COMMENT EXECUTIVE COMPENSATION DURING ECONOMIC TURMOIL Student[1] I. INTRODUCTION The economic downturn in late 2008 brought forth the resurgence of an interesting topic - executive compensation. This topic was bound to bring much controversy as a result of the dramatic increase in executive compensation over the last decade[2] and the recent massive failure of many large companies.[3] Adding to the public interest was the 2008 United States Presidential Election‚ which
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| Assignment on“Ship Building Industry Of Bangladesh” | Course code: MKT 616 Course Title: International Marketing Submitted to: Mr. Javed Tariq Assistant Professor Program: MBA (E); Semester: Summer 2013 Department of Business Administration Green University of Bangladesh Submission Date: 13 July‚ 2013 Submitted By (Group-C: Falcon): 1. Ariful Islam Juwel ID No.: 120207036 2. Khalid Saifullah ID No.: 120207048 3. Nazrul Islam ID No.: 120207044 4. Sharif
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ntroduction: Bangladesh is one of the largest Muslim countries in the world. The people of this country are deeply committed to Islamic way of life as enshrined in the Holy Qur’an and the Sunnah. Naturally‚ it remains a deep cry in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13‚ 1983‚ is the true reflection of this inner urge of its people‚ which started functioning with effect from
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Compensation Management Q1.a. What is the role of compensation and rewards in modern organization? What arethe advantages of a fair compensation system? Ans1a. Role of Compensation and Reward in Organization: Compensation and Reward system plays vital role in a business organization. Since‚ among four Ms‚ i.e Men‚ Material‚ Machine and Money‚ Men has been most important factor‚ it is impossible to imagine a business process without Men. Land‚ Labor‚ Capital and Organization are four major factors
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Foreign Aid to Bangladesh (from independence to till now) Bangladesh is a country with a population of 120 million people‚ but heavily dependent on international or foreign aid. One of the downside of receiving foreign aid is that Bangladesh still spends a part of it for waging war in the Chittagong Hill. Foreign aid is also used for socio-economic developments and fighting one of the highest poverty rates in the world. Each year‚ Bangladesh spends an extra $125 million on foreign aid and
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Step 3: Raise pay from $14/hour to $18/hour through Compensation Studies Bill Coleman‚ a salary.com columnist‚ published an article promoting fairness in pay and described what most organizations favor‚ which is a compensation study. Coleman explains how underpay and overpay salaries can determine the value of one’s job by quoting “if you underpay employees‚ they will eventually look for a better offers…if you overpay an employee‚ it will cause payroll budget and profitability to suffer. That’s why
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Workers Compensation is essentially a form of insurance that provides wage replacement and medical coverage to employees that are injured while working. This compensation‚ however‚ is not freely given to the employees. It is instead exchanged for the employee’s right to sue his or her employer for the tort of negligence. Depending on jurisdiction‚ Workers Compensation can function as various types of insurance. Wages that is lost while recovering from an injury can be paid to the employee as
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assets. Hence‚ it is also known as revolving or circulating capital or short term capital. 1) Jeng-Ren‚ C. & Cheng‚ L. (2006) in their article‚ “Determinants of working capital” investigate the determinants of working capital management. This study investigates the relation of business indicator and management of short-term capital from the perspective of a firm’s working capital management‚ which traditionally is rated by current ratio‚ quick ratio‚ and net working capital.The authors have used
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SOCIAL RESPONSIBILITY OF BUSINESS: A CASE STUDY OF GRAMEEN PHONE IN BANGLADESH NIMALATHASAN‚ B.* Abstract The social responsibility of business organisations is getting increased attention in recent years‚ and a strong perception has developed among the business managers worldwide and that organisations need to be managed in a socially responsible way for economic viability and long term sustainability. Therefore‚ the social responsibility of businesses has become an important part of today’s business
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We will discuss the issue on social security that relate with Workmen Compensation Act 1952. This is an act that provide for the payment of compensation benefits to a foreign worker who possesses valid employment document for injuries sustained due to accident which arises out of or in the course of employment of if death results from the accident to the dependants. 1 Same likes other act‚ this act also provide in the case of fatal accident or contracting an occupational disease to the worker dependants
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