patent is a set of exclusive rights granted by a sovereign state to an inventor/creator or their assignee for a limited period of time in exchange for a public disclosure of the invention. A patent is a limited property right that a government gives an inventor in exchange for their agreement t share details of their inventions with the public. In Kenya this is done by the Kenya Institute of Intellectual Property . An invention is a solution to specific technological problem‚ and maybe a product
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SERVICE SECTOR AND ROLE OF HUMAN RESOURCE MANAGER IN SERVICE SECTOR INTRODUCTION TO SERVICE SECTOR The service sector or service industry is those sector or industry that is excluded from primary sector and secondary sector. This sector deals in ’intangible goods’ The service sector consists of the "soft" parts of the economy‚ i.e. activities where people offer their knowledge and time to improve productivity‚ performance‚ potential‚ and sustainability. The basic characteristic of this
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The financial services sector is emerging from the worst financial crisis for 80 years. Tighter regulation‚ an overhang of debt in the west and the immense growth in the power of banks in emerging economies will transform the landscape of banking. The global financial system suffered a profound and traumatic shock in September 2008 when US investment bank Lehman Brothers collapsed. As market players withdrew from the financial system‚ credit dried up and world trade collapsed‚ there
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HIV/AIDS – An International Concern November 16th 2009 Abbreviations and acronyms AIDS : Acquired Immunodeficiency Syndrome ARV : Antiretroviral (drug) CDC : Centers for Disease Control G8 : Group of Eight GFATM : The Global Fund to Fight AIDS‚ Tuberculosis and Malaria HIV : Human Immunodeficiency Virus NGO : Nongovernmental Organization TERG : Technical Evaluation and Reference Group UN : United Nations UNAIDS : Joint United Nations Program on HIV and AIDS UNESCO : United
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WHAT CHALLENGES DOES THE TRADITIONAL PUBLIC ADMINISTRATION ENCOUNTER IN A CHANGING PUBLIC SECTOR ENVIRONMENT The traditional model of public administration (TPA) remains the longest standing and most successful theory of management in the public sector which pre-dominated for most of the 20th century. The TPA can be characterized as an administration under the formal control of the political leadership which was based on a strictly hierarchical model of bureaucracy‚ staffed by permanent‚ neutral
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References: "Advantages and Disadvantages of Using Incrementalism in Public Budget Preparation." Thinking Made Easy. Web. 17 July 2011. . "Advantages and Disadvantages of Using Incrementalism in Public Budget Preparation." Thinking Made Easy. Web. 17 July 2011. . Douthat‚ Ross. “The Advantages of Incrementalism. “NY Times: Opinion Page. New York Times‚ 21 Jan. 2010. Web. 17 July 2011
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Globalization � PAGE * MERGEFORMAT �9� Organizational Change within the Public Sector in the Age of Globalization � Organizational Change within the Public Sector in the Age of Globalization _INTRODUCTION_ Globalization can be seen as a new phase of internationalization of forcing companies and countries reciprocally depend on degrees in the past. Here you can have globalization as the third phase of the internationalization of markets‚ the first of these phases properly called internationalization
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PRIVATE SECTOR VS PUBLIC SECTOR ACCOUNTING STANDARD 1. INTRODUCTION The global financial crisis has demonstrated that the public sector as well as the private sector needs the highest quality accounting standards. Around the world‚ accounting in the public sector is practiced in diverse ways and struggles to achieve comparable standard in accountability and transparency. The Securities Act of 1933 gave the commission the authority to prescribe accounting standards to be followed by the companies
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Financial Performance The table below shows that the analysis of financial ratios. Types of Ratio Sub Ratio Perbadanan Kemajuan Negeri Kedah (PKNK) Syarikat Air Darul Aman (SADA) Liquidity Ratio Current Ratio 2.19 times - Quick Ratio 2.04 times - Cash Ratio 0.343 times - Efficiency Ratio Working Capital RM 189‚278‚871 RM 120‚434‚000 Inventory Turnover 1.3 times - Total Assets Turnover 0.078 times - Profitability Profit Margin 36.8% 7.94% Operating Margin 45
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Challenge Faced by Regulator and Supervisor Authority INTRODUCTION Nowadays‚ most people are familiar with new technology development of electronic banking systems. Its not only provide the basic services like fund transfer and bill payments‚ but also doing the advance including provide the loan and card application. Electronic banking can define as the use of electronic delivery channels for banking products and services. Electronic banking services generally offered in two ways either traditional
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