RM500‚000 in short term loan for six months. The company has a line of credit of RM800‚000 with 2.5% commitment fees on the unused fund‚ and a 9% stated interest rate. A compensating balance of RM40‚000 is to be kept in its checking account. Sweet Inc. has RM28‚000 checking account balance that can be used to meet part of the compensating balance requirement. What is the effective interest rate? (5 marks) c) PTC Superstore is trying to determine whether or not to
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BTEC Extended Diploma Level 3 Assignment Brief Course Title: Extended Diploma Level 3 in Health and Social Care Unit : 5 Assignment Title: Anatomy & Physiology Scenario/Vocational Context: This unit introduces core knowledge of cellular structure and function‚ and the organisation of the body as a whole‚ and then builds on this to develop a more detailed knowledge of the fine anatomy and physiology of the systems involved in energy metabolism. Functional Skills Development: This assignment
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planning‚ organizing‚ staffing‚ leading‚ and controlling. Management process: The five basic functions of planning‚ organizing‚ staffing‚ leading‚ and controlling. Human Resource Management (HRM): The process of acquiring‚ training‚ appraising‚ and compensating employees‚ and of attending to their labor relations‚ health and safety‚ and fairness concerns. Line Manager: A manager who is authorized to direct the work of subordinates and is responsible for accomplishing the organization’s tasks. Staff
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subordinates; establishing channels of authority and communication; coordinating the work of subordinates. Staffing. Determining what type of people should be hired; recruiting prospective employees; selecting employees; setting performance standards; compensating employees; evaluating performance; counseling employees; training and developing employees. Leading. Getting others to get the job done; maintaining morale; motivating subordinates. Controlling. Setting standards such as sales quotas‚ quality
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HRM Specialisation Introduction to Strategic Compensation Management: Concept of compensation-Exploring and defining the compensation context–System of compensating–compensation dimensions-concept of reward–Role of compensation in Organization- Non-financial compensation system–Concept of total reward system-New trends in compensation management–The 3-P compensation concept. Compensation and Employee Behaviour: Bases For Traditional Pay System and Modern Pay System–Establishing Pay Plans–Aligning
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20: Income Inequality and Poverty 1) Income Inequality and Poverty A person’s earnings depend on the supply and demand for that person’s labor‚ which in turn depend on natural ability‚ human capital‚ compensating differentials‚ discrimination‚ and so on. 2) THE MEASUREMENT OF INEQUALITY How much inequality is there in our society? How many people live in poverty? What problems arise in measuring the amount of inequality? How often do people move among income classes? 3) Table 1 The Distribution
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illuminate the influences and constraints on creative accounting providing new insights of understanding financial reporting. The dominant purpose of this paper is to identify the key motivations and constraints of this practice in order to explain variations in accounting policy choices. In the UK‚ the documentation of creative accounting dates back beyond 1986 through works of Grififths (1986) and has been ever growing. Several authors like Clikeman et al. (2000)‚ Mian and Smith (1990) have carried
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Agricultural Mechanization Strategies and programmes have been directed towards replacement of traditional and inefficient implements by improved ones‚ enabling the farmers to own tractors‚ power tillers‚ harvesters and other machines‚ availability of custom hire services‚ support services of human resource development‚ testing‚ evaluation and research & development. A huge industrial base for manufacturing of the agricultural machines has also been developed. Introduction of technologically
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Consider the argument that people may be acting out of duty/loyalty‚ it seems possible that people will act out of duty/loyalty to a cause rather than another person. Taking care of the environment can be a such cause. This means‚ firstly‚ that that WTP may not necessarily reflect individual well-being. Secondly‚ however‚ it is possible that individuals want environmental policy to take such moral duties into account. Individuals’ WTP for environmental goods is a central concept in environmental
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In 1961‚ while on probation from an earlier case‚ Morris Kent‚ age 16‚ was charged with rape and robbery. Kent confessed to the offense as well as to several similar incidents. Assuming that the District of Columbia juvenile court would consider waiving jurisdiction to the adult system‚ Kent’s attorney filed a motion requesting a hearing on the issue of jurisdiction. The juvenile court judge did not rule on this motion filed by Kent’s attorney. Instead‚ he entered a motion stating that the court
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