Episodes: Masonry

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115-Theory of Absolute Advantage Adam Smith

Season 8: theory of Absolute Advantage by Adam SmithAdam Smith is undoubtedly the father of modern economics. This theory of free trade propagates international trade based on the absolute...

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114-Interventionist Theories of International Trade

Season 8: Interventionist Theories of International TradeThe invisible hand of the government determines Interventionist theories. They are of two types  Mercantilist and Neo-Mercantilist. It is all about ensuring export...

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113-Theories of International Trade

Season 8: Theories of International Trade in IBInternational Business is based on economic theories. They are broadly categorized as Interventionist and Free Market Theories. We discuss the fundamentals of...

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112-International Business: Schools of Thought

Season 8: International Business Schools of ThoughtGlobalization and International Business have different schools of thought. Some say it is here to stay while some believe it is more regional...

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111-International Business Dynamics

Season 8: International Business DynamicsGlobalization creates International Business. International Business is all about the trading of goods, services, Intellectual property across International Borders i.e two or more Nations. International...

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110-Advent of Globalization

Season 8: Advent of GlobalizationGlobalization is here to stay. It is the interdependence of economic processes across Nations. Imports and Exports are the determinants of the prosperity of people...

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109 – International Business Introduction

Season 8: International Business IntroductionWe live in a global village. With technology penetration, International Business is the new norm and global brands are the kings.  We start this season...

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108-Technology-Based Information Systems

Season 7: Technology-Based Information Systems Strategy implementation requires tight control through data and information. Analytics are required for decision making by correlating various business variables. We discuss the role...

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107-Strategy Control Methodologies

Season 7: Strategy Control MethodologiesImplementation of any strategy requires effective control through budgets and trend mapping through financial ratios. We discuss the aspects of Management Control in this podcast....

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106-Responsibility Centers

Season 7: Responsibility CentersStrategy and Management Control requires the organization to be coordinated through Responsibility Centers for efficiency and effectiveness. We discuss the four Responsibility Centers and their characteristics...

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105-Management Control System

Season 7: Management Control SystemOnce the strategy is formulated and actioned we need to ensure it is successful by limiting the variances. The process of Management Control thus becomes...

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104-Objectives & Strategy Implementation

Season 7: Objectives & Strategy Implementation Alongside the Grand Strategies post scanning of environment and assessment of choices & alternatives Long-Term  Objectives are formulated alongside Grand Strategies, which cascade...

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