Blog

Six Sigma Explained – What is Lean Six Sigma? Process and Methodology

Six Sigma methodology

The concept of the Six Sigma methodology is somewhat recent, arising around the 1980s . However, quality methodologies have been around for longer. They emerged in 1798, when Eli Whitney introduced the concept of consistency and defect identification, analyzing product quality. From there, people began to understand and structure what …

Top 10 Network Marketing Companies in India in 2024

top network marketing company

Network Marketing Companies 2021 – MLM and network marketing companies are a great way to earn passive income sources. There are many such network marketing companies, MLM , and   direct selling companies exist in India, which, despite having no work experience and educational qualifications, offer a chance to earn some …

Credit Score | Frequently Asked Question (FAQs) Explained

Credit Score – The personal score that is formed as a result of the collection and analysis of all financial history and relations with banks by a joint institution (Credit Registration Office) is called “Credit Score”. The credit rating obtained is used by financial institutions as …

Credit Score | Factors affecting Credit Score Explained

Credit Score – Credit Information Bureau India Limited (CIBIL) score plays a critical role in the loan approval process for Indian banking industry. An individual customer’s credit score provides loan providers with an indication of how likely it is that they will pay back a …

Risk Management | Types Of Risk | Stages Explained

Developing Risk Management Plan

Risk Management – “Risk are future uncertain events with a probability of occurrence and a potential for loss” A risk is defined as “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.Risk is inherent with …

What is Credit Risk ? | Methodology and Stages Explained

What is Credit Risk ? Credit Risk is the possibility of incurring losses associated with the non-compliance by the borrower or counterparty with their respective financial obligations under the agreed terms, the devaluation of the credit agreement resulting from the deterioration in the borrower’s risk …

What are Credit Reports and why check them? Explained

Credit Reports – The credit report is a document that presents the records of negotiations. It is a kind of statement of operations prepared by the credit protection agency. From this analysis, your company verifies any movement or negative information, which may increase the transaction risk. For …

Credit Card Business Model | Key concepts Explained

What is a credit card ? A credit card is a payment/loan product that a customer can borrow against a line of credit at any time and can repay that loan with a great degree of flexibility. Parties involved in credit card transaction Cardholder : …