policies should public companies follow? By Ron Prokosch The word “nepotism” in the business community originally referred to the hiring of relatives of the owner of the business. Today‚ this word has been extended to refer to the existence of employees within any organization that are related to each other either by blood or marriage. Is nepotism a cost or a benefit for an organization? How does it impact morale‚ loyalty‚ employee satisfaction‚ and a firm’s ability to service their customers
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| |Table of Contents | |Contents |Page | |Introduction |3 | |P1.1- Compare different management styles |4 | |P1.2- leadership
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Cat Inc. is the world’s largest manufacturer of construction and mining equipment‚ diesel and natural gas engines‚ and industrial turbines. It is also a technology leader in construction‚ transportation‚ mining‚ forestry‚ energy‚ logistics‚ and electric power generation. Its corporate world headquarters is located in Peoria‚ Illinois. Cat Inc is comprised of 26 business units. Cat Inc. is rated number 1 or 2 in every major S&P 500 and Dow Jones Index tracked category in the Construction‚ Agriculture
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without source of finance. The financial manager is mainly responsible for raising the required finance for the business. There are several sources of Finance and as such the finance has to be raised from the right kind of source. Generally speaking‚ there are two sources of finance as follow: 1) SPONTANEOUS SOURCES: Finance which naturally arises in the course of business is called as ‘Spontaneous Financing’. Trade creditors‚ credit from employees‚ credit from suppliers of services
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This company is well known for being a dangerous place to work‚ but according to conversations I had with some of his co-workers‚ employees were threatened with the loss of their jobs if they complained. Any job carries inherent risk for injury‚ even if you sit in an office all day. Without their employees‚ product would not be designed‚ fabricated or sold. A good Manager knows he has an ethical if not moral obligation to satisfy the needs of his customer‚ but what about the needs of the people who
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opportunities‚ rewards‚ culture‚ and management style. The employee personal values should align with the company’s brand and be reflected consistently to employees. Otherwise‚ employees may grow cynical about the company and ultimately become less productive or leave the organization entirely. In addition to relevant skills‚ employers seek employees who have the personal values‚ characteristics‚ and personality traits that spell success. Minchington (2005) defines an Employer Value Proposition (EVP)
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However‚ the three videos are used in my assignment were: - 1) MR ETHICAL VS MR UNETHICAL 2) Business Ethics: Resolving an Unethical Situation 3) BUSINESS ETHICS Note: - All the above mentioned topics are all you tube videos which I carefully studied‚ evaluated and gave my own perception of what I felt like was the most ethical and most moral thing to do in the situation. However‚ before I go any further; I will like to give a few explanations to some of the terminologies which I used in my assignment
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After I joined my Present Company in early 2007‚ I was primarily looking after construction Industry customers viz. Civil Contractors‚ M&E Service Contractors‚ Fabricators etc. but this is proving to be not enough to attain growth in my territory as company had expected as there weren’t too many Private projects ongoing. Due to large number of government Institutions and installations present in my territory‚ I discussed a strategy with my management to penetrate into the government sector segment
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finance for manager Table of content Q1: Sustainability of Debt Finance Management Introduction…………………………………………………………………………………………….3 1.1 Literature review…………………………………………………………………………………..3 1.2 Assumption and argument for this debt financing findings from ICAEW……………………5 1.3 Financial ratio analysis for the debt financing situation of the chosen listed company……6 1.3.1 Debt financing performance………………………………………………………………6 1.3.2 Operation performance……………………………………………………………………8 1.3.3 Systematic
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Throughout the essay‚ the managers will be referred to as Mr X and Mr Y and their company’s will be referred to as Company X and Company Y respectively due to confidential reasons. The first manager that was interviewed in order to fulfil this task was Mr X. He works for Company X‚ which is‚ a large service based organisation at the position of ‘Head of Corporate Credit Administration.’ His key responsibility at this bank is to provide credit administration support to Corporate‚ Investment
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