On 18th December‚ 2012 the Lok Sabha passed the much expected Companies Bill‚ 2012 to replace the existing Companies Act‚ 1956‚ one of the most important legislation governin g all companies in India for the past 56 years. The Bill has 470 clauses as against 658 Sections in the existing Companies Act‚ 1956. Comparison of Companies Act‚ 1956 and Companies Bill‚ 2012 Basis of Comparison Companies act ‚1956 Companies Bill‚2012 Maximum number of 50 (Fifty) members for private company
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MASSACHUSETTS’S CHAPTER 40R: A MODEL FOR INCENTIVE-BASED LAND USE PLANNING AND AFFORDABLE HOUSING DEVELOPMENT Karla L. Chaffee∗ TABLE OF CONTENTS Introduction ...............................................................................................182 I. Massachusetts’s Housing Crisis............................................................184 II. Open Space Preservation and Affordable Housing are Conflicting Goals Under Chapter 40R’s Predecessor‚ 40B ..................................
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meaning of compensation seems most appropriate from an employee’s view: Return‚ reward or entitlement? Compensation and Benefits remain as an invaluable tool to attract‚ motivate and retain qualified candidates. Compensation refers to the wages and other non-financial forms of compensation that an organisation pay to employees for the work they do. Compensation can be given out to employees in the form of pay‚ incentives‚ and benefits for performing their job. A total compensation and benefits package
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Management Control Systems Chapter 1: MANAGEMENT AND CONTROL Management control failures can lead to large financial losses‚ reputation damage‚ and possibly even organizational failure. However‚ adding more controls does not always lead to better control. Some MCSs in common use often stifle initiative‚ creativity‚ and innovation. The term “control‚” as it applies to a management function‚ does not have a universally accepted definition. An old‚ narrow view of an MCS is that of a simple cybernetic
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“Which kinds of reward system are effective methods for Chinese education industry to retain excellent teachers?” “4794702” “02/09/2011” Dissertation submitted in part-fulfilment of the requirements for the degree of [Master of “International Human Resource Management”] at the University of East Anglia This copy of the dissertation has been supplied on condition that anyone who consults it is understood to recognise that its copyright rests with the author and that no quotation from
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through employee reward scheme. Discuss In this essay I will be looking at different views that have been discussed in recent years on how reward schemes affect the motivation of employees and also looking at theories that have been produced by theorist backing up rewards as a positive form of motivation and disregarding reward schemes as a helpful form of motivation. By looking at these different views and theories I will gain an understanding of where they think motivation through reward schemes stands
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IntroductionCompensation is an essential and universal component of the management process of every organization. Most organizations want to fulfill their mission‚ achieve their objectives and maximize return on their investment‚ particularly on their human capital. Doing so requires that their compensation philosophy‚ design‚ delivery and decisions be balanced‚ fair‚ focused‚ and understood by their employee and potential employee constituencies. TextRole of Compensation and RewardsAn effective
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Insight Report: Best Practice in the Reward Credit Card Sector On 11th July 2014 Summary : Banks are increasingly using rewards and loyalty programs as a tool for maintaining relationships with top-end customers‚ as these relationships provide high potential for revenue generation. Financial institutions are putting forward premium experiences and offers to increase loyalty and develop deeper banking relationships. Rightly positioned‚ unique rewards act as a key differentiator in a highly
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Do you think the government incentives is a main factor cause for the increase in foreign-market entry? Why? I think the government incentives is a main factor cause‚ because governments are increasingly under pressure to provide jobs for their citizens. Foreign direct investment can serve as a method to attract more industry and create more jobs. Because many foreign investors import equipment‚ parts and even personnel‚ the expected benefits in terms of job creation mat often be either less than
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If God knows what we are going to do‚ he has no right to reward the good and punish the wicked. Discuss The idea that God gave humans free will is one that is essential to the Christian faith. This is highlighted in Genesis. If we were to believe this concept consequently‚ we would believe that we are morally responsible for our actions. The idea of omnipotence logically requires God knowing what we will do before we do it. This is a problem with the idea of free will‚ as this may mean that we
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