which affects the choice of alternatives in the behaviour of a person. It improves, stimulates and induces employees leading to goal-oriented behaviour. For example, promotion is a motivating factor as employees work to achieve preset targets for getting a promotion. Motivation can be monetary, e.g., rewards given in the form of a car or a hike in the salary or it can be non-monetary in the form of public appreciation.   Theories of Motivation    There are two types of theories in motivation: ·          Content Theory ·          Process Theory A. Content theories of motivation 1.       Maslow’s hierarchy of needs : Physiological need: It is the basic form of need which includes food, shelter and clothing. E.g., getting a job for survival in the context of an  organisation . Safety need: With physiological needs b...

  Unicorn Company Definition: A unicorn company is a private startup firm whose valuation crosses the 1 billion dollar mark in early years without going public, i.e. without listing the stocks on a stock exchange. The worth of the unicorns is not directly associated with their present financial performance; rather, it highly depends on their growth potential discerned by the angel investors and venture capitalists. They also take part in several funding rounds to get the funds for operations. Becoming a unicorn company is the dream of every startup business, especially tech startups. The term ‘unicorn’ company is quite commonly used in the  venture capital  industry. However, achieving the status of a unicorn company is rare.   To become a unicorn, the start-up business must have a unique idea, an effective business model, a vision for growth and an effective way of communicating their message to the VCs and private investors. Unicorn Companies in India:...