Brand Preference for Fairness Creams By Dr. L. Manivannan M.B.A.‚ M.Phil.‚ Ph.D. Reader Dept. of Corporate Secretaryship‚ Erode Arts College Erode. Tamilnadu & Mr. K.V. Kannan M.B.A.‚ M.F.T. Faculty School of Management‚ Sri Krishna College of Engineering & Technology Kuniamuthur P.O.‚ Sugunapuram‚ Coimbatore & Mr. Natrayan M.B.A. Annamalai University Chidambaram Abstract Fairness creams have become a vital product for the Indian FMCG companies in increasing their overall
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Equity Equity means social justice or fairness; it is an ethical concept‚ grounded in principles of distributive justice.39–[->0]42[->1] Equity in health can be—and has widely been—defined as the absence of socially unjust or unfair health disparities.1‚[->2]6[->3] However‚ because social justice and fairness can be interpreted differently by different people in different settings‚ a definition is needed that can be operationalised based on measurable criteria. For the purposes of operationalisation
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Equity In accounting and finance‚ equity is the residual value or interest of the most junior class of investors in assets‚ after all liabilities are paid; if liability exceeds assets‚ negative equity exists. In an accounting context‚ shareholders’ equity (or stockholders’ equity‚ shareholders’ funds‚ shareholders’ capital or similar terms) represents the remaining interest in the assets of a company‚ spread among individual shareholders of common or preferred stock; a negative shareholders’ equity
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Harvard philosopher John Rawls (1921-2002 ) developed a conception of justice as fairness in his now classic work A Theory of Justice . Using elements of both Kantian and utilitarian philosophy‚ he has described a method for the moral evaluation of social and political institutions. Imagine that you have set for yourself the task of developing a totally new social contract for today’s society. How could you do so fairly? Although you could never actually eliminate all of your personal biases and
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1) Briefly describe the company you researched‚ its compensation strategy‚ best practices they are applying‚ and compensation-related challenges they are facing. Marriott International‚ Inc.-formed in 1993 when Marriott Corporation split into two separate companies-is the world’s leading lodging and contract services company. Marriott International has two operating groups: Marriott Lodging‚ which generates about 60 percent of company revenue‚ and the Marriott Service Group‚ its contract services
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Justice As Fairness John Rawls made a significant difference in the way society views justice. He wanted people to keep in mind that his persuading arguments on the principles of justice come from the original hypothetical positions. The liberties he claims rational self interested people would include were things such as religion and the freedom of speech. He didn’t like the idea of utilitarianism for the reason of it leaving the minorities “destitute” and without help”. He also said that if
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based on a stated pay-level strategy. case. Instructors who have previously taught compensation courses‚ • Create pay grades. are familiar with the Internet and Excel‚ have work experience with • Establish pay ranges. pay systems‚ or who conduct research in compensation area may find the case easier to facilitate. This case complements the first 40 percent or so of chapters in most compensation textbooks. The amount of time the case takes for students to complete will depend on
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Compensation Compensation has a different definition to different organizations. According to Dictionary.com‚ “compensation is defined as the act or state of being compensated or something is received or given as an equivalent for services‚ debt‚ loss‚ injury‚ etc.” In the business world‚ compensation is the total monetary and non-monetary pay and benefits provided to an employee by an organization for performing their job duties as specified and required. Compensation is based on numerous
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assignment: ____________ Instructor’s comments: Compensation-Bemis 1 Compensation-Bemis Corporation Human Resource Management MBA 506 Jennifer Rebarchick Misericordia University Fall 2014 Compensation-Bemis 2 ABSTRACT The main purpose of a compensation strategy is to give the right rewards for the right employee behavior. Compensation is an important motivator when looking to achieve desired organizational results
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Equity Theory by John Stacey Adams Equity Theory attempts to explain relational satisfaction in terms of perceptions of fair/unfair distributions of resources within interpersonal relationships. Equity theory is considered as one of the justice theories; it was first developed in 1962 by John Stacey Adams‚ a workplace and behavioral psychologist‚ who asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the
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