Backdating Definition.

Backdating is the practice of manipulating the date of a financial contract to take advantage of favorable market conditions. For example, a company might backdate a stock option to a date when the stock price was lower, allowing the option holder to buy shares at the lower price. Backdating can be used for legitimate purposes, … Read more

How the PDCA Cycle Can Improve Your Business Processes.

The PDCA Cycle for Improving Business Processes Why do PDSA cycles? PDSA cycles are a key tool that helps organizations to continuously improve their performance. By constantly testing new ideas and solutions and then measuring the results, organizations can identify what works and what doesn’t, and make the necessary adjustments to continually improve. PDSA cycles … Read more