How to end corruption Prompt justice‚ prompt punishment to guilty‚ prompt registration of FIR in Thana and prompt action by police personnel‚ prompt movement of files in all offices‚ election and recall of public representatives and so on…. All these are possible only when the culture of flattery and yesmanism is stopped completely. Honest workers have always fear of wrong posting and rejection in promotion processes if they do not flatter their bosses or bribe them.. Honest person fear in
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1. How does Ben’s age affect his decision to get an MBA? In this case‚ Ben’s age affects his decision to get an MBA because he is now 28 years old and has been out of school for six years. Assuming Ben has worked for the previous years since graduation‚ he has accumulated money from saving his salary in order to obtain his MBA. Now starting an MBA program at 28 years old‚ Ben will suspend working to spend at least two years studying and finishing his MBA. He will finish by the age of 30 if he
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in a team were on a group bonus plan‚ which was linked to the performance of the team. The Expectancy Theory states that to get a better outcome‚ link performance to outcome and motivate the team (Vroom‚ 1964). There are three aspects of this theory; Effort‚ performance and outcome. Vroom emphasised on outcome by motivating the team. It was expected of the team to perform well to get a good bonus. Bonus was supposed to decrease as their expertise increase. This group bonus was given to keep up the
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schools; however they do accept resumes from candidates at noncore schools. The process comes to a close at the end of “Super Saturday”. Super Saturday is considered the final round of the process. Super Saturday is a day of interviews between 30 bankers and 30 associate candidates. The choice of core schools was essential. The method used to decide at which schools to recruit was initially met with resistance from the senior management. It was viewed as “going downstream”. The initial strategy
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business of a banker‚ the keeping or management of a bank” According to Indian banking law section-5(1) “Banking means the accepting for the purpose of lending or investment of deposit or money from the public‚ repayable on demand or otherwise‚ and withdrawn able by cheque‚ draft‚ and order or otherwise Banks view point: All of the activities of bank are called banking. Clients view point: All of the activities of clients that are related with bank are called banking. Banker: According
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earnings for a specific period‚ a company may capitalize a cost that should be expensed. Read the following scenario and then decide how you would handle this opportunity to manage earnings. You are a division manager of a large public company. Your bonus is calculated on your division ’s net income targets that you must meet. This year that target is $1.5 million. You are authorized to sign off on any decision made within your division. You are faced with the following situation: On November 15
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for completing training and obtaining licenses. •Milestone bonuses paid every four months to Financial Advisors whose performance is 75% or more of standard. Financial Advisors who are at 100% or more of standard may receive an enhanced milestone bonus. •New asset bonuses paid monthly‚ based on the accumulation of new assets. •Deferred bonuses earned and paid every four months in years four‚ five and six‚ based on new assets gathered in the first three years. •Profitability cash bonuses earned and
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November 2011 Table of contents COMPANY BACKGROUND 1 CASE STUDY HARLEY DAVIDSON 3 Question 1) CUSTOMER RELATIONSHIP TOOLS 3 Question 2) CENTRAL ADVANTAGES OF A STRONG BRAND COMMUNITY 5 Question 3) WOULD YOU RECOMMEND HD TO IMPLEMENT A BONUS SYSTEM? 8 LIST OF REFERENCES III Appendix IV AFFIDAVIT VIII COMPANY BACKGROUND Harley Davidson was created in 1903 by William S. Harley and Arthur Davidson in Milwaukee‚ Wisconsin‚ when the first Harley-Davidson motorcycle became available
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straight debt issue‚ and convertible subordinated debentures. He seeks information from bankers and analysts‚ but eventually has to make a decision himself. The company’s investment bankers‚ from Merrill Lynch‚ proposed a 20 year bond with an interest rate of 8.25% and a maturity in 2005. However‚ Mr. Wood believed that this structure was not any better than the others being considered. He realizes that investment bankers usually look at premiums and paybacks which make the structure more costly. In addition
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content‚ or signalling‚ hypothesis; (2) the clientele effect; and (3) their effects on dividend policy. Question 3 (16%) In theory‚ there is always exist reasons behind stock splits‚ share repurchases and bonus issues of common stocks. Below are two real examples of stock split and bonus issues‚ write your own comment (whether the stated reason is valid or not) on the company action based on your critical judgement from their stated reason and state of your reason. Announced Date 23 Aug
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